Private Equity (PE) in India is still in its nascent stage, accounting for roughly 1 per cent of GDP.
Tag: Make In India
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Asahi India Glass announces Rs.500 crore automotive glass plant in Gujarat
Asahi India Glass (AIS) plans to invest in a state-of-the-art ‘Greenfield Automotive Glass Plant’ near Mehsana in Gujarat. The investment is being made to primarily meet the automotive glass requirements of Maruti Suzuki India Ltd at its newly-established Gujarat plant.
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Big data complements India’s Smart Cities Mission
In an exclusive, PP Chaudhary, Minister of State, Ministry of Electronics and Information Technology, Government of India, says that the Centre is planning three IT and electronics regions, which will create direct employment opportunities for 12 lakh youths.
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APM Terminals Pipavav handles 100,000th auto unit
APM Terminals Pipavav has reached a milestone of 100,000 automobiles handled at the portÂ’s Roll On-Roll Off (Ro/Ro) facility, 20 months after commencing auto-loading and discharging operations. Ro/Ro services were introduced at the port in August 2015, after NYK Auto Logistics India (NALI) invested in a state-of-the art stock yard and pre-delivery inspection facility.
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India’s oil demand growth rate to eclipse China’s
Oil consumption in India is expected to be 7-8 per cent this year, outpacing China's demand growth for the third consecutive year, as impact of demonetisation is likely to be short-lived, according to Platts.
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Government to fund up to 60percent R and D cost for e-vehicles
The government has decided to fund up to 60 per cent of the R&D cost for developing indigenous low-cost electric technology that will help power two-, three-wheelers and commercial vehicles operating in public spaces, a move aimed at reducing pollution.
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Odisha can revitalise its steel industry
Odisha has played a pivotal role in the emergence and growth of the steel industry in the country. Blessed with abundant iron ore, the state made rapid strides in steel. Besides iron ore (32.9 per cent of the country´s reserves), Odisha has abundant reserves of bauxite (59.95 per cent), chromite (98.4 per cent), coal (24.8 per cent) and manganese (67.6 per cent), which provide immense opportunities.
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Smoothening the cement deliveries
The cement industry in India is driven by the immense growth in housing and commercial sectors, infrastructure development, and construction of the transportation ecosystem.
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India Surging Towards Highly Digital Economy
Narendra Bhandari, General Manager, Developer Experience & Evangelism, Microsoft India, says powered by digital, the Fourth Industrial Revolution is likely to benefit the Indian economy across sectors. Digital technology's potential to transform the infrastructure space is especially mindboggling.
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Towards a Smarter India
India is unique in many ways. It is one of the oldest surviving civilisations and still promises to drive the world economy for many years to come. It has the potential to power global manufacturing and offer solutions to medical & educational needs of all of Asia - and the world.