Indian Economy: News and Discussion

[karn]

Nice.
I know nibbas that have built Rakutens entire web infrastructure.

 

[FalconSlayers]

Taiwanese fab major PSMC looking to set up semiconductor plant in India

Taiwanese fab major PSMC looking to set up semiconductor plant in India

PSMC is one among several global fab companies interested in taking advantage of the government's incentives to set up semiconductor units in the country.

www.business-standard.com

 

[Suryavanshi]

Sharp increase

How many of them are Totos?

 

[Arjun Mk1A]

Taiwanese fab major PSMC looking to set up semiconductor plant in India

Taiwanese fab major PSMC looking to set up semiconductor plant in India

PSMC is one among several global fab companies interested in taking advantage of the government's incentives to set up semiconductor units in the country.

www.business-standard.com

When I checked in Google I got this - Pramukhswami Medical College - Karamsad.

But looks like they are working on DRAM, NAND etc.

 

[FalconSlayers]

When I checked in Google I got this - Pramukhswami Medical College - Karamsad.

But looks like they are working on DRAM, NAND etc.

Powerchip Semiconductor Manufacturing Corporation (PSMC), the world’s sixth-largest contract chipmaker and the third biggest in Taiwan, was part of the delegation.

Taiwanese team visits Mohali, Gujarat to identify sites for semiconductor units

An Indian government official said that New Delhi welcomes all foreign investments in line with the laws of the land and Taiwan is not an exception.

www.hindustantimes.com

 

[Suryavanshi]

 

[Jimih]

How many of them are Totos?

E-Rickshaw registration has already been stopped by SC.

 

[another_armchair]

Adani Group’s holding co’s debt doubles in FY22 despite revenue soaring

AEL’s biggest revenue vertical doubled its revenue on higher coal prices, according to a Jefferies report

www.moneycontrol.com

Looking at the figures here, Bank exposure to AEL debt seems to have reduced over the years but lets see how complex are these instruments and who are their buyers/investors.

Hope his bets pay off... we have one risk taker who could well become the poster child of tomorrow.

 

[Suryavanshi]

Adani Group’s holding co’s debt doubles in FY22 despite revenue soaring

AEL’s biggest revenue vertical doubled its revenue on higher coal prices, according to a Jefferies report

www.moneycontrol.com

View attachment 169077

Looking at the figures here, Bank exposure to AEL debt seems to have reduced over the years but lets see how complex are these instruments and who are their buyers/investors.

Hope his bets pay off... we have one risk taker who could well become the poster child of tomorrow.

He is doing what the industrialists did inn USA after wold wars, all amped by banks and the government.
The bad thing is there are not many risktakers across industries so we are betting on a single horse.
Tho business in India is not a easy thing there is multitude of red tape and politics involved, once a firm breaks the 1 billion mark it becomes a bit easier.

 

[another_armchair]

He is doing what the industrialists did inn USA after wold wars, all amped by banks and the government.
The bad thing is there are not many risktakers across industries so we are betting on a single horse.
Tho business in India is not a easy thing there is multitude of red tape and politics involved, once a firm breaks the 1 billion mark it becomes a bit easier.

His bets are spread well.

He enjoys good relations with Congress too so all this gandmasti by Congress and their bastard child AAP will vaporize if they are in the driving seat(I hope never).

Our caste, linguistic and regional diversity can be a bane. These fault lines are often exploited by vested interests but the sad thing is Govt. generally looks away and lets these monkeys run merry which in turn makes business+profit+businessman a very unwelcome entity.

Decades of socialism and a largely freeloading society needs a rude wakeup call.

 

[Butter Chicken]

Suzuki to invest 11,000 crore in Haryana to set up one of the largest passenger vehicle manufacturing facility in the world. Foundation stone to be laid by Modi on 27th August.

Suzuki also investing 7,300 crores in Gujarat to setup EV battery manufacturing. PM Modi to lay foundation on same day, 27th August.

 

[Butter Chicken]

Moscow - If Europe wants Russian Diamonds, pay in Indian Rupees. No disclosure of transactions to Western regulators.

USD banned from Moscow exchange as collateral to underwrite transactions. De-dollarization

 

[NutCracker]

We need manufacturing more than tech or software

@Crazywithmath @Physx32 @FalconSlayers
Your opinions?

Deep tech doesn't mean SW ..

It's output are tangible products that are rich in terms of intellectual property. Like ASML and it's lens/mirror manufacturers.

While we become a major player in Software and also decades of IT revolution molded governments to help this sector more efficiently.



But on the other hand manufacturing is something very few states are interested to get into it. No state government ready to give up free shit and poor kisan friendly image.



While some states are simply doing nothing.

Someone should kick on the face of Shivraj nama..

 

[FalconSlayers]

Moscow - If Europe wants Russian Diamonds, pay in Indian Rupees. No disclosure of transactions to Western regulators.

USD banned from Moscow exchange as collateral to underwrite transactions. De-dollarization

Noice, this is the way forward!

Russian diamonds are back on the market with deals being done in Indian rupees instead of US dollars, report says

After being hit with US sanctions, Russian mining giant Alrosa is back selling more than $250 million of diamonds a month, sources told Bloomberg.

www.businessinsider.in

 

[NutCracker]

When I checked in Google I got this - Pramukhswami Medical College - Karamsad.

But looks like they are working on DRAM, NAND etc.

Yes, baby steps.. DRAM , SSD ,memory cards . Then 15-20nm..

Also this will help domestic mobile manufacturers who are bullied by filthy Chingchong cartel.
Screens , NAND , RAM done ..

Processors from Taiwan numba1.

 

[Arjun Mk1A]

Adani Group’s holding co’s debt doubles in FY22 despite revenue soaring

AEL’s biggest revenue vertical doubled its revenue on higher coal prices, according to a Jefferies report

www.moneycontrol.com

View attachment 169077

Looking at the figures here, Bank exposure to AEL debt seems to have reduced over the years but lets see how complex are these instruments and who are their buyers/investors.

Hope his bets pay off... we have one risk taker who could well become the poster child of tomorrow.

He diversified his Debts, also PSU loan somewhat reduced.

But my man is literally doing every business.
Apart from eco retards I think as fast as he implements the work he will have some insane bonanza

1. Coal - Next 2 decades there will be demand for Coal as our power plants are coal based.
2. Power - Looks like he owns Thermal power plants, so no way they are going down since our energy dependency is huge in coming years.
3. Solar - If you need, Gujju man also have solar power plants. On top of that even invested in manufacturing of PV cells, thus both own use and export potential.
4. Logistics - Port - Mundra is becoming a big player in ports and in future exports and imports will increase since Gujarat is a very big manufacturing power, he will definitely attempt to get operation of Freight trains in DFCCIL. Vizhinjam will take a massive fortune for him.
5. Airports - Don't have any idea.
6. Datacenters - Need a lot of them
7. Defence - Joint ventures, Drones, MRO - Lot of potential in this field.
8. Agri - 50/50
9. Infra - Road and Metro projects are going to come for next decades and he himself bought the cement company.

This Gujju man is more like this man

 

[FalconSlayers]

As far as I know this investment will be done in Manesar city in Haryana, dunno about the location of Gujarat plant.

 

[Star screamer]

 

[HariPrasad-1]

You know your traitors.

These are the filthiest creatures of the world competing directly with Mullahs.

 

[Rajpal s]

Suzuki investment will come to kharkhoda IMT near sonipat land acquisition already done this new IMT very well connected by road and rail transport.other small and medium industries also purchasing land there.