[ad_1] By Sankalp Phartiyal Apple Inc.’s main supplier, Foxconn Technology Group, plans to increase its investments to more than $1.2 billion in southern India’s Karnataka state […]
Foxconn’s change of heart on semiconductor factory a warning to India
[ad_1] By Mihir Sharma India has grand plans to become an electronics manufacturing hub. Given that level of ambition, we need to be prepared for setbacks […]
Amid tepid utilisation of funds, govt to review PLI scheme on Tuesday
[ad_1] The Centre on Tuesday will review its ambitious production-linked incentive (PLI) scheme to sort out teething issues faced by beneficiaries of the scheme, and the focus […]
Fitch raises India’s GDP forecast to 6.3% for current fiscal year
[ad_1] Fitch Ratings on Thursday raised its forecast for India’s economic growth to 6.3 per cent for current fiscal year 2023-24 from 6 per cent it had […]
India seen as major beneficiary as supply chains migrate from China
[ad_1] More global companies are taking supply chain diversification seriously. Companies are increasingly highlighting the benefits of ‘friend-shoring’ their supply chains in order to better insulate from […]
Retail inflation eases to 4.25% in May; April IIP rises sharply to 4.2%
[ad_1] India’s consumer price index (CPI)-based inflation fell to 4.25 per cent in May, data from the Ministry of Statistics and Programme Implementation (MoSPI) showed on Monday. In […]
Private sector investment set to witness significant increase: R Dinesh
[ad_1] Private sector investment is set to witness a significant increase, as capacity utilisation in several key sectors has already crossed 80 per cent and economic growth […]
Vedanta-Foxconn setback shows cracks in Modi’s $24 bn manufacturing push
[ad_1] By Andy Mukherjee A $10 billion push to make semiconductors in India is on shaky ground. Its collapse will expose a major fault line in […]
India of 2023 is different from what it was in 2013: Morgan Stanley
[ad_1] India has witnessed a significant transformation in several areas since 2014 and will emerge as a key driver for Asian and global growth, says a Morgan […]