Indian Economy: News and Discussion

Haldilal

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Is there data ? We can see sector wise number of start up etc . My impression is lots of biotech start up coming up .
Ya'll Nibbiars Yeah The Maharashtra followed by Karnataka and then Telegana are leading this race.
 

Crazywithmath

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So corrected projection from IMF point to 4.7 trillion usd economy by 2025. And 5.1 trillion by 2026. This despite two years disruption by pandemic and slowing global growth.
Need to maintain double digit nominal growth for the next 15 years. It should be enough to create a sizeable middle class and meet most (if not all) of our SdGs. Doable provided there is stability across the union govt; despite slow global growth and all.
 

FalconSlayers

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Damn, that’s a proper corporate complex, was thinking they leased a few lakh sq ft office soace in some commercial office building.

So corrected projection from IMF point to 4.7 trillion usd economy by 2025. And 5.1 trillion by 2026. This despite two years disruption by pandemic and slowing global growth.
We’ll be rebasing our GDP in 2025, which will make it around $5.2 trillion.
 

Haldilal

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Ya'll Nibbiars The Mixed Use Office, Waterstones Business Park, Andheri, Mumbai, India. A Campus of 8.5 Acres, Leasable Area 1,160,000 Sq. Ft, And Buildings 3, 11 Floors, Floor Plate 93,000 Sq. Ft, Heights 55 Meters. The Project Completions Q2 2025. The Architects Gensler.

The BrookFields Properties.

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FalconSlayers

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Ikea to invest $1 billion in India to built 2 new mega shopping centres in the cities of Gurugram and Noida.
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The 1.7 million sq. ft Gurugram centre will house an Ikea store, other retail outlets for global and local brands, edutainment activities, a food park, and 320,000-sq ft commercial office space, spread over nine floors, the company said. The Ikea store will be spread across 250,000 sq ft and offer more than 9,000 home furnishing products. The company is targeting an annual footfall of 20 million at the Gurugram store.
The Noida centre, however, will take some time to develop, the company said, without giving a timeframe.
 

Haldilal

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Ya'll Nibbiars The Diageo India invests 100 crores to set up its hub in Ponda, Goa. The unit is spread over 4 acres and will generate 250 jobs.
 

thebakofbakchod

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So are we ever going to take part in PISA again? The last time we took part in that, we ranked second worst in the world and in true pajeet fashion, the UPA governemnt made some bs excuse and pulled the country out of the tests. The latest AISER survey shows India's primitive education system has gotten even worse thanks to the lockdown. Modi has completely failed on the education front. Almost nothing has been done to improve the overall infrastructure of government schools across the country

 

thebakofbakchod

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Meanwhile on the healthcare front, changes are much more visible. Lots of 500 bed medical colleges going up in every other district. Not sure what the quality of infrastructure and facilities will be, but for a start, they are better than nothing. The next target should be to ensure at least 1 1000 bed hospital in each district, especially those with populations > 10 lakhs




 

Varzone

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So are we ever going to take part in PISA again? The last time we took part in that, we ranked second worst in the world and in true pajeet fashion, the UPA governemnt made some bs excuse and pulled the country out of the tests. The latest AISER survey shows India's primitive education system has gotten even worse thanks to the lockdown. Modi has completely failed on the education front. Almost nothing has been done to improve the overall infrastructure of government schools across the country

Lot needs to be done on curriculum but Indian politics is on sub human level to enable any meaningful reforms.
Even an update would be a welcome change to accomodate for how much the world has changed.
 

ezsasa

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So are we ever going to take part in PISA again? The last time we took part in that, we ranked second worst in the world and in true pajeet fashion, the UPA governemnt made some bs excuse and pulled the country out of the tests. The latest AISER survey shows India's primitive education system has gotten even worse thanks to the lockdown. Modi has completely failed on the education front. Almost nothing has been done to improve the overall infrastructure of government schools across the country

education is in concurrent list, centre takes care of it's own school system, and states take care of their own, and muncipal corporations take care of their own.
 

thebakofbakchod

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Daikin has made India one of its key production hubs
 

thebakofbakchod

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education is in concurrent list, centre takes care of it's own school system, and states take care of their own, and muncipal corporations take care of their own.
Something has to change then. The current way is spectacularly failing on all fronts
 

Haldilal

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Ya'll Nibbiars The KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,313 crores across its various businesses:

The Transmission & Distribution (T&D) business has secured orders for T&D projects in India, Middle East and Americas

- 400 kV Transmission line order in India, from Power Grid Corporation of India Limited (PGCIL)
- Supply of towers in Middle East, secured by our subsidiary in UAE
- Supply of towers, hardware and poles in Americas, secured by our subsidiary, SAE Towers

The Railways business has secured a composite order for construction of a third railway line and associated works in the Conventional segment in India.

The Civil business has secured an order for executing infra works in the Metals & Mining segment in India.

The Oil & Gas Pipelines business has secured an order for composite works for an oil terminal station in India.

The Cables business has secured orders for various types of cables in India and overseas.
 

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