CrumblingCookie
Registered Member
14 countries in the world have a population mroe than 10 crores. The bottom two Ethiopia and Pakistan have both one thing in common,their biggest economic partner is China!!
India Economy Thread
- Thread starter indushek
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14 countries in the world have a population mroe than 10 crores. The bottom two Ethiopia and Pakistan have both one thing in common,their biggest economic partner is China!!
pikkuboss
Registered Member
It's no longer counted separately. We are talking about foreign exchange currency mostly dominated by Dollar here, wheather you have 2 different domestic currencies doesn't matter.
Beijingwalker
VIP Member
They are being counted separately, just simply check out China's number can easily see it.
China + Hong kong could always be almost 4 trillion in these years.
CrumblingCookie
Registered Member
Don't argue with him. These 50 cent trolls have no idea what they're talking about.
He has a fixed templeate from which to copy/paste. If you say anything he will post 20 propaganda photos with 8000 word essay ehich makes absolutely no sense.
DDG-80
Trusted Member
Employee buses enter the Pegatron facility near Chennai, India, March 7, 2023.
CHENNAI (Reuters) – India’s southern state of Tamil Nadu has signed investment pacts worth more than $4.39 billion with firms such as Apple suppliers Tata Electronics and Pegatron, as well as auto major Hyundai Motors, it said on Sunday.
Apple is counting on India as the next big driver of its growth as the tech giant looks to move some production away from China, with Pegatron working towards a second factory in the country, where Tata Group last year began to assemble iPhones.
Tata Electronics, a part of the Indian conglomerate, committed to invest 120.8 billion rupees for mobile phone assembly operations, the state government said during the signing of the agreements.
“The Tamil Nadu government will support investors in every way possible,” Chief Minister M. K. Stalin said at the event, adding that it sought to play a major role in India’s growth.
Pegatron, Apple’s Taiwan supplier, will also invest 10 billion rupees to expand production, the government added.
The pacts, unveiled at a meeting of global investors, are projected to generate thousands of jobs in the state.
Sunday’s deals include an agreement with JSW Energy to invest 120 billion rupees to develop renewable energy projects.
Auto major Hyundai Motors also committed 61.80 billion rupees, some of it earmarked for electric vehicle (EV) battery and car manufacturing, the government added.
On Saturday, Vietnamese EV maker VinFast agreed to set up its first manufacturing facilities in India and work toward an investment of up to $2 billion in Tamil Nadu, as more companies seek to penetrate the world’s third-largest vehicle market.
CrumblingCookie
Registered Member
WOW!!! This is an inclredible deal.
Beijingwalker
VIP Member
You are such a troll who delibrately turn a blind eye to simple fact, Hong kong's finanical reports doesn't count in mainland China's is a well known practice, only you ignorant Indians don't know or pretend to not know it. Can you guys find other non Indians who don't know this simple fact?
Reserves held correlate to imports
China level is rediculous levels
India Forex is very good too ..
Bangladesh is solid
Pakistan is poor it's awful....nation of 240 million should have much bigger gdp and multiple times bigger Forex
China level is rediculous levels
India Forex is very good too ..
Bangladesh is solid
Pakistan is poor it's awful....nation of 240 million should have much bigger gdp and multiple times bigger Forex
Vikramaditya1
Trusted Member
Build it to 1 trillion in the next 5 years, buy dollar bonds, ignore the dollar dumping propaganda it's still the most important currency and our largest export partner is the US.
TheEconomist
Registered Member
India is spending forex to buy gold. I don't really understand the logic but am sure the RBI must have a good reason for it.
RBI joins central bank gold rush, buys 9 tonnes in Jul-Sep
RBI data as of 10 November shows the total reserves at $590 billion and value of gold held at $45.5 billion or 7.7% of the total
www.livemint.com
Vikramaditya1
Trusted Member
Ah gold is more like an investment for RBI rather than reserves. The gold appreciates more than dollar or any other currency over the years. So, it is only logical for RBI to buy gold. Although it's slightly risky but it is a good long term investment plan.India is spending forex to buy gold. I don't really understand the logic but am sure the RBI must have a good reason for it.
RBI joins central bank gold rush, buys 9 tonnes in Jul-Sep
RBI data as of 10 November shows the total reserves at $590 billion and value of gold held at $45.5 billion or 7.7% of the total
nahtanbob
Banned
don't private Indian citizens accumulate gold ?India is spending forex to buy gold. I don't really understand the logic but am sure the RBI must have a good reason for it.
RBI joins central bank gold rush, buys 9 tonnes in Jul-Sep
RBI data as of 10 November shows the total reserves at $590 billion and value of gold held at $45.5 billion or 7.7% of the total
TheEconomist
Registered Member
This is only the govt owned Gold. It's not in the form of jewellery.
Indian women hold 18000 tonnes of gold, that's more than the reserves of the USA, IMF and Swiss Bank put together. 11% of world's total gold is owned by Indian women.
CallSignMaverick
Registered Member
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CallSignMaverick
Registered Member
Titan Engineering to spend Rs 220 crore to ramp up fab component unit
India is looking to create a green channel for ecommerce exports on the lines of China's cross-border ecommerce-integrated pilot zones which offer streamlined customs procedures to promote faster movement of such shipments.
Read more at:
economictimes.indiatimes.com
Qualcomm India to invest ₹177.27 cr for new design centre
www.livemint.com
timesofindia.indiatimes.com
www.businessworld.in
www.businesstoday.in
www.wirecable.in
www.linkedin.com
economictimes.indiatimes.com
www.livemint.com
India is looking to create a green channel for ecommerce exports on the lines of China's cross-border ecommerce-integrated pilot zones which offer streamlined customs procedures to promote faster movement of such shipments.
Read more at:
Green channel based on China model likely to speed up ecommerce shipments
The dedicated ecommerce export hubs will have warehousing facilities for easy storage, customs clearance, returns processing, labelling, testing and repackaging. The move is expected to aid sellers relying on online platforms, including social media such as Instagram, to sell their merchandise.
Qualcomm India to invest ₹177.27 cr for new design centre
Qualcomm India to invest ₹177.27 cr for new design centre
The facility in Chennai, which will focus on research in areas that complement wi-fi technologies, is expected to generate jobs for up to 1,600 professionals
www.livemint.com
TEAL to invest 430 crore in Hosur Chennai: Titan Engineering & Automation Limited (TEAL) | Chennai News - The Times of India
TEAL, a subsidiary of Titan Company Limited, will invest 430 crore in Hosur, Chennai. The investment will be used for wafer tab equipment manufacturing and automation and manufacturing services businesses. The move is expected to generate employment for 1,400 people. Find out more about TEAL's...
timesofindia.indiatimes.com
Apple Supplier Pegatron To Invest Rs 1,000 Cr In Tamil Nadu, Creating 8,000 Jobs
Pegatron Corporation, a major supplier to tech giant Apple, has announced an investment of Rs 1,000 crore in Tamil Nadu. The investment is targeted at establishing a computing, communications, and consumer electronics manufacturing unit, bringing with it the promise of generating employment for...
www.businessworld.in
Tata Power to invest Rs 55,000 crore on wind and solar power generation in Tamil Nadu - BusinessToday
The Tata Group firm is also setting up a solar cell and module manufacturing plant in the state
Supermac Industries Establishes New Facility at Dharuhera; Eyeing American Markets for Future - Wire & Cable India
Supermac Industries (India) Limited, set up in 1974, caters to numerous industries in the cables sector such as power, optical fibre, house wiring control cables, and medical lines.
www.wirecable.in
#chrysoindia #hyderabad #innovation #growth #constructionchemicals | CHRYSO INDIA | 13 comments
Exciting News! 🌟 SAINT-GOBAIN CONSTRUCTION CHEMICALS (CHRYSO India) unveils its 6th State-of-the-Art Manufacturing Unit at Hyderabad. The grand inauguration ceremony was graced by the presence of Esteemed Leaders: Thierry Bernard - CEO Construction Chemicals, Christophe GAUTIER - Chief HR...
www.linkedin.com
Abhinandan Lodha Group plans Rs 2,000-cr luxury hotels in Ayodhya, Benares, Vrindavan
While several hospitality chains have signed pacts for properties here, there is no operational hotel in the luxury segment in Ayodhya yet. The new temple complex in Ayodhya has led to heightened infrastructure development and economic activities in and around the city. This is expected to boost...
Honda Motorcycle commissions 650K additional production capacity in Gujarat
Nuvama's JV with Cushman & Wakefield to raise ₹3,000 crore to invest in India
The JV's first real-estate fund will invest in Grade A+ office spaces in micro markets across Bengaluru, NCR, Pune, Mumbai, Chennai and Hyderabad, which account for more than 70% of India's leasing activity.
www.livemint.com
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