Newly Sanctioned India Railway Projects Expected to Boost Connectivity, Improve Logistics
In an effort to lower logistical costs and improve nationwide connectivity, India’s Union Cabinet of Economic Affairs has approved eight new railway line projects.
Record Turnover for India’s Auto Component Industry: Details Here
India’s automotive component industry reached a record turnover of INR 6.14 trillion (US$73.1 billion) in FY 2023-24. The government has identified 28 key components for indigenization under its ‘localization roadmap’ to support the ‘Make in India’ initiative.
Eight National Highway Projects Sanctioned, Expected to Boost India’s Connectivity
India has approved eight national high-speed road projects totaling 936 km, investing INR 506.55 billion (US$6.03 billion) to improve logistics efficiency and connectivity.
India’s Telecom Sector: Market Outlook and Regulatory Landscape
With a subscriber base of 1.20 billion, India’s telecom sector benefits from having the world’s second largest market, besides government support for technological innovation, infrastructure development, and equipment manufacturing.
Toyota Proposes Greenfield Investment in Maharashtra, Part of Diversification Strategy in India
Toyota Kirloskar Motor (TKM) plans to set up a new manufacturing plant in Maharashtra, marking a key step in expanding its presence in India.
India’s Global Capability Centers Market Estimated to Reach US$110 Billion by 2030
India’s market for global capability centers (GCCs), also known as global in-house captives or GICs, is thriving, with a projected CAGR of 14 percent for the period from 2023 to 2030. We discuss India’s key appeal.
India to Fund AI Computing Infrastructure with 10,000 GPUs
At the INDIAai Summit 2024, Union Minister of Electronics and IT, Ashwini Vaishnaw said the country will invest in an AI computing infrastructure with at least 10,000 graphics processing units.
Hyundai India’s Strategic IPO Entry to Strengthen Position in the Domestic EV Market
Hyundai India’s IPO listing is anticipated to be the largest ever in the Indian market, valued at US$2.9 billion. Investment banks like Citi, JP Morgan, HSBC, Morgan Stanley, and Kotak are advising Hyundai on the IPO entry.