Indian Economy: News and Discussion

[NutCracker]

Yogi is no Modi when itv comes to economy, or at least he has not shown anything extraordinary till now.

KTR/KCR are most pro business leaders of a state at the moment, specially w.r.t. courting investments.

Also, they are much better at implementing central govt. schemes than BJP states themselves.

View attachment 201755

Bihar's numbers are most impressive if data is true.

 

[shashankk]

MK Stalin-led Tamil Nadu govt makes 2 policy U-turns in a day after facing criticism (msn.com)

The first policy to be put on hold was the Factories (Amendment) Act, 2023, which allowed 'flexibility' in work hours for desirable employees but would have in effect enabled select factories to extend the daily working hours of employees.

The provision extended the daily working hours from 8 to 12. However, Tamil Nadu Industries Minister Thangam Thennarasu clarified that the maximum weekly working hours would be capped at 48 hours.

 

[ezsasa]

Yogi is no Modi when itv comes to economy, or at least he has not shown anything extraordinary till now.

KTR/KCR are most pro business leaders of a state at the moment, specially w.r.t. courting investments.

Also, they are much better at implementing central govt. schemes than BJP states themselves.

View attachment 201755

efficiency or is it the scale that is making the difference?

Telangana needed 40 lakh new HH connections to reach 100%, starting point in 2019 30%.
UP needed one crore new HH connections to reach 40%, starting point in 2019 less than 2%.

 

[Atavistic]

Ya'll Nibbiars The Navi Mumbai Has hit a Jack Pot here.

The Total Investment of the GJEPC at Mahape and IBJA at Jui Nagar will at 80,000 crore rupees.

India Jewellery Park to be set up in Mumbai, aims to attract Rs 20,000 crore investment

The Gem & Jewellery Export Promotion Council and Maharashtra Industrial Development Corporation have signed a draft agreement granting possession of a plot for setting up the park.

theprint.in

Rs 60,000-crore gems and jewellery park coming up in Navi Mumbai: Devendra Fadnavis

Fadnavis said that a few days ago, a delegation of India Bullion & Jewellers Association (IBJA) met him with a proposal of setting up a state of the art Gems & Jewellery Park in Navi Mumbai. The facility is expected to generate a total employment of over 1 lakh for both skilled and unskilled...

www.timesnownews.com

Haldi bhai what's the difference between Surat's jewelry park and the Navi Mumbai one?

 

[Haldilal]

Haldi bhai what's the difference between Surat's jewelry park and the Navi Mumbai one?

Ya'll Nibbiars The Surat ones is mostly a Trading development, while this is a Intergated one from Manufacturing, Storage, Offices, Retail, and other facilities, and much larger in every term. And that's why 80,000 crore total Investment. You can say almost 6 times larger if gone by the total Investments. If belive the surat one was 15,000 crore total Investment half of which was the builidngs and remaining was the other cost borne by the tenants. And could be wrong about the cost of the surat one.

 

[Atavistic]

Ya'll Nibbiars The Surat ones is mostly a Trading development, while this is a Intergated one from Manufacturing, Storage, Offices, Retail, and other facilities, and much larger in every term. And that's why 80,000 crore total Investment. You can say almost 6 times larger if gone by the total Investments. If belive the suratvone was 15,000 crore total Investment half of which was the builidngs and removed was the other cost borne by the tenants. And could be wrong about the cost of the surat one.

Lay bhari. Ye toh bas shuruvat hai. Once the airport work is completed it's gonna discharge a sea of massive investments in the MMR. Other developments in the country will seem like peanuts.

 

[fooLIam]

Yogi is no Modi when itv comes to economy, or at least he has not shown anything extraordinary till now.

KTR/KCR are most pro business leaders of a state at the moment, specially w.r.t. courting investments.

Also, they are much better at implementing central govt. schemes than BJP states themselves.

View attachment 201755

Even in BJP barring a few CM everyone else is only warming the chair or either opportunistic people riding the current wave. No vision,No ambition, no eagerness or urgency to get things done.
Political meritocracy is what we need.
stalin did reversal on labour code amendments. Well all those owning of property,media house etc is only good for Dravidian politics and intimating people who oppose conversion .
How does it will inspire any confidence when laws are reversed on first sign of street opposition and street opposition will always be there.

 

[Haldilal]

Ya'll Nibbiars

1 . Barsu Refinery 4 lakh crore rupees, Land Demarked.

2 . Jataipur Nuclear Plant, 0.9 lakh crore rupees, In Advance Talks.

3 . Vashavan Port, 0.9 lakh crore rupees, EC to be awarded soon.

4 . Navi Mumbai Mega Jewelry Park's 80,000 crore rupees. already Under Constructions.

5 . JNPT port Expansion and SEZ's, 30,000 crore rupees, in implementations with few facilities already operational.

6 . Pune's Electronic Cluster, The First of some 5,000 to 10,000 crore rupees already approved.

And still the Opposition plays the Gujarat Cards.

The ES and The DF should Stay still like a Mountain, No arguments, no compromise's.

