Indian Economy: News and Discussion

[The Saffron Knight]

But why in 2021 the output decreased

2021 is starred, the data is not complete.

 

[karn]

If anyone can give a follow up on this that would be great.

Local manufacturing of 35 APIs started after PLI scheme: Mandaviya

"The 35 APIs are being manufactured from 32 different manufacturing plants. This will give a boost to AatmaNirbhar Bharat," Mandaviya, the Minister of Health & Family Welfare and Chemical and Fertilisers, told reporters here. These 35 active pharmaceutical ingredients (APIs) are among the 53...

economictimes.indiatimes.com

This will bring down the "organic chemicals" category.

 

[Haldilal]

Ya'll Nibbiars The Noida Real estate sales flaters. And Delhi is still struggling to recover. The Noida holds up Ghaziabad, Faridabad remain weak. And Looks like the NCR property market is still in waters.

 

[Haldilal]

Ya'll Nibbiars The 9 out of 223 cases resolved. Unfortunate - need faster and more efficient Resolutions.

Just 4% real estate related cases under insolvency & bankruptcy resolved - ET RealEstate

This represents just 4% of cases accepted, compared to overall resolution rate of 9% under IBC, it said. The poor resolution rate further delays reprieve for thousands of homebuyers left in the lurch by builders.

realty.economictimes.indiatimes.com

 

[Haldilal]

Ya'll Nibbiars The Rashmi Metaliks has invested Rs. 3,500 Cr to establish a new integrated steel plant near Kharagpur in West Bengal for which construction has cokmenceds.

 

[Haldilal]

India Imports from China - 2024 Data 2025 Forecast 1988-2022 Historical

India Imports from China was US$102.25 Billion during 2022, according to the United Nations COMTRADE database on international trade. India Imports from China - data, historical chart and statistics - was last updated on March of 2024.

tradingeconomics.com

India Imports from China	Value	Year
Electrical, electronic equipment	$26.39B	2021
Machinery, nuclear reactors, boilers	$18.80B	2021
Organic chemicals	$11.86B	2021
Plastics	$4.17B	2021
Fertilizers	$2.69B	2021
Optical, photo, technical, medical apparatus	$2.43B	2021
Vehicles other than railway, tramway	$1.73B	2021
Miscellaneous chemical products	$1.71B	2021

I get Machinery,boilers , fertilisers , organic chemicals.. These have not started production under PLI yet .. But why the F is Electronics and Electricals still so high.

Ya'll Nibbiars you forgetting lot medical Equiments were imported during the Secind Chinese Virus.

 

[Haldilal]

India has always relied on imports of power equipment, and the Indian government has always had a love-hate and wariness attitude towards Chinese power equipment. "Love" because cheap and quality Chinese power equipment has been doing important work in India's power plants; "Hate" is due to a large number of imports of Chinese power equipment, the local power equipment companies caused great pressure. It is an indisputable fact that India's manufacturing sector is not competitive. With the Modi go nment's Rs 100 lakh crore infrastructure development plan, Chinese companies have a clear competitive advantage in contracting projects with mature and reliable technology and rich practical experience.


India's power industry chain is not perfect, and some equipment and accessories that cannot be produced in India still have to be imported. Compared with the products of other international suppliers, "Made in China" not only has a complete supply chain, but also has high cost performance. Therefore, despite short-term policy obstacles, according to economic laws, producers and consumers will eventually choose Chinese products. According to a report by Canalys Research, Chinese smartphone brands gained market share in India in 2020, accounting for 77 percent of the total market, even after the suspension of parts clearance by customs and mass boycott by the private sector. Chinese suppliers such as Xiaomi, OPPO and Vivo accounted for 77 percent of total smartphone shipments in India in 2020, up 5 percentage points from 2019, financial Express reported. In addition, heavy machinery, mechanical and electrical products, telecommunications equipment, household appliances and other sectors, there are few alternative suppliers to compete with Made in China.

Ya'll Nibbiars even before knowing what kind of Electrical equipment were they just commenting is sheer ignorances.

 

[Kumata]

Ya'll Nibbiars The Noida Real estate sales flaters. And Delhi is still struggling to recover. The Noida holds up Ghaziabad, Faridabad remain weak. And Looks like the NCR property market is still in waters.

But still Prices are through roof... Black money holding up...

 

[Haldilal]

But still Prices are through roof... Black money holding up...

Ya'll Nibbiars Insolvency will bust half the project in ghost state and what completes will command a premium I the end consumer will only suffers.

 

[devvvvil]

Ya'll Nibbiars The Rashmi Metaliks has invested Rs. 3,500 Cr to establish a new integrated steel plant near Kharagpur in West Bengal for which construction has cokmenceds.

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Hey everyone long-time lurker here. I work in that company here are pictures i clicked few weeks back.

 

[Haldilal]

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Hey everyone long-time lurker here. I work in that company here are pictures i clicked few weeks back.

Ya'll Nibbiars to phir details do is projectes ki.

 

[devvvvil]

Ya'll Nibbiars to phir details do is projectes ki.

They are expanding their DRI plant since that is quite profitable these days. They also have rolling mill plant, DI pipe etc.

P.s.- How do i add pictures here?

 

[devvvvil]

Ya'll Nibbiars after 10 posts.

the picture that you posted is from another location and the pictures that I posted is near their existing plant.

Google Maps

Find local businesses, view maps and get driving directions in Google Maps.

www.google.co.in

 

[Butter Chicken]

 

[sauntheninja]

Majority of India’s 900 million workforce stop looking for jobs: Report

Frustrated at not being able to find the right kind of job, millions of Indians, particularly women, are exiting the labor force entirely, according to new data from the Centre for Monitoring Indian Economy Pvt, a private research firm in Mumbai.

indianexpress.com

400 million ka labour force ka 900 million bana diya

 

[Haldilal]

Ya'll Nibbiars

And add UP with 14,000 crores defaults.

 

[fire starter]

And the freebies continue .

 

[Haldilal]

And the freebies continue .

Ya'll Nibbiars Ana data mushibath mein hai Another Master stroke. Tai will clap on this.

 

[karn]

And the freebies continue .

Considering the fertilizer situation not at all surprising. DAP from Russia is pricy now.

 

[Haldilal]

Considering the fertilizer situation not at all surprising. DAP from Russia is pricy now.

Ya'll Nibbiars And here goes the Tax on Fuel for the development.