Indian Economy: News and Discussion

Haldilal

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Ya'll Nibbiars
Apart from the US and the EU, which account for about two-thirds of India’s textiles export, China, the UAE, Vietnam, Sri Lanka, Saudi Arabia, the Republic of Korea, Bangladesh, Turkey, Pakistan, and Brazil are some of the other key export markets.

The export of coir and coir products was worth US$ 246.13 million in April 2020 to October 2020, and for the month of October 2020 it was US$ 41.19 million.

India’s powerloom production during April 2017 to August 2017 was 16,119 million square meters.

Approximately 4.418 million people are employed in this industry.

In India, powerloom sector contributes 57% of the total cloth production, whereas more than 60% of fabric meant for export is also sourced from this sector.

The domestic textiles and apparel market are witnessing strong growth due to rapid increase in organised retail and disposable incomes. The market is estimated to reach US$ 141 billion by 2021.
 

Haldilal

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The Indian plastics industry made a promising beginning in 1957 with the production of polystyrene. Thereafter, significant progress has been made, and the industry has grown and diversified rapidly. The industry spans the country and hosts more than 2,000 exporters. It employs about 4 million people and comprises more than 30,000 processing units, 85-90% of which are small and medium-sized enterprises.

1 . In FY20, plastic and linoleum export from India stood at US$ 7.55 billion.

2 . During April 2019 to January 2020, plastic export stood at US$ 7.045 billion with the highest contribution from plastic raw material at US$ 2.91 billion, plastic sheets, films, and plates at US$ 1.22 billion and packaging materials at US$ 722.47 million.

3 . India exported plastics worth US$ 813 million in October 2020, and the export during April 2020 to October 2020 was US$ 5.58 billion.

4 . The total plastic and linoleum export during April 2020 to November 2020 was US$ 4.90 billion and for the month of November 2020, it was US$ 507.06 million.

5 . The Indian plastics industry produces and export a wide range of raw materials, plastic-moulded extruded goods, polyester films, moulded/ soft luggage items, writing instruments, plastic woven sacks and bags, polyvinyl chloride (PVC), leather cloth and sheeting, packaging, consumer goods, sanitary fittings, electrical accessories, laboratory/ medical surgical ware, tarpaulins, laminates, fishnets, travel ware, and others.

6 . The Indian plastics industry offer excellent potential in terms of capacity, infrastructure, and skilled manpower. It is supported by many polymer producers, plastic process machinery and mould manufacturers in the country.

7 . Among the industry’s major strengths is the availability of raw materials in the country. Thus, plastic processors do not have to depend on import. These raw materials, including polypropylene, high-density polyethylene, low-density polyethylene, and PVC, are manufactured domestically.
 

here2where

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doreamon

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ezsasa

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Biden pissed off with atmanirbar bharat

Murican treasury babus know they can’t do damn to China, so they justify their salaries by writing fancy reports on democratic law abiding nations like India.
 

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Inside Ola's mega factory, India's potential answer to Elon Musk's Tesla

It takes over three hours of drive and covering more than 130 km from tech hub Bengaluru, to reach the ‘Ola FutureFactory’ site in the Krishnagiri district of Tamil Nadu. The electric vehicle facility surrounded by shoe factories, temples, coconut trees, lakes and dusty roads is being constructed to become the world’s largest two-wheeler factory.

 

sorcerer

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Sittwe port in Myanmar is ready for operations: Mansukh Mandaviya

New Delhi: The Sittwe deep-sea port on the west coast of Myanmar, a key part of the $484 million Kaladan multimodal project on which India has been collaborating with Myanmar, is now ready for operations, according to shipping minister Mansukh Mandaviya.

 

sorcerer

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ezsasa

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In A First, Concor To Start Using Made-In-India Containers As It Seeks To Cut Reliance On Chinese Imports
State run Container Corporation of India (Concor) will start the process to manufacture its containers in India, which will result in a lower reliance on Chinese imports, Financial Express has reported.
Oh my.. never realised Concor is actually Container Corporation of India.. i was thinking it was some european company.

learn something new every day ...
 

Haldilal

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Oh my.. never realised Concor is actually Container Corporation of India.. i was thinking it was some european company.

learn something new every day ...
Ya'll Nibbiars really?. :dude:
Kise aur ko Owl Banana Ham ko nahi. Samja Kya. :troll:
 
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If you piss off muricans you are doing the right thing
Actually lot of amreicunt butthurt comes from these hard hitting facts .
  1. Population 4.2 million as of 2016, almost the same as jewish amrecunt population. Major concentrations are in ca ,nj, tx, il, nc, ga, oh, pa, ny & fl.
  2. Highest median household income of all ethnic demographics at 120k - 140k vs 67k .
  3. Highest Education among all americunts combined(67% have Bachelor’s degree or more as compared to 28% nationally).
  4. 60% penetration in professional jobs.
  5. Least dependent on americunt oligarchy .
  6. Highest Contributors to Charities.
  7. Over 500,000 Hindus own businesses there, employing more than 1,500,000 workers and producing over $200 billion in products and services
  8. Highest ratio of entrepreneurs .
  9. Huge nexus of businesses that creating over 125k jobs in amreeka.
  10. Highest proportion of managers.
  11. Hindus pay almost 50 billion dollars per year in total taxes.
 

Edinburgh

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In A First, Concor To Start Using Made-In-India Containers As It Seeks To Cut Reliance On Chinese Imports
State run Container Corporation of India (Concor) will start the process to manufacture its containers in India, which will result in a lower reliance on Chinese imports, Financial Express has reported.
I checked the data. It's hard. China produces 96% of the world's containers,Production of 4.25 million containers per year🤢
 

Haldilal

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