Indian Economy - Next Chapter

karkal · Nov 25, 2021

India could be in for a very prolonged capex cycle for next 10 years: Pankaj Murarka

“After a very long period of time, I see a very high level of business confidence amongst corporate CEOs and they sound very optimistic on the outlook for their business over the next two to three years.”

economictimes.indiatimes.com

‘India’s capex cycle this time seems sustainable’

I am very excited about the opportunity India offers over the next 3-5 years given a resilient economy and a business-friendly govt, says Sanjay Singh, CEO, BNP Paribas India

www.livemint.com

India Capex cycle ready to boom; Here’s where you can invest to cash in on this revival

We believe India’s infrastructure/capital spending theme is making a comeback after ten years of muted performance, led by expected pickup in government and private spending.

www.financialexpress.com

karkal · Nov 25, 2021

Tamil Nadu signs 59 MoUs for over Rs 35K crore investments

The major companies that signed the MoUs include Dalmia Bharat Green Vision, Adani Enterprises, Larsen & Toubro, TVS Motors, Ultratech Cement, Nxtra by Airtel phase-2, Hindustan Unilever at the Investors Conclave organised by the Industries Department in Coimbatore and presided over by chief...

www.financialexpress.com

EV Charging Point: Magenta to invest Rs 250 cr for setting up manufacturing unit in Tamil Nadu, Auto News, ET Auto

EV Charging Point: Magenta has signed a memorandum of understanding (MoU) with the state government at the Tamil Nadu Investment Conclave 2021 held in Coimbatore to invest in building the EV charging infrastructure in the state, it added.

auto.economictimes.indiatimes.com

https://twitter.com/i/web/status/1463771028719476736

karkal · Nov 25, 2021

Jewar airport to be Asia’s biggest: Scindia

Union minister of civil aviation Jyotiraditya Scindia said Jewar airport will be the 10th airport to be built in Uttar Pradesh in the last seven years. Prime Minister Narendra Modi will lay the foundation stone of the airport on Thursday

www.hindustantimes.com

BDL’s new unit at Jhansi to make missile propulsion systems

The systems will be used in anti-tank guided missiles and futuristic missiles

www.thehindu.com

nikku · Nov 25, 2021

‘Global trends will give a fillip to Hubballi valve industry’

Major global players have shifted their focus to India, says trade body; Hubballi sells, exports valves worth ₹1,000 cr. per annum

www.thehindu.com

Karnataka’s ‘Chota Mumbai’ Hubballi has emerged as a key hub for all kinds of valves and related accessories and started contributing significantly to domestic and exports markets.

The city’s valve ecosystem currently has over 200 valves and valve accessories (pumps, actuators, instruments, products, and other services meant for the valve industry) manufacturers that employ over 20,000 people and clock an annual turnover of over ₹1,000 crore with exports accounting for over 50% of that. These firms comprise micro, small, medium enterprises and also MNC players such as Trillium Floor Technologies and Flowserve Corporation.

karkal · Nov 25, 2021

Green Hydrogen : India to soon launch scheme to boost R&D of electrolysers, Energy News, ET EnergyWorld

Green Hydrogen: An electrolyser is a system that uses electricity to break water into hydrogen and oxygen in a process called electrolysis.

energy.economictimes.indiatimes.com

Indian Government to Grant Funding of Over ₹2000 Crores to Weather and Climate R&D | The Weather Channel

The scheme will provide improved weather, climate, ocean forecast and services, and other hazard-related services, ensuring the transfer of commensurate benefits to the end-users as per one of the Ministry of Earth Sciences mandates. - Articles from The Weather Channel | weather.com

weather.com

karkal · Nov 25, 2021

Tata group to set up solar plant worth Rs 3,000 crore in Tamil Nadu: Report

The Tamil Nadu Generation and Distribution Corporation (Tangedco) has a target of generating around 25 GW of renewable energy by the year 2030. This will include a 20 GW solar project, a 3 GW hydroelectric project, and 2 GW of gas-based energy units.

www.moneycontrol.com

Tamil Nadu signs MoUs with companies to set up data centres worth ₹9,000 crore

Chennai, with its strategic location and access to cable landing stations, has the potential to become a regional data centre hub for South Asia

www.thehindubusinessline.com

L&T signs pact with Tamil Nadu govt to build data centre at Kanchipuram

L&T will establish hyperscale data centres at Kanchipuram to provide comprehensive solutions and end to end data centre services

economictimes.indiatimes.com

karkal · Nov 25, 2021

India seeks to block most cryptocurrencies in new bill, government says

India is looking to bar most private cryptocurrencies when it introduces a new bill to regulate virtual currencies in the winter session of Parliament, the government said late on Tuesday.

www.reuters.com

Most existing cryptocurrencies won't survive, says Raghuram Rajan

'If things have value only because they will be pricier down the line, that’s a bubble… A lot of cryptos have value only because there is a greater fool out there willing to buy.'

www.moneycontrol.com

karkal · Nov 25, 2021

TN has leveraged investments for setting up three large petrochemical projects, says Minister

Industries Minister Thangam Thennarasu said these projects would ensure supply of all required feedstock to strengthen and position the State as a petrochemical investment destination

www.thehindu.com

Agri value chain enabler Samunnati appoints bankers for $100 mn growth fundraise

The Chennai-based company has mandated Kotak Investment Banking and InCred MAPE to raise $100 million Series E round, Anilkumar SG, Founder and CEO of Samunnati told Business Today.

www.businesstoday.in

raghu487 · Nov 25, 2021

https://twitter.com/i/web/status/1463356462411878410

karkal · Nov 25, 2021

TVS Motor Company Signs MOU with Tamil Nadu Govt For Future Tech, Electric Vehicles

Under this MOU, TVS Motor Company will invest Rs 1200 crore in future technologies and electric vehicles in the next four years.

www.news18.com

Magenta to infuse ₹250 crore in Tamil Nadu for EV unit

Magenta will provide job opportunities to local communities within the region and create around 500

www.livemint.com

Schaeffler India Signs MoU With Tamil Nadu Government For New Plant

Under the agreement, Schaeffler India will invest over Rs. 3000 million in next four years to set-up a new greenfield manufacturing facility in Hosur, Tamil Nadu for manufacturing of transmission components and systems for Automotive and Tractor segments.

www.carandbike.com

karkal · Nov 25, 2021

https://twitter.com/i/web/status/1463869664648314880

Welspun One to build 6 warehousing projects in Tamil Nadu

The projects will be executed by Welspun One and will bring direct investments of about ₹2500 crore to the southern state

www.livemint.com

karkal · Nov 26, 2021

https://twitter.com/i/web/status/1464022999997325322

karkal · Nov 26, 2021

30K pre-orders in 14 days: Corbett creates a boom in tier 2, 3 markets

Ties up with TVS Group's Ki Mobility Solutions for after-market service

www.business-standard.com

Capsule Manufacturing in India Gets Boost with New Mega Facility by ACG

Global pharmaceutical industry supplier ACG recently announced its plans to set up Asia’s largest capsule manufacturing unit in India.

www.india-briefing.com

Puducherian · Nov 26, 2021

https://twitter.com/i/web/status/1464166455855890432

karkal · Nov 27, 2021

2021 is a watershed year for India: Kumar Mangalam Birla, Telecom News, ET Telecom

Kumar Mangalam Birla: Birla, who is also the chairman of Vodafone Idea Limited, said that the telecom sector had been tough on the company. "There are several factors where we could have done better. Just a month ago we were almost bankrupt. Now things are looking better", he said.

telecom.economictimes.indiatimes.com