Indian Economy: News, Updates and Discussions

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[CallSignMaverick]

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[CallSignMaverick]

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Qualcomm Set to Double India Investments: Exec - ET Auto

Qualcomm Investment Plans: Co may spend over USD 1 b in India this yr, to partner with a few chipmakers

auto.economictimes.indiatimes.com

 

[CallSignMaverick]

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[CallSignMaverick]

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[CallSignMaverick]

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[CallSignMaverick]

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[DDG-80]

India's GDP surges by 8.4% in third quarter, defying expectations

India's GDP shines in Q3, grows at 8.4%; FY24 estimate pegged at 7.6%

GDP Q3: An ET poll of 15 economists had expected the GDP to grow by 6.6 per cent in the third quarter. Forecasts varied from 6 per cent to 7.2 per cent for the quarter ended December. Meanwhile, the Reserve Bank of India (RBI) had estimated a growth rate of 6.5 per cent for the same period.

m.economictimes.com

 

[pikku]

India's GDP surges by 8.4% in third quarter, defying expectations

India's GDP shines in Q3, grows at 8.4%; FY24 estimate pegged at 7.6%

GDP Q3: An ET poll of 15 economists had expected the GDP to grow by 6.6 per cent in the third quarter. Forecasts varied from 6 per cent to 7.2 per cent for the quarter ended December. Meanwhile, the Reserve Bank of India (RBI) had estimated a growth rate of 6.5 per cent for the same period.

m.economictimes.com

@Indos We had a comparison thread in old forum and you were insisting on base effect for India's high growth numbers. Look at there numbers, we don't have base effects now.

 

[CallSignMaverick]

More or less the $11 billion Tower semiconductor fab is also getting approval, taking all semicon investments to beyond $30 billion within a year.

https://twitter.com/x/status/1763211710767497438

More to come

Micron plans to set up more chip units in India: Rajeev Chandrasekhar

The minister of state for electronics and information technology said Micron’s first investment catalysed the transition of fence-sitters willing to consider India as a serious part of their semiconductor assembly and manufacturing plans

www.livemint.com

 

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India comes full circuit: Global tech giants set sights on the country for electronics production

The critical factor to achieving Indias aspirations of being a global electronics manufacturing hub is to get the component piece right. With several key suppliers to marquee brands like Apple and Samsung setting up shop in India, some pieces of the puzzle have started fitting in. But a lot more...

economictimes.indiatimes.com

 

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Foxconn, Samsung, 3 others to get Rs 4,400+ cr under PLI

Apple's contract manufacturers in India, including Foxconn, Wistron, Pegatron, along with Samsung and Dixon Technologies, are set to receive over ₹4,400 crore in incentives for meeting targets in FY23 under the government's production-linked incentive scheme for smartphones. Rising Star (Bharat...

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