 

[Crazywithmath]

Why are we guys discussing TN labor laws when Stalin has stalled it
@ezsasa @Crazywithmath @Shuturmurg @shade

T.N. government puts on hold amendment to Factories Act

Leaders of the DMK’s fraternal parties including Dravidar Kazhagam, Congress, MDMK, CPI (M), CPI, VCK, Muslim League, Manithaneya Makkal Katchi and Tamilaga Vazhvurimai Katchi, in a joint memorandum addressed to Mr. Stalin appealed to him to give up the ‘anti-labour’ amendment.

www.thehindu.com

Laws take months to be notified and put in place once they pass parliamentary tests. Commies are their allies so some jhumlebaazi is due from dmk. What do you find so unusual about it?

Utter clowns ruling this country

These laws are almost never implemented. That is why both Noida and Gurgaon continue receiving FDI.

 

[Haldilal]

Ya'll Nibbiars

1 . The Netherlands based APM Terminals to invest 737 crore rupees to set up new liquid berth at Pipavav port in Gujarat.

2 . The Varmora Group has laid the foundation stone for its new tiles manufacturing plant at Morbi in Gujarat. The new unit is being setup at an investment of 250 crore Rupees and will create 150 new jobs.

3 . The ESR Group to invest 400 crore Rupees to set up its second logistics/industrial and warehouse park at Sanand in Gujarat.

4 . The Croda India subsidiary of UK based Croda International Plc to invest 500 crore Rupees to set up its manufacturing unit at Dahej in Gujarat.

 

[FalconSlayers]

Tech park in Thiruvananthapuram

 

[Blackmamba]

Yogi is no Modi when itv comes to economy, or at least he has not shown anything extraordinary till now.

KTR/KCR are most pro business leaders of a state at the moment, specially w.r.t. courting investments.

Also, they are much better at implementing central govt. schemes than BJP states themselves.

View attachment 201755

JJM Dashboard (ejalshakti.gov.in)
Households with tap water connections as on date (60.83%)

 

[nongaddarliberal]

JJM Dashboard (ejalshakti.gov.in)
Households with tap water connections as on date (60.83%)

View attachment 201774

Bihar is doing surprisingly well, if these figures are accurate.

 

[karn]

This vid explains pretty well the scenario with regards to aircraft production .. and why India may or maynot get a final assembly line. For one boeing has only one final assembly line outside the US in Australia that too for a drone which the austrailians funded.

 

[SammyBoi111]

Exactly what we need to continue doing for tens of thousands of other such systems, subsystems and components from a plethora of fields.....

 

[sameer3694]

What the fuck?
Edit: 2021 article

UP government implements reservation for locals in private jobs in Greater Noida, MNCs cry foul

After Haryana, the Uttar Pradesh government implemented 40% reservation for local youths in private companies in Greater Noida on Wednesday. The move has invited a mixed response.

www.google.com

I'm from Andhra, I remember our CM Jagan doing this couple of years back. Immediately after the reservation Bill was passed various industrialists met him and convinced not to implement it. If I remember correctly, Kia motors even threatened to leave Andhra.(though they didn't go ahead with that)

Kia Motors in talks over moving $1.1 billion plant out of Andhra Pradesh: Report

Kia inaugurated the Andhra plant, its first in the world's fifth-largest car market, in December after two years of construction.

www.indiatoday.in

Basically these kind of laws are created only to please the rabble voters. Technically they are unenforceable and also violate the constitution. As long as the state doesn't have special protections(like Inner line/Protected Area permits), I have the complete freedom to live and work wherever I want and this is guaranteed by our constitution. Sometimes, I wish our milards at SC spent their "valuable time" looking at blatantly unconstitutional laws like these.

 

[Crazywithmath]

I'm from Andhra, I remember our CM Jagan doing this couple of years back. Immediately after the reservation Bill was passed various industrialists met him and convinced not to implement it.

Such jhumla laws are never meant to be implemented.

===========
Summary of the semiconductor ambitions of the Tatas;

Tata group’s slow but steady steps toward semiconductors

Tata Electronics looks set to announce a silicon-based semiconductor fab, with key personnel and collaborations in place

www.moneycontrol.com

 

[sameer3694]

Nice...

Micron is having lots of trouble with China, so perhaps they are pivoting to India now. Great news if true. Anyone with access to the full article?

 

[FalconSlayers]

 

[shade]

MK Stalin-led Tamil Nadu govt makes 2 policy U-turns in a day after facing criticism (msn.com)

The first policy to be put on hold was the Factories (Amendment) Act, 2023, which allowed 'flexibility' in work hours for desirable employees but would have in effect enabled select factories to extend the daily working hours of employees.

The provision extended the daily working hours from 8 to 12. However, Tamil Nadu Industries Minister Thangam Thennarasu clarified that the maximum weekly working hours would be capped at 48 hours.

lol Stalin, unexpected from a guy who has the whole state under firm control, this is expected from Bhajipao, KT Bhajipao will also REPEAL the same law soon under Congressi bitch and whine because of KT elections.

Micron is having lots of trouble with China, so perhaps they are pivoting to India now. Great news if true. Anyone with access to the full article?

No, but in the few non-paywalled lines it is a "sutro se pata chala hai" news, it is not confirmed by Micron who are giving a vague statement.

Swarajya article has more detail, disable JavaScript on browser to read if some paywall comes

Top U.S Memory Chipmaker Micron Likely To Secure Approval To Set Up A $1-billion ATMP-focussed Semiconductor Unit In India

Leading U

swarajyamag.com

However an ATMP plant in India is very logical and is also what Tata is planning to get into, so it could be true