#makeinIndia

PM Modi inaugurates Boeing India Engineering and Technology Centre in Bengaluru, the largest such Boeing campus outside the US

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Prime Minister Narendra Modi on Friday inaugurated a new state-of-the-art Boeing India Engineering and Technology Center (BIETC) campus in  Bengaluru. Built with an investment of Rs 1,600 crores, the 43-acre campus is Boeing’s largest such investment outside the US. Boeing’s new campus in India will become a cornerstone for partnership with the vibrant startup, private and … Read more

Elon Musk’s Tesla in talks with Mukesh Ambani’s Reliance Industries to set up EV manufacturing plant in India: Report

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Electric vehicle (EV) manufacturing giant Tesla is reportedly looking to set up a joint venture with Reliance Industries Limited (RIL) to establish an EV manufacturing arm in India. According to a report in The Hindu Business Line citing sources, the talks for a joint venture between Billionaires Elon Musk and Mukesh Ambani are currently in the initial stages. This comes amid … Read more

Sensex crosses 75000 mark, was at 25000 when Modi govt came to power in 2014: How 10 years of Modi rule has been a boon for the stock market

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In historic development on the 9th of April, the Sensex crossed the 75,000 points mark for the first time and the Nifty 50 opened above a new record high of 22,700 mark. Up 382 points or 0.5%, the BSE Sensex opened at its all-time high of 75,124.28. In keeping with this, the Nifty 50 opened at 22,768.40 as opposed … Read more

Elon Musk to meet PM Modi in India this month and announce Tesla plant, company starts making cars for India in Germany instead of China

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The proposed Electric Vehicle plant by Tesla in India seems to be gaining momentum, as Elon Musk is visiting India next month to meet prime minister Narendra Modi. As per a report by Reuters citing two sources with direct knowledge of the matter, the plans to invest in a new Tesla car factory in India will be … Read more

Google announces $10 billion investment in India’s digitisation fund, to boos the country’s digitisation drive and fintech potential

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On Friday, 23rd June 2023, Google made a momentous commitment to India’s digital future by announcing a $10 billion investment in the country’s digitisation fund. During a meeting between Google CEO Sundar Pichai and Prime Minister Narendra Modi, Pichai expressed admiration for India’s fintech leadership and pledged support to small and large businesses not just in India but also … Read more

Modi govt planning to slash import duty of electric vehicles to 15% from 100% after Tesla proposal committing manufacturing in India, says report

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The long wait for entry of Tesla cars may be over as the Indian government is reportedly working on a new electric vehicle policy reducing import duty on imported cars. According to a report by Reuters, officials in the Modi government have said that the new policy could allow automobile companies to import fully-built electric cars to … Read more

Elon Musk’s Tesla begins site search for $3 billion Electric Vehicle Plant in India, Maharashtra, Gujarat and Tamil Nadu in focus: Report

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Billionaire Elon Musk-led Tesla Inc. has initiated its search to identify sites for building its proposed $2 billion to $3 billion Electric car plant in India. On Wednesday (3rd April), the UK’s Financial Times reported that the electric vehicle (EV) maker will send its team to India by late April to scout sites. As per the report, the team’s … Read more

Walmart’s strategic pivot: Embracing India for a diversified supply chain and cost-efficient procurements while cutting imports from China

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The world’s largest retailer, Walmart, is increasingly turning towards India for imports while reducing its dependence on China. The shift aims to lower costs and diversify the supply chain. As per a Reuters report, the data from Import Yeti revealed that between January 2023 and August 2023, 25 per cent of US imports were from India. If … Read more