PLI boost: India’s mobile phone imports dip 33% in FY22
WebJul 6, 2022 · The country’s mobile imports decreased 33% year-on-year in fiscal 2022, thanks to the government's Phased Manufacturing Programme (PMP) and the Production Linked Incentive (PLI) scheme, credit rating firm CRISIL says in its latest report. This has resulted in reduced dependency on China, which reduced to …
Fortune India: Business News, Strategy, Finance and Corporate …
WebFortune India. Business news and strategy from Fortune India magazine, the leading source for finance and corporate insight. Home of Fortune India 500, The Next 500, Most Powerful Women, and 40 under 40
How UPI is making India’s digital economy boom - Fortune India 500
WebApr 24, 2021 · At a time when the country witnesses explosive growth, it can’t depend on just one payment ecosystem. According to a study by the Ministry of Electronics and Information Technology, India’s digital economy was valued at $200 billion in 2018, accounting for 8% of GDP. It is slated to grow to 18%-23% of the national GDP by 2025.
How Zerodha Went from Zero to Hero - Fortune India 500
WebFeb 16, 2023 · How Zerodha Went from Zero to Hero. The Kamath brothers’ broking venture is a case study of how new-age tech businesses can achieve scale — profitably. IN 2013, STANFORD UNIVERSITY students Baiju Bhatt and Vlad Tenev came together to build a mobile stock trading app, Robinhood, which proved to be an instant hit among retail investors in the ...
The $130 Billion Battle For India's Defence Pie - Fortune India 500
WebMar 7, 2023 · Development of hi-tech equipment by private players will reduce defence forces' dependence on foreign vendors, says Shukla, who believes India can have several defence companies with revenues of $1-3 billion within a decade. The Opportunity. India was meeting just 20% defence needs domestically until a few decades ago.
India's 41 ordnance factories now history; merge into 7 DPSUs
WebDec 1, 2021 · India's ordnance factories, manufacturing ammunition and explosives for the country's defence forces — since the start of a gunpowder factory in Ichhapur by the Dutch Ostend Company in 1772 — has become history. The 41 production units of Ordnance Factory Board (OFB) have been converted into seven …
Fortune 500 India: Fastest Growing Companies - Fortune India 500
WebDec 9, 2021 · Fortune 500 India: Fastest Growing Companies. Metals and pharma logged the fastest growth in revenue in FY21. Max Healