India Economy Thread

[NeptunesVortex]

 

[NeptunesVortex]

Spark Minda Gets ECMS Nod for Greenfield TFT Display Unit

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Exicom Makes India’s First Liquid-cooled Charging Modules, Starts US Exports

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[NeptunesVortex]

India gets nearly Rs 5,000 crore FDI after easing rules for Chinese-linked firms

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India eyes 14-fold jump in electronic component production by FY31: Report

India eyes 14-fold jump in electronic component production by FY31: Report

India aims for USD 500 billion in electronics production by FY31. Electronic component production is projected to reach USD 150 billion, a significant increase. Mobile phone manufacturing will also grow substantially, reaching USD 159 billion by FY31. Other categories like consumer electronics...

m.economictimes.com

 

[NeptunesVortex]

 

[Vikramaditya1]

(Don't miss the glorious seething of wiggers under the tweet)

Heavy reliance on agriculture and IT software servicing has brought India to this point. Certainly this next couple of years will see a shock to both sectors.

They do still have one major export left that they can and will fall back on - Indians.

I hear such funny takes since AI came into being (mostly hopium and copium) Meanwhile Indian IT firms are signing billion dollar deals left and right. For TCS alone this year they signed $1B with Porsche, $800 million with SKF, $600 mil with Tryg Norway. This is one firm then there is Wipro, HCL, Infosys et al who signed multibillion dollar deals.