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    Indian Economy: News and Discussion

    This company has a large facility under construction in Telangana
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    Indian Economy: News and Discussion

    https://www.reuters.com/world/india/jsw-amara-raja-reliance-submit-bids-make-batteries-india-2024-04-23/
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    Indian Economy: News and Discussion

    Almost all south indian regions are reporting a steep fall in infant mortality. But some of this sounds way too good to be true. IMR from 24 to 8 in just 3 years in tribal dominated area sounds like deaths are simply being recorded elsewhere. We will only get to know the actual figures if/when...
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    Indian Economy: News and Discussion

    https://timesofindia.indiatimes.com/city/chennai/bharat-fritz-werner-opens-new-plant-in-hosur/articleshow/109466898.cms India needs 100s of such factories producing machine tools. We need to make modern CNC machines very cheap, allowing our outdated and inefficient MSME factories to upgrade...
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    Indian Economy: News and Discussion

    Nah, the real reason is that tesla is getting btfo by chongs. Their latest quarter showed it. Sales were even worse than expected. The truth is that an Indian factory makes no sense for them at this point, especially for exports, as they can comfortably supply the demand from their existing...
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    Indian Economy: News and Discussion

    https://cxotoday.com/press-release/hitachi-power-semiconductor-device-ltd-hpsd-and-sagar-semiconductors-join-forces-with-signing-of-mou-to-propel-indias-semiconductor-ecosystem/ Might be a fluff MoU. Sagar semi is a new company with no revenue/plants. But they have brought an experienced team...
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    Indian Economy: News and Discussion

    Largely thanks to Gujarat and Andhra. In the last 5 years, over 600 drug manufacturing factories were approved in Gujarat, including 133 in the last year. A large volume of them are in the API sector focusing on a single ingredient/molecule...
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    Indian Economy: News and Discussion

    In terms of absolute numbers, GDP per capita (as per IMF), in 2024 was: 2024: India $2,850 Developing economies $6,770 (42%) 2014: India $1,560 Developing economies $5,140 (30%) 2004: India $635 Developing economies $1,790 (35%) 1998: India $419 Developing economies $1,380 (30%) Amazing...
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    Indian Economy: News and Discussion

    more investment in food storage is neededd
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    Indian Economy: News and Discussion

    https://www.hindustantimes.com/business/damson-tech-plans-to-move-smart-gadgets-production-to-india-invest-rs-150-cr-in-first-year-101712824562684.html Very good. these kind of companies need to be given a carrot and stick to bring basic assembling/manufacturing here and build up a decent...
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    Indian Economy: News and Discussion

    No both news can be true. You see, railway baboons have been against DFCs from day 1, because they will lose a large amount of direct revenue to DFCCIL. They were many articles on this in the past. The same baboons did everything they can to scuttle train 18s too. IR bureaucracy needs to be...
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    Indian Economy: News and Discussion

    Finally they are learning a thing or 2 from the chinese. I have never understood why Indian factories or industrial parks do not have dorm/housing facilities. This is one of the largest contributors to slums in every city in the country. An average factory worker earns 10-20k max a month and has...
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    Indian Economy: News and Discussion

    never before has someone portrayed freebies more succinctly. This applies to all parties in general
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    Indian Economy: News and Discussion

    https://www.thehansindia.com/business/blue-star-investing-rs-900cr-in-sri-city-plant-by-fy27-870432 They are increasing the production capacity to 18 lakh room AC units by financial year 2026-27 from 3 lakh room AC units at present. GST rates for ACs should be slashed to <10% from the current...
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    Indian Economy: News and Discussion

    Adani is a private port. Major ports in India refer to only PSU ones
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    Indian Economy: News and Discussion

    Game changer moment of local manufacturing. Such dorms and factory scale should be normalised.
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    Indian Economy: News and Discussion

    No matter how people here cope, jobless growth for the youth is a very real thing, unless you find nothing wrong with millions of youth running pani puri vendor business or toiling as farm labourers or simply lazing around drinking alcohol and doing nothing worthwhile. The entire gangetic belt...
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    Indian Economy: News and Discussion

    https://childmortality.org/all-cause-mortality/data?refArea=IND Under 5 mortality is probably one of the clearest indicators of a country's development. Here india has seen a massive decline regardless of party rule, from a U5MR of ~91 deaths per 1000 live births in 2000, to ~29 per 1000 in...
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    Indian Economy: News and Discussion

    Alright then, i will bite. If every source that exposes the abysmal state of government school education in the country is "misleading" or is a trope, then can you show a single source that actually shows that the state of education is good?
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    Indian Economy: News and Discussion

    https://economictimes.indiatimes.com/tech/technology/kaynes-semicon-osat-to-move-from-telangana-to-gujarat-sources/articleshow/108402836.cms?from=mdr
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