Indian Economy: News, Updates and Discussions

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

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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

 

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Global consumer product makers to step up investments in India to increase capacity

Global consumer product companies like Coca-Cola, Mondelez, and Nestle are investing heavily in India's growth story.

www.thehindubusinessline.com

 

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SLMG Beverages to invest ₹3,000 crore in 2024 to expand bottling capacity for Coca-Cola products

SLMG Beverages to invest â¹3,000 crore in 2024 to expand bottling capacity for Coca-Cola products

SLMG Beverages, which is the largest independent bottler of Coca-Cola in India and South West Asia, is planning to invest â¹3,000 crore in calendar year 2024 to expand capacity in its existing territories and towards its entry into the Bihar market.

www.thehindu.com

India Inc boosts capex cycle on brimming economic confidence

India Inc opens purse, announces big investments, and starts putting money on the table, boosting capex cycle.

www.thehindubusinessline.com

Thermax’s Plans to Invest ₹1,000 Crore in Gujarat in the Coming Year

Thermax's Plans to Invest ₹1,000 Crore in Gujarat in the Coming Year

Pune-based engineering giant Thermax is set to inject a massive ₹1,000 crore into Gujarat over the next year, marking a significant expansion in the state. Read More

www.vibesofindia.com

Dr. Reddy's Laboratories, Natco Pharma, VBL and Rockwell Industries are preparing for big ticket investment in the state.

https://indianpsu.com/up-readies-to-become-pharma-hub-4-big-companies-willing-to-invest/

MIDC in final stage of acquiring 348 hectares land at two sites in Nashik - ET RealEstate

Maharashtra Industrial Development Corporation (MIDC) is in the final stage of acquiring 348 hectares for the industries at two locations near Nashik. MIDC has set the target of acquiring land by April-end so that the work of preparing the layout and tender process for creating infrastructure...

realty.economictimes.indiatimes.com

Odisha's first vaccine manufacturing plant to start production by May

According to the Odisha chief minister's office, the plant, at full capacity, will be the biggest vaccine-producing plant in the country. It is expected to produce over 15 vaccines for various diseases, including cholera and malaria.

economictimes.indiatimes.com

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Majority of Capgemini's 2 billion euros investment in AI coming to India

https://www.business-standard.com/industry/news/majority-of-capgemini-s-2-billion-euros-investment-in-ai-coming-to-india-124022101036_1.html

 

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"If India continues to grow at the same trajectory while China iPhone shipments stay flat, India would be a bigger iPhone market than China by 2027," it added.

Apple's India revenue up 42% to $8.7 bn in 2023: Morgan Stanley | Business Insider India

Apple's revenue in India rose nearly 42 per cent (on-year) last year to $8.7 billion, foreign brokerage Morgan Stanley said in a report on Friday.

www.businessinsider.in