India Economy Thread

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India's forex reserves see ₹54k crore boost; jump to $625 billion in March 2024

India's forex reserve has jumped by $6.55 billion to $625 billion in the week ending on March 1, announced RBI.

www.hindustantimes.com

 

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‘Make in India’: Can South Asian giant surpass China and become world’s biggest factory?

India is looking to capitalise on the shift away from China as companies diversify their global supply chains, before the window of opportunity closes.

www.straitstimes.com

 

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[CallSignMaverick]

Goldman Sachs Bets $4 Billion on India’s Growth Story​

Goldman Sachs Bets $4 Billion on India’s Growth Story

Hi, it’s Baiju Kalesh in Mumbai, speaking with executives from Goldman Sachs Asset Management about their heady plans for investment in India. Also today, skincare company Galderma is lining up what could be one of Europe’s biggest listings this year. Today's top stories

www.bloomberg.com

 

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[PoKeMon]

Welcome move.

Still remember my Engineering days when hardly there was any scope in chip fabrication and designing. Cadence and ST microelectronics were the only options, with small offices.

 

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Tata Motors signs MoU with Tamil Nadu govt for manufacturing plant; to invest Rs 9,000 crore over 5 years

Tata Motors and the Tamil Nadu Government have signed a Memorandum of Understanding (MoU) to build a vehicle manufacturing facility in the state, with an investment of Rs 9,000 crore over five years. The agreement will create 5,000 jobs and further bolster employment generation in the state. The...

economictimes.indiatimes.com

 

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[CallSignMaverick]

Welcome move.

Still remember my Engineering days when hardly there was any scope in chip fabrication and designing. Cadence and ST microelectronics were the only options, with small offices.

I used to work at Cadence in Noida
Miss those days...

 

[PoKeMon]

I used to work at Cadence in Noida
Miss those days...

Food was fantastic.

 

[DDG-80]

From an importer to net exporter of forged wheel

India set to become exporter of forged wheels used in railways: Ashwini Vaishnaw

The Integral Coach Factory here has achieved the distinction of producing over 73,700 coaches since its inception in 1955 which is the highest by any passenger coach manufacturer in the world. ICF has exported more than 875 coaches and components to Thailand, Burma, Taiwan, Zambia, Vietnam and...

economictimes.indiatimes.com

 

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Apple supplier Rayprus eyeing Bengaluru facility

The Foxconn subsidiary that makes high-quality precision camera and lens solutions is looking to set up its facility within the sprawling new Foxconn campus coming up in Bengaluru

m.economictimes.com