India Economy Thread

[DDG-80]

Any new developments on India's fire and forget ATGMS?

4th gen heli launched ATGM with an Indian MMW seeker

DRDO, IAF successfully flight-test indigenous SANT missile. Details here

The SANT missile is equipped with a state-of-the-art MMW seeker, which provides high precision strike capability from a safe distance. The weapon can neutralise targets in a range up to 10 km.

www.google.com

 

[DDG-80]

Any new developments on India's fire and forget ATGMS?

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[CallSignMaverick]

Megaproject worth more than $8 billion
13.2 MTPA steel production plant to come up at earlier failed POSCO site.
India as a whole produced 140 MTPA steel last year. That's how huge this is.

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[DDG-80]

• India’s overall exports (Merchandise and Services combined) in January 2024* is estimated to be USD 69.72 Billion, exhibiting a positive growth of 9.28 per cent over January 2023. Overall imports in January 2024* is estimated to be USD 70.46 Billion, exhibiting a positive growth of 4.15 per cent over January 2023.

India's January exports up 3%, trade deficit at a 9-month low despite Red Sea crisis

In December 2023, India's merchandise trade deficit had narrowed to just under $20 billion after exports rose marginally to $38.45 billion while imports fell by nearly 5 percent year-on-year.

www.moneycontrol.com

 

[DDG-80]

India’s Services Trade Surplus Hits Record High to $44.9 billion in the October-December quarter

India's services trade surplus reached an unprecedented $44.9 billion in the October-December quarter of FY24, marking a 16% year-on-year increase....

www.google.com

 

[DDG-80]

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[DDG-80]

E-commerce giant Amazon exports from India crossed $8 billion in 2023​

https://www.business-standard.com/companies/news/e-commerce-major-amazon-surpasses-8-billion-in-exports-from-india-in-2023-124021500966_1.html

 

[DDG-80]

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[Waz]

The largest aircraft order in history: 540 planes and $120 billionThe largest aircraft order in history: 540 planes and $120 billion​

MSN

 

[DDG-80]

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[DDG-80]

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[DDG-80]

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[DDG-80]

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[DDG-80]

The Indian tech services export revenue (excluding hardware) is expected to touch $199 billion in reported currency, a growth of 3.3 per cent compared to FY2023.

Tech industry in India hits $254 bn in revenue in FY24, adds 60K employees

The technology industry in India reached $253.9 billion in revenue with an addition of $9.3 billion incremental revenue in FY2024 (estimated), growing at 3.8 per cent from FY23, a Nasscom report said on Friday. The technology industry added 60,000 net employees in FY2024 (estimated), with a...

www.businessinsider.in

 

[DDG-80]

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