Indian Economy: News and Discussion

[Arjun Mk1A]

MH Govt doing Tiktok videos but nonetheless deserved.

Serious Money is running on that road. G Class, Land Rover.

 

[Blademaster]

Serious Money is running on that road. G Class, Land Rover.

Yes and I am disappointed that they didn't use Indian brand & Indian made cars. Would have made a huge statement.

 

[ezsasa]

Yes and I am disappointed that they didn't use Indian brand & Indian made cars. Would have made a huge statement.

MH CM has a thing for cars..

 

[Abbey]

Godrej Properties buys 18.6 acre land in Mumbai for about Rs 750 cr to build luxury homes

Godrej Properties, which is part of business conglomerate Godrej Group, is one of the leading real estate companies in the country. The company has been aggressively buying land outrightly and also entering into joint development agreements (JDAs) with landowners to create future development...

economictimes.indiatimes.com

 

[NutCracker]

Serious Money is running on that road. G Class, Land Rover.

Is it expensive?? Looks so boxy shit ..

Could've bought something better from domestic market.

 

[Arjun Mk1A]

Is it expensive?? Looks so boxy shit ..

Could've bought something better from domestic market.

Sheer disrespect to fucking G - Class. Let me share the quote of my mentor.

 

[Love Charger]

Sheer disrespect to fucking G - Class. Let me share the quote of my mentor.
View attachment 184896

You can literally blast all of them, remember you are a tank

 

[Abdus Salem killed]

Eastern India's First Semiconductor FAB Unit To Be Set Up In Bhubaneswar - odishabytes

Bhubaneswar: The first semiconductor FAB unit in eastern India will be set up in Odisha by United Kingdom-based conglomerate SRAM & MRAM Group, which announced Rs 2 lakh crore investment in the project at the Make in Odisha Conclave, 2022, on Saturday. The proposed unit will be established in an...

odishabytes.com

 

[thebakofbakchod]

Eastern India's First Semiconductor FAB Unit To Be Set Up In Bhubaneswar - odishabytes

Bhubaneswar: The first semiconductor FAB unit in eastern India will be set up in Odisha by United Kingdom-based conglomerate SRAM & MRAM Group, which announced Rs 2 lakh crore investment in the project at the Make in Odisha Conclave, 2022, on Saturday. The proposed unit will be established in an...

odishabytes.com

Most bogus MOU in history

 

[Blademaster]

Most bogus MOU in history

what makes you say that?

 

[thebakofbakchod]

what makes you say that?

What makes you think this MOU is real? They have 0 experience in this field, and their revenue is only around $10 million, but will invest a figure 200x that?

RocketReach - Find email, phone, social media for 450M+ professionals

SRAM & MRAM Group is an Information Technology and Services, Consumer Electronics & Computers, and Retail company located in Brighton, Brighton And Hove with $6.00 Million in revenue and 45 employees. Find top employees, contact details and business statistics at RocketReach.

rocketreach.co

 

[FalconSlayers]

 

[Haldilal]

Ya'll Nibbiars The Punes largest Real Estate FDIs.

 

[blackleaf]

Wow .. if India EU fta gets signed there will be a literal economic crisis for the kanglus.

It's so unfair that Bangladesh gets tariff free access to the EU while India has to negotiate a FTA.

 

[Suryavanshi]

It's so unfair that Bangladesh gets tariff free access to the EU while India has to negotiate a FTA.

Its an arrangement for poverty stricken countries exclusively. They pose no threat to EU supremacy in anyway. We on the other hand are a completely different story.

 

[SilentlAssassin265]

It's so unfair that Bangladesh gets tariff free access to the EU while India has to negotiate a FTA.

No western grouping is going to support india as they don't want another china.
We have to targer individual contries only.

 

[blackleaf]

View attachment 184945

For Bihar and the neighbouring poor areas I think establishing textile/industrial parks with good infrastructure and access to transportation along with the PLI scheme has a good chance of working. These parks could be set up as special zones with their own common simplified labour and tax regulations.

The PLI scheme should start bearing some fruit anyway around 2024.

 

[Abbey]

Top ten fastest growing major state economies of India

Kerala with growth rate of 3.9 per cent, Jammu & Kashmir 4.1 per cent CAGR and Jharkhand with CAGR of 4.2 per cent are the slowest growing major states of India.

www.businesstoday.in

Gujarat is the fastest-growing state for the last nine years (from FY12 to FY21), according to the latest data released by RBI. Gujarat's Gross State Domestic Product (GSDP) at the constant price has increased at compounded annual growth rate (CAGR) of 8.2 per cent. It has grown from Rs 6.16 lakh crore in the Financial Year (FY) 2012 to Rs 12.48 lakh crore in FY21 (the latest data for FY22 is not available). Gujarat is also the second largest state in India, only behind Maharastra which has a GSDP of Rs 18.89 lakh crore.

Karnataka is the second fastest-growing major state economy, with a CAGR of 7.3 per cent. The southern state grew from Rs 6.06 lakh crore in FY12 to Rs 11.44 lakh crore in FY21. Karnataka is also the fourth largest state economy. At the third spot is Haryana with a GSDP of Rs 5.36 lakh crore in FY21. The state had a GSDP of Rs 2.97 lakh crore in FY12.

With a CAGR of 6.7 per cent, Madhya Pradesh is ranked fourth in the list of fastest-growing states. The state GDP expanded from Rs 3.16 lakh crore in FY12 to Rs 5.65 lakh crore in FY21. Madhya Pradesh is followed by Andhra Pradesh which has registered an annual GSDP growth rate of 6.5 per cent to touch Rs 6.70 lakh crore in FY21 from Rs 3.79 lakh crore in FY12.

Andhra Pradesh’s neighbouring state Telangana is at the sixth spot in the list with a CAGR of 6.1 per cent. The state's GDP grew from Rs 3.59 lakh crore (FY12) to Rs 6.10 lakh crore in FY21. It is followed by Tamil Nadu with a GSDP of Rs 12.46 lakh crore in FY21. It clocked a CAGR of 5.8 per cent during the same period.

Odisha is ranked eighth with a CAGR of 5.73 per cent and a GDP of Rs 3.81 lakh crore. Delhi is at number nine in this list with an annual GSDP growth rate of 5.67 per cent. Delhi’s GDP increased from Rs 3.44 lakh crore in FY12 to Rs 5.65 lakh crore in FY21.

India's tenth fastest-growing major state is Assam. The northeastern state posted a CAGR of 5.3 per cent and GSDP of Rs 2.28 lakh crore in FY21.

Kerala with a growth rate of 3.9 per cent, Jammu & Kashmir 4.1 per cent CAGR, and Jharkhand with CAGR of 4.2 per cent are the slowest-growing major states of India

Among the smaller states, Mizoram has the fastest growth rate of 7.9 per cent with an economy of Rs 14.4 thousand crore in FY21, while Meghalaya recorded the slowest CAGR of 2 per cent. Its GDP was at Rs 23.75 thousand crore in FY21.

The latest annual GSDP data for FY22 is not available for some states, hence we have used GSDP as of FY21 State’s ranking.

 

[SKC]

Ya'll Nibbiqrs The BSNL Data Centre, Navi Mumbai.



View attachment 184834

Still living the brutalist architecture dreams.

 

[FalconSlayers]