Indian Economy: News and Discussion

Haldilal

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Ya'll Nibbiars The Tata Steel Limited TSL, one of the top global steel companies, has finally begun work to set up a new 0.75 MTPA electric arc furnace EAF based steel making shop with rebar mill in Ludhiana district. The Capital eexpenditurs of 2,600 crore rupees in Phase I and 115 acres land parcel for 165 crores alloteds, the Employment: 2,500.

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2023_1$largeimg_1078176302.jpg
 

FalconSlayers

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Cheepek

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A growing trend, companies will split production lines. Chinese production line to cater to Chinese demand, and the +1 production line to cater to others.

If we miss this opportunity this time, we'll be fcked for good.

 

Haldilal

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Ya'll Nibbiars








 
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karn

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. If announcements of new manufacturing projects are factored in, manufacturing’s share of total capex was 49% in 2021-22, up from 16% in pre-Covid 2019-20, according to the report.
 

NutCracker

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Good, more hands at work, only a dumbfool believes that you can grow manufacturing sector without govt supported Capex investment.
People including Raguram Rajan try to correlate it with IT sector, but be it manufacturing or IT, It always favours the early bird. If one wants to catch up the missed gravy train it requires substantial effort.
 

Haldilal

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Ya'll Nibbiars What will be in the Budget.

1 . Hydropower.

2 . Digital finance reviews.

3 . M&A initiatives.

4 . Merchant Discount Rates relaxeds.

5 . Web Portal support.

6 . Digital syncopation frameworks.

7 . LPG still will increase.

8 . High Increase in Freebies.

9 . New initiatives for farmers.

10 . ICEA for rationalisation of duties on parts, components of mobile phones, sub-assemblies.

11 . E Visa Waiver for the Tourist.

12 . Inferase in Fertilizers subsides.
 
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Spindrift

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Ya'll Nibbiars What will be in the Budget.

1 . Hydropower.

2 . Digital finance reviews.

3 . M&A initiatives.

4 . Merchant Discount Rates relaxeds.

5 . Web Portal support.

6 . Digital syncopation frameworks.

7 . LPG still will increase.

8 . High Increase in Freebies.

9 . New initiatives for farmers.

10 . ICEA for rationalisation of duties on parts, components of mobile phones, sub-assemblies.

11 . E Visa Waiver for the Tourist.

12 . Inferase in Fertilizers subsides.
So, basically baba ji ka thullu for the middle classes
 

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