Indian Economy: News and Discussion

Haldilal

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Ya'll Nibbiars The Phase 1 of the Tata Metaliks expansion project in Kharagpur, West Bengal has been inaugurated. The 600 crore rupees plant is one of the most advanced DI Pipe plants in India, and will employ 5,00 people.
 

Haldilal

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Ya'll Nibbiars The Phoenix Marketcity in Kolkata, the future largest mall in the city. The 10,00,000 sq. ft. leasable area in 1st phase.

FdWciMjXgAIr0nw.jpg
 
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Rex72920

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Inside India's largest furniture factory: Automation, innovation & 50% cheaper.

The Bengaluru-based “sleep and home solutions” startup, known for making low-cost, easy-to-assemble home decor, has opened its new plant in order to backward-integrate operations.

With a growth of 70% y-o-y in revenue. They are expecting 2x to 2.5x growth on top of that, on a monthly-level. The rate of production at WakeFit’s Hosur plant means the company can furnish one lakh homes per month.
Few days ago, read about the rise of Chinese made products, in the furniture sector in this forum. Seems an Indian startup is rising to the occasion.
 

Abdus Salem killed

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Inside India's largest furniture factory: Automation, innovation & 50% cheaper.

The Bengaluru-based “sleep and home solutions” startup, known for making low-cost, easy-to-assemble home decor, has opened its new plant in order to backward-integrate operations.

With a growth of 70% y-o-y in revenue. They are expecting 2x to 2.5x growth on top of that, on a monthly-level. The rate of production at WakeFit’s Hosur plant means the company can furnish one lakh homes per month.
Few days ago, read about the rise of Chinese made products, in the furniture sector in this forum. Seems an Indian startup is rising to the occasion.
Evil hindu didn't you know walton is the maker of all furnitures in the world how dare you post these lies @gslv markIII
 

xaxax

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Total car sales in India for the year 2021 was at 3.8 million unites while in China it was 27 million units in 2021. Although we have similar number of population and roughly 2 times smaller PPP GDP still the size of automobile industry is around 7 times smaller.
The mystery is easily solved by focusing on nominal GDP. China's nominal GDP is almost 6X larger than India's.


Gov in India behaves as if Car ownership is some luxury and therefore must be discouraged. We are following European model.
Europeans owns a lot of cars. Probably too many. It's only as of late that they are slowly retaking their cities away from excessive car-centric urbanism. Most cities have too many cars.
 

Haldilal

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Ya'll Nibbiars The MAGNET is a 1,200 crore rupees MSIS leade, Asian Development Bank Funded project to strengthen the horticulture value chain in Maharashtra. All agritech startups are invited to attend this session.

FdpIy6XaMAAnWGv.jpeg
 

Abdus Salem killed

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Can anyone tell me what this fk is talking about seeing this posted a lot on twitter by anti Indian Congress and paki accounts how does this affect us

 

indus

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Can anyone tell me what this fk is talking about seeing this posted a lot on twitter by anti Indian Congress and paki accounts how does this affect us

Meanwhile British Pound has been pounded to all time low against the rupee. From 104 to 87 Rs

The British pound crashed to a historical low against the US dollar on Monday. As on 26 September, one Pound sterling (GBP) was valued at ₹87.84. Six months ago, the value of the rupee against GBP was around ₹100.61
https://www.livemint.com/money/pers...idays-cheaper-for-indians-11664213476813.html
 

Haldilal

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Ya'll Nibbiars The Realized Industrial Investment by states in the last few years.

Sr No. State No. of Projects The Investment Amount

1 . Maharashtra 12,000, 39,87,000 crore rupees.

2 . Gujarat 6,700, 23,00,000 crore rupees.

3 . Andhra Pardesh 3,800, 17,50,000 crore Rupees.

4 . Karnataka 7,300, 15,00,000 crore rupees.

5 . Tamil Nadu 4,800 14,00,000 crore rupees.

6 . Telagana 4,000 11,00,000 crore rupees.

7 . Uttar Pardesh 6,400 10,95,000 crore rupees.

8 . West Bengal 4,000 10,90,000 crore rupees.

9 . Madhya Pardesh 4,800 10,50,000 crore rupees.

10 . Rajasthan 3,700 9,60,000 crore rupees.

11 . Haryana 3,000 9,00,000 crore rupees.

12 . Odisha 4,000 7,50,000 crore rupees.

13 . Chattishgarh 3,000 6,00,000 crore rupees.

14 . Delhi 3,000 5,00,000 crore rupees.

15 . Assam 2,400 4,80,000 crore rupees.

16 . Uttarakhand 2,400 4,50,000 crore rupees.

17 . Punjab 2,300 4,40,000 crore rupees.

18 . Goa 1,500 4,20,000 crore rupees.

19 . Jharkhand 3,000 3,90,000 crore rupees.

20 . Kerala 2,400 3,75,000 crore rupees.

21 . Himachal Pardesh 1,300 3,50,000 rupees.

22 . Jammu and Kashmir 1,700 3,30,000 rupees.

23 . Bihar 3,300 3,00,000 crore rupees.

24 . Tripura 1,200 1,20,000 crore rupees.

25 . Sikkim 700 1,06,000 crore rupees.

26 . Manipur 300 80,000 crore rupees.

27 . Dadar and Nagar haveli 290 68,000 rupees.

28 . Meghlaya 280 64,000 crore rupees.

29 . Nagaland 270 58,000 crore rupees.

30 . Mizoram 240 48,000 crore rupees.

31 . Anuanchal Pardesh 500 29,000 crore rupees.

32 . Pondicherry 700 28,000 crore rupees.

33 . Chandigarh 400 13,500 crore rupees.

34 . Ladakh 215 13,000 crore rupees.

35 . Andaman and Nicobar 200 11,000 crore rupees.

36 . Diu and Daman 130 7,500 crore rupees.

37 . Lakshdweep 44 4,000 crore rupees
 
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