India Economy Thread

harpy1 said:
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Mumbai will rank as the financial hub of Asia next decade or so equal to Shanghai

Or at least this is what India is striving for
Click to expand...

Bhakts embarrass India.
 
@ST1976 , this is the military weapons side of make in India.

If you want to post civilian stuff, best post that in Indian economy thread (also pinned) in south asia affairs section.
 
Nilgiri said:
@ST1976 , this is the military weapons side of make in India.

If you want to post civilian stuff, best post that in Indian economy thread (also pinned) in south asia affairs section.
Click to expand...

i was running another thread but that thread is merged to this thread....
 
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WHO WE ARE​

Power Grid Corporation of India Limited (POWERGRID), is a Schedule ‘A’, ‘Maharatna’ Public Sector Enterprise of Govt. of India which was incorporated on 23rd Oct 1989 under the Company Act, 1956. POWERGRID is a listed Company, with 51.34% holding of Government of India and the balance is held by Institutional Investors and public.
  • India’s largest Electric Power Transmission Utility
  • Listed Company since 2007
  • Consistently rated “Excellent” under Memorandum of Understanding with Ministry of Power since 1993-94

Firsts in POWERGRID​

POWERGRID has been a leader in Indian Power Transmission Sector in terms of adoption of latest State of the art for improved operational efficiency of transmission assets. Since its inception, it has focused on integration of upgraded technologies in Power Transmission. Major operational highlights during its journey has been

Transmission​

SOCIAL RESPONSIBILITY (CSR)

POWERGRID, a transmission licensee, takes continuous action for operation and maintenance of its transmission assets to ensure compliance with prescribed standards as well as to achieve high availability

banner-bg1_0[1].jpg

Company Overview | POWERGRID

WHO WE ARE Power Grid Corporation of India Limited (POWERGRID), is a Schedule ‘A’, ‘Maharatna’ Public Sector Enterprise of Govt. of India which was incorporated on 23rd Oct 1989 under the Company Act, 1956. POWERGRID is a listed Company, with 51.34% holding of Government of India and the balance...
www.powergrid.in www.powergrid.in

WHO WE ARE​

Power Grid Corporation of India Limited (POWERGRID), is a Schedule ‘A’, ‘Maharatna’ Public Sector Enterprise of Govt. of India which was incorporated on 23rd Oct 1989 under the Company Act, 1956. POWERGRID is a listed Company, with 51.34% holding of Government of India and the balance is held by Institutional Investors and public.
  • India’s largest Electric Power Transmission Utility
  • Listed Company since 2007
  • Consistently rated “Excellent” under Memorandum of Understanding with Ministry of Power since 1993-94
  • Credit Rating
International Ratings (consistent with Gol's Sovereign rating)Standard & Poor's - BBB+ (Outlook-Stable)
Fitch - BBB- (Outlook-Stable)
Moody’s – Baa3 - (Outlook-Stable)
DomesticCRISIL - CRISIL AAA/Stable (Highest Safety)
ICRA - [ICRA] AAA/Stable (Highest Safety)
CARE - CARE AAA (Highest Safety/Lowest Credit Risk)

who-we-are-img[1].jpg


NATIONAL TRANSMISSION DOMINANCE

NATIONAL TRANSMISSION DOMINANCE​

  • Operates ≍ 86% of Inter-Regional networks
  • NTAMC, Manesar / RTAMC carrying out management of company's operating assets through State of Art Technology

What We Do​

POWERGRID is mainly engaged in the business of transmission of power through its EHVAC/HVDC transmission network. The company has diversified into telecom business by leveraging its Pan India transmission network through stringing of optical ground wire(OPGW).POWERGRID has provided/providing consultancy services to domestic and international clients by leveraging its capability and experience in the field of power transmission, sub transmission, distribution management, load dispatch & communication etc.
TRANSMISSION EHV / HV NETWORKS

TRANSMISSION​

  • Transmission System for CGS, IPPs, UMPPs and Renewable Energy Integration
  • Green Energy Corridors
  • Transmission Scheme for Ultra Mega Solar Power Parks
  • Grid strengthening schemes
  • Inter-state, Intra-state, Inter-regional links
  • High Capacity Transmission Corridors
  • Strengthening International links with neighboring countries
TELECOM


Company Overview | POWERGRID

WHO WE ARE Power Grid Corporation of India Limited (POWERGRID), is a Schedule ‘A’, ‘Maharatna’ Public Sector Enterprise of Govt. of India which was incorporated on 23rd Oct 1989 under the Company Act, 1956. POWERGRID is a listed Company, with 51.34% holding of Government of India and the balance...
www.powergrid.in www.powergrid.in
 
ongcLogo[1].jpg

E&P company in India


ONGC is one of the largest E&P Company in India with in-house service capabilities in all the activity areas of exploration and production of oil & gas and related oil-field services. The state-of-the-art technologies inducted and absorbed over the years such as depth domain processing, stratigraphic inversion, advanced volume based interpretation tools, stochastic lithofacies modeling using neural network, spectral decomposition, geo-statistical modeling, etc.

“Dedicated to excellence by leveraging competitive advantages in R&D and technology with involved people” – Mission of ONGC

We lead in Oil and Gas Technology and are Best Energy Company to Work in India - en - ongcindia.com

We are the pioneers in Oil and Gas Technology and are Best Energy Company to Work in India and we help the nation secure its precious energy resources.
ongcindia.com ongcindia.com


India’s ONGC gears up for ‘record’ 103-well drilling campaign​

Rejuvenation of prolific offshore asset part of larger effort to extend the lives of mature fields and reduce dependence on imports

Drilling campaign: an ONGC platform complex off India’s west coast.
Drilling campaign: an ONGC platform complex off India’s west coast.

India’s ONGC gears up for ‘record’ 103-well drilling campaign | Upstream

Rejuvenation of prolific offshore asset part of larger effort to extend the lives of mature fields and reduce dependence on imports
www.upstreamonline.com www.upstreamonline.com

oil and natural gas

The oil and gas sector plays a vital role in influencing decision making for all the other important sections of the economy as it is among the eight core industries in India.

The need for oil and gas is projected to grow more in the near future, thereby making the sector quite conducive for investment. To fulfill the increasing demand, government of India has adopted several policies. The government has allowed 100 per cent Foreign Direct Investment (FDI) in many segments of the sector, including natural gas, petroleum products, and refineries, among others.

The reports states that India had 4.5 thousand million barrels of proven oil reserves at the end of 2018 and produced 39.5 million tons in 2018. As of 1 April 2019, India had a network of 10,419 km of crude pipeline having a capacity of 145.6 MMTPA.


ONGC in talks to buy 26% stake in IOC's Ennore LNG terminal​

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economictimes.indiatimes.com

ONGC in talks to buy 26% stake in IOC's Ennore LNG terminal

ONGC is in talks to buy a 26 per cent stake in Indian Oil Corp's Rs 4,320 crore liquefied natural gas (LNG) import plant at Ennore in Tamil Nadu.
economictimes.indiatimes.com economictimes.indiatimes.com


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Photo from ONGC Petro additions Ltd.

ONGC petrochemical operations in India.

ONGC petrochemical operations in India.

Oil and Natural Gas Corp. Ltd.’s (ONGC) board has approved an investment of more than $1 billion to build new petrochemical complexes in India as part of the operator’s plan to increase production capacity of its existing petrochemicals portfolio.

Amid projections of a continued waning demand for crude-oil based transportation fuels, ONGC’s board has greenlighted a plan to invest about 1 trillion rupees ($1.2 billion) by 2028 or 2030 on two projects involving construction of two grassroots petrochemical complexes, each of which would be sited in separate Indian states, the operator said in its Nov. 15 quarterly earnings call with investors.

www.ogj.com

ONGC proposes two grassroots petrochemical complexes for India

Oil and Natural Gas Corp. approved an investment of more than $1 billion to build new petrochemical complexes in India.
www.ogj.com www.ogj.com
 
economictimes.indiatimes.com

Tokyo Electron prepares India expansion as Modi lures chipmakers

Tokyo Electron Ltd. plans to hire and train chip engineers in India by 2026, aligning with the Modi government's push for semiconductor manufacturing. The company will support Tata Electronics and expects global chip demand to double by 2030. Tokyo Electron aims to expand its market share amid...
economictimes.indiatimes.com economictimes.indiatimes.com
 
Kaleem.61 said:
Huawei has received 5 million pre-orders for its Tri-Fold phone, priced at $2800—essentially the cost of three iPhone 16 Pros. While impressive, it's a price I can't personally justify. I've never spent more than $400 on a phone, and currently, my midrange device costs less than $200, and it meets all my needs.


Why do I need a phone?

For calls, WhatsApp, navigation, and the occasional photo. My Xiaomi Redmi Note 12 does all of that perfectly. So, I don't feel the need for a high-end device.


Ultimately, a phone should serve your needs. If you believe only an iPhone or a premium device fulfills those needs, then that's the right choice for you.
Click to expand...
In an interview with Mr. Ren Zhengfei, the founder of Huawei, on official Chinese television, he answered the question of the price of Huawei's cell phones.

Huawei's cell phones have a high premium and have plenty of room for price cuts, but Huawei will not cut prices. Huawei focuses on the high-end market. If Huawei's high-end cell phone price cuts, it will seriously impact the market share of other Chinese cell phone manufacturers. Xiaomi, OPPO, VIVO and other companies will find it difficult to survive.


One very big cost for cell phone makers is royalties. Huawei, on the other hand, does not have to pay any patent costs after the patent exchange. This gives it a huge cost advantage in the Chinese market. If it sells its products at a lower premium, it will be devastating to other Chinese manufacturers.
Huawei has the Nova series for the low-end and mid-range market, but it's not his main focus. If you want to experience Huawei phones but don't want to spend too much money, you can buy Nova series phones.
 
Michael said:
In an interview with Mr. Ren Zhengfei, the founder of Huawei, on official Chinese television, he answered the question of the price of Huawei's cell phones.

Huawei's cell phones have a high premium and have plenty of room for price cuts, but Huawei will not cut prices. Huawei focuses on the high-end market. If Huawei's high-end cell phone price cuts, it will seriously impact the market share of other Chinese cell phone manufacturers. Xiaomi, OPPO, VIVO and other companies will find it difficult to survive.


One very big cost for cell phone makers is royalties. Huawei, on the other hand, does not have to pay any patent costs after the patent exchange. This gives it a huge cost advantage in the Chinese market. If it sells its products at a lower premium, it will be devastating to other Chinese manufacturers.
Huawei has the Nova series for the low-end and mid-range market, but it's not his main focus. If you want to experience Huawei phones but don't want to spend too much money, you can buy Nova series phones.
Click to expand...
Does Apple have to pay Huawei any royalties ?
 
nahtanbob said:
Does Apple have to pay Huawei any royalties ?
Click to expand...
There is a patent exchange agreement between Apple and Huawei. According to published reports, Apple does have to pay royalties to Huawei, but the exact amount has not been released.

Huawei has the most patents on 5G communication technology. All 5G communication equipment manufacturers in the world are required to pay royalties to Huawei. However, the royalties charged by Huawei are relatively low, much lower than the 4G royalties charged by Ericsson. Meanwhile, Huawei has adopted patent swap agreements with some companies.
Therefore, Huawei does not rely on royalties to make profits.
 
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Michael said:
There is a patent exchange agreement between Apple and Huawei. According to published reports, Apple does have to pay royalties to Huawei, but the exact amount has not been released.

Huawei has the most patents on 5G communication technology. All 5G communication equipment manufacturers in the world are required to pay royalties to Huawei. However, the royalties charged by Huawei are relatively low, much lower than the 4G royalties charged by Ericsson. Meanwhile, Huawei has adopted patent swap agreements with some companies.
Therefore, Huawei does not rely on royalties to make profits.
Click to expand...

I see articles where Huawei asked for royalties. I do not see any where Apple paid them. Huawei would be hard pressed to build a high end smartphone without infringing on Apple's patents.
 
nahtanbob said:
I see articles where Huawei asked for royalties. I do not see any where Apple paid them. Huawei would be hard pressed to build a high end smartphone without infringing on Apple's patents.
Click to expand...
According to the licensing record registration information published by the State Intellectual Property Office of China, Huawei licensed 769 patents to Apple and Apple licensed 98 patents to Huawei. You can check these filings at the State Intellectual Property Office.
The two sides signed a patent exchange agreement, after the patent exchange, Apple to Huawei to pay the patent license fee, but did not publish specific figures. According to the assessment of communications industry professionals, Apple pays Huawei about 60~80 million U.S. dollars per year in patent license fees (please note that this is an assessment of the cost).

In fact, in the field of communications, Apple owns not a lot of core patents. The communications field has the most core patents: Qualcomm, Ericsson, Nokia, Huawei, Motorola, Broadcom and other traditional communications companies. Currently in terms of patent license fees, the highest income is Ericsson.

Huawei has the most patents in 5G. However, Huawei's patent license fees are very low, and it does not rely on patent license fees as the company's main income, but more for exchanging patents. According to Huawei's financial statements, the net income from patent license fees is about 10 billion RMB. This number is negligible compared to Huawei's revenue.

In the field of communication nowadays, Huawei can't do without these patents, but the world can't do without Huawei either. Therefore, even if the U.S. government strongly suppresses Huawei, these companies still have to exchange patents with Huawei.
 
Michael said:
According to the licensing record registration information published by the State Intellectual Property Office of China, Huawei licensed 769 patents to Apple and Apple licensed 98 patents to Huawei. You can check these filings at the State Intellectual Property Office.
The two sides signed a patent exchange agreement, after the patent exchange, Apple to Huawei to pay the patent license fee, but did not publish specific figures. According to the assessment of communications industry professionals, Apple pays Huawei about 60~80 million U.S. dollars per year in patent license fees (please note that this is an assessment of the cost).

In fact, in the field of communications, Apple owns not a lot of core patents. The communications field has the most core patents: Qualcomm, Ericsson, Nokia, Huawei, Motorola, Broadcom and other traditional communications companies. Currently in terms of patent license fees, the highest income is Ericsson.

Huawei has the most patents in 5G. However, Huawei's patent license fees are very low, and it does not rely on patent license fees as the company's main income, but more for exchanging patents. According to Huawei's financial statements, the net income from patent license fees is about 10 billion RMB. This number is negligible compared to Huawei's revenue.

In the field of communication nowadays, Huawei can't do without these patents, but the world can't do without Huawei either. Therefore, even if the U.S. government strongly suppresses Huawei, these companies still have to exchange patents with Huawei.
Click to expand...

Sometimes Cross licensing means neither side gets paid. $60-80 million for 180 million handsets is $0.33 per handset
 
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