Indian Economy-News & Updates

[etylo]

@bluesky @Bilal9 @Black Tornado @Cheepek @Skull and Bones @etylo @Beast @beijingwalker @VkdIndian @Abu Shaleh Rumi

Exclusive: Apple supplier Foxconn plans to quadruple workforce at India plant

Apple supplier Foxconn plans to quadruple the workforce at its iPhone factory in India over two years, two government officials with knowledge of the matter said, pointing to a production adjustment as it faces disruptions in China.

www.reuters.com

Pegatron steps up new plant construction in India

Pegatron has stepped up the construction of its new plant in India at the request of customers, according to company chairman TH Tung.

www.digitimes.com

Good for India. Hope your gov wont rob them of as Xiaomi.

Don’t quote @etylo. Just wait for some cow piss and dung coming your way.

You are the one always want to get into cow things.

 

[VkdIndian]

You are the one always want to get into cow things.

This must be your first post where you didn’t use the second word that you associate with “cow”.

Good to see the progress. Try and keep up the good work.

As far as Xiaomi goes, they are facing the music for trying to rob India by evading taxes and associated malpractices.

If they are unhappy then they have the choice of going to courts. Unlike China, the trials in India aren’t rigged. They will get a fair trial.

If they are sure to loose, which is the likely case, then they have the choice to leave.

Xiaomi’s next move will indicate, what they did.

 

[etylo]

This must be your first post where you didn’t use the second word that you associate with “cow”.

Good to see the progress. Try and keep up the good work.

As far as Xiaomi goes, they are facing the music for trying to rob India by evading taxes and associated malpractices.

If they are unhappy then they have the choice of going to courts. Unlike China, the trials in India aren’t rigged. They will get a fair trial.

If they are sure to loose, which is the likely case, then they have the choice to leave.

Xiaomi’s next move will indicate, what they did.

People have full confidence in Indian justice, lol, dont have to advtz.

 

[VkdIndian]

People have full confidence in Indian justice, lol, dont have to advtz.

You agree with me?
Finally.

Good to see that.

 

[etylo]

You agree with me?
Finally.

Good to see that.

Dont flatter yourself.

 

[walterbibikow]

India’s Economic Ascendance May Happen This Time

China’s economy zoomed past India back in the early 1990s, when (as we outlined last week) it was following the initial chapters of the high-growth playbook. Now, just as China is running into major headwinds, India has the chance to emerge as a new dynamo.

www.bloomberg.com

Samsung plans to invest Rs 400 crore at its Tamil Nadu Facility

Samsung to start manufacturing 5G and 4G radio equipment at Kanchipuram.

m.economictimes.com

 

[walterbibikow]

@SSBN81 @Hellfire2006 @Skull and Bones

Forex Reserves Stand at $561.2 Billion as on December 2. The Size of Our Forex Reserves is ... - Latest Tweet by ANI | 📰 LatestLY

The latest Tweet by ANI states, 'Forex reserves stand at $561.2 billion as on December 2. The size of our forex reserves is comfortable and has increased: Reserve Bank of India Governor Shaktikanta Das' 📰 Forex Reserves Stand at $561.2 Billion as on December 2. The Size of Our Forex Reserves is...

www.latestly.com

 

[Hellfire2006]

@SSBN81 @Hellfire2006 @Skull and Bones

Forex Reserves Stand at $561.2 Billion as on December 2. The Size of Our Forex Reserves is ... - Latest Tweet by ANI | 📰 LatestLY

The latest Tweet by ANI states, 'Forex reserves stand at $561.2 billion as on December 2. The size of our forex reserves is comfortable and has increased: Reserve Bank of India Governor Shaktikanta Das' 📰 Forex Reserves Stand at $561.2 Billion as on December 2. The Size of Our Forex Reserves is...

www.latestly.com

Forex reserves are in a relaxed position thanks to the record inflow of remmitances in this fiscal year

 

[walterbibikow]

Forex reserves are in a relaxed position thanks to the record inflow of remmitances in this fiscal year

Foreign investors upgrade India as dedicated allocation in investment portfolios

"Investment is flowing into India's Growth Story. We see investments being redirected as FPIs reposition their dollars amidst uncertainties in China," Jatia told PTI on the sidelines of FIA Asia 2022.

m.economictimes.com

 

[Skull and Bones]

@SSBN81 @Hellfire2006 @Skull and Bones

Forex Reserves Stand at $561.2 Billion as on December 2. The Size of Our Forex Reserves is ... - Latest Tweet by ANI | 📰 LatestLY

The latest Tweet by ANI states, 'Forex reserves stand at $561.2 billion as on December 2. The size of our forex reserves is comfortable and has increased: Reserve Bank of India Governor Shaktikanta Das' 📰 Forex Reserves Stand at $561.2 Billion as on December 2. The Size of Our Forex Reserves is...

www.latestly.com

Good stuffs.

 

[walterbibikow]

Adani Solar begins manufacturing large sized monocrystalline silicon ingots

Inaugurated by Gautam Adani at its Mundra facility recently, the monocrystalline ingots will drive indigenisation to produce renewable electricity from silicon-based PV (photovoltaic) modules with efficiencies ranging from 21% to 245, the company said in a press statement.

m.economictimes.com

 

[walterbibikow]

Acma: Auto Parts Industry Up 35% In H1 At $34 Billion | Chennai News - Times of India

The Indian auto component industry has seen a turnover of nearly $34 billion in the first half of fiscal 2022-23, up nearly $35 over the same period l

www.google.com

 

[walterbibikow]

@Skull and Bones @Hellfire2006 @VkdIndian @Raj-Hindustani @Paitoo

https://www.google.com/amp/s/www.financialexpress.com/express-mobility/proposed-investments-under-pli-scheme-in-auto-overshoot-target-estimate/2930572/lite/

India's auto component industry's great chance to be factory to the world

India is the third largest automotive market and is expected to lead the rebound in passenger vehicle sales.

www.google.com

XUV 700 bags no less than 1 100 pre-orders | Roodepoort Record

Good marketing is about creating demand and then offering an incentive as a reward to encourage pre-orders. Mahindra did this brilliantly!

www.google.com

South African Vlogger Impressed with Made in India Mahindra XUV700 » Car Blog India

Mahindra launched the XUV700 in South Africa a few weeks ago and the reviews are pouring in. It is offered in three trims - AX5, AX7 and AX7L. It comes with a 2.0-litre turbo petrol engine making 149 kW and 380 Nm. South African vlogger reviews the recently launched Mahindra XUV700. Mahindra is...

www.google.com

 

[Skull and Bones]

Mahindra makes amazing cars, the new Scorpio N looks badass.

 

[Raj-Hindustani]

Mahindra makes amazing cars, the new Scorpio N looks badass.

I am going to book TATA Nexon...