Indian Economy: News and Discussion

[jai jaganath]

I feel Like we are going to rain Tesla with tax breaks and subsidies.
I think it will be well worth it. We need competition for Tata and Mahindra to gear up a bit.

My eyes are craving for BE cars to be seen on road

 

[Haldilal]

Ya'll Nibbiars Built as solid as a Rock. Sadly the Two people in the Alto didn't survived. But all survived in the Harrier.

 

[SKC]

Noida looks very decent, in the future I'm sure more trees will he planted in Noida Industrial area.
But Nodia is the best that India cam do.
This needs to be replicated across the state.
Unplanned industrial infra are going to be a problem in the future at this rate.
The infra is mostly ruined by small jhuhgi jhopadis popping up across the industry from labour.
We need affordable hosuing project or at least make sure no civilian construction takes place and pockets of land are alloted for construction of BPL houses.

Bangladesh has manged to pull their labour force into these kind of houses.

Just move out of Some High class district of Dhaka and you will see the real Bangladesh!

Even in Dhaka the whole road network is sh*t and mostly 1-2 lanes.

 

[SKC]

I feel Like we are going to rain Tesla with tax breaks and subsidies.
I think it will be well worth it. We need competition for Tata and Mahindra to gear up a bit.

He will mostly by put under 5% GST and no cess.

 

[Atavistic]

Tata Group chairman N Chandrasekaran led Economic Advisory Council submitted report to the GoM on roadmap for Maharashtra economy to be $1 trillion calling for further ease of doing business, competitive power tariff, 1 lakh acre land.

 

[Indrajit]

Ya'll Nibbiars Built as solid as a Rock. Sadly the Two people in the Alto didn't survived. But all survived in the Harrier

True that build quality is good but this was luck. If they were a couple of feet behind, they would have been goners.

 

[Haldilal]

True that build quality is good but this was luck. If they were a couple of feet behind, they would have been goners.

Ya'll Nibbiars The chances of surviving in a Tata and Mahindra is much higher than the Suzuki and Hyundai, The rock which hit the Harrier was much larger than the one hit the Alto, while the harrier was direct hit even of at back. The alto was nit and of much smaller size despite that the alto got not just crushed but also rolled.

 

[Haldilal]

Ya'll Nibbiars Finally the Long due.

 

[AK047]

Ya'll Nibbiars Finally the Long due.

Please add me to the skyscrapper thread

 

[sameer3694]

Global accounting firms set up shop in India's smaller cities

Major accounting firms are stepping up investments in facilities away from bigger cities as demand for cheaper back office operations grows and smaller towns move up the economic value chain.

www.reuters.com

Huge growth in GCC's. Supposed to add 2.6 million jobs by 2030, mostly in small cities.

 

[shade]

India calling: Decoding the country’s electronics manufacturing journey and the way forward

With the size of India's electronics manufacturing sector expected to increase to USD 300 billion by 2025-26, the country is fast emerging as a global electronics manufacturing hub. What can further incentivise global players to shift base to India?

www.pwc.in

Report by PWC nibbiars on our past,present and future electronics manufacturing trajectory, has good infographics also.
Most of the stuff is what I already know, but it's good for those who don't pay attention to electronics manufacturing related happenings here..
They also have locations of the map of existing EMC clusters of the country and proposed EMCs( there's one in Assam also lol )


Posting one infographic below since it's just a png, the other stuff is interactive.

 

[shade]

Make in India: Nestlé to set up plant in Odisha, invest Rs 900 crore

The Swiss food and beverages giant has secured approval from the state government; will start building its 10th plant in the country soon

www.businesstoday.in

Similar to what one guy posted a few pages back, Odisha seems to be getting into the big leagues of food processing industry.
It's good they're diversifying away from mineral extraction/refining industry and into other fields.

 

[sameer3694]

ADATA approved capital injection plan for making memory modules in India

ADATA announced in a regulatory filing on July 10 that its board of directors approved a capital injection worth up to US$25 million into its Indian subsidiary, ADATA Semiconductor Private Limited, to set up a new manufacturing facility there.

www.digitimes.com

--ADATA announced in a regulatory filing on July 10 that its board of directors approved a capital injection worth up to US$25 million into its Indian subsidiary, ADATA Semiconductor Private Limited, to set up a new manufacturing facility there.

ADATA Technology Co., Ltd. is a Taiwanese fabless memory, storage and computer case manufacturer, founded in May 2001. Its main product line consists of DRAM modules, USB Flash drives, hard disk drives, solid state drives, memory cards and mobile accessories.(From Wikipedia)

--Fedex invests in Chennai based AI company.

 

[shade]

ADATA approved capital injection plan for making memory modules in India

ADATA announced in a regulatory filing on July 10 that its board of directors approved a capital injection worth up to US$25 million into its Indian subsidiary, ADATA Semiconductor Private Limited, to set up a new manufacturing facility there.

www.digitimes.com

--ADATA announced in a regulatory filing on July 10 that its board of directors approved a capital injection worth up to US$25 million into its Indian subsidiary, ADATA Semiconductor Private Limited, to set up a new manufacturing facility there.

ADATA Technology Co., Ltd. is a Taiwanese fabless memory, storage and computer case manufacturer, founded in May 2001. Its main product line consists of DRAM modules, USB Flash drives, hard disk drives, solid state drives, memory cards and mobile accessories.(From Wikipedia)

--Fedex invests in Chennai based AI company.

ADATA makes memory modules, i.e RAM sticks that go into PCs, Servers and some laptops
This is what a laptop DIMM module/RAM stick looks like

They also made SSDs and other adjacent items.

ADATA is also a small player in these markets, like RAM stick module market is dominated by Corsair, Gskill for consumer and your DRAM chip makers like Samsung, SK Hynix and Micron for business and OEM markets.
So if a small company is so confident in India, big companies must not be far out.

 

[Atavistic]

BIG

GOI approves conversion of existing NITIE Mumbai into Indian Institute of Management, Mumbai.
It will be the 21st IIM. Currently, IIM Indore has its extended campus in Mumbai.
Maharashtra will have 3 IIMs now. IIM Indore ( extended campus), IIM Nagpur and IIM Mumbai.

 

[ezsasa]

-Live Storage Status of 146 reservoirs in the country stands at 59.503 Billion Cubic Meter, which is 33% of total live storage capacity of these reservoirs
-Total Live Storage of the country estimated to be 83.816 Billion Cubic Meter

https://pib.gov.in/PressReleasePage.aspx?PRID=1939285

 

[Haldilal]

Ya'll Nibbiars

 

[FalconSlayers]

 

[Shuturmurg]

Know your demographics:

Ratio of people over 65 for every 100 people under 65 (value of 80 means there are 80 people over 65 for every 100 under 65)

 

[Master Chief]

So.. Foxconn got out of joint venture with vedanta to avail of subsidy benefits alone...

Foxconn may partner with TSMC and TMH to set up fab units

Foxconn is likely to soon finalise the details of the partnership to manufacture both advanced and legacy node chips, a source close to the development told ET.

m.economictimes.com