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DPIIT raises $1.4 billion in tyre investments from global players
The DPIIT has also urged other ministries to take similar steps to promote domestic manufacturing in sectors under their purview, as has been done with toys and tyres.Read more
Focus on incremental reforms
According to a recent report of DSP Mutual Fund, the manufacturing sector's contribution to India's GDP is anticipated to rise from 14 per cent in FY24 to 21 per cent by FY34, bolstered by lower logistics costs and improved infrastructure. Read more
India witnessed $29.6 billion in private equity investments
The investment distribution in 2023 saw a notable shift with traditional sectors such as manufacturing, healthcare, and energy, accounting for about 75 % of the total investments, up from around 60 % in 2022.Read more
Panasonic prioritises India for substantial investments and manufacturing growth
Ryo Matsumoto, General Manager of the Living Energy Business Division at Electric Works Company, Panasonic Corporation, outlined the company's plan to boost production capabilities by utilising excess facilities at its Sri City factory in Andhra Pradesh.Read more
BPE unveils future plans: New investments outlines new phased strategy for 2024
The company aims to continue its commitment to innovation, sustainability, and global expansion to meet aggressive goals set for 2025.Read more
TN secures $4.39 bn investments from Apple, Hyundai, and more
Key deals signed include a $1.4 billion investment by JSW Energy in renewable energy projects, a $1.5 billion investment by Tata Electronics in mobile phone assembly operations, and a nearly $125 million investment by Nike shoemaker Hong Fu.Read more
TN secures billion in investments sectors at Global Investors Meet
Agreements were signed, including a significant investment of Rs 16,000 crore from Vietnamese electric vehicle player VinFast, earmarked for establishing an EV manufacturing facility in the southern district of Thoothukudi.Read more
TIIC promotes green investments with New ESG Cell for MSMEs
During a recent meeting of the Council of State Industrial Development and Investment Corporations (COSIDIC), hosted by TIIC, the emphasis was placed on integrating sustainability into MSMEs.Read more
Dholera Industrial smart city nears completion, set to drive global investments
Gujarat Chief Minister Bhupendra Patel visited the Dholera Special Investment Region (SIR) as part of the preparations for the forthcoming 10th Vibrant Gujarat Global Summit in 2024.Read more
Gujarat's auto sector accelerates, leading Charge in e-Mobility with global investments
Scheduled from January 10 to 12, 2024, in Gandhinagar, the 10th edition of the Vibrant Gujarat Global Summit serves as a biennial platform for businesses and governments to explore investment opportunities and foster partnerships.Read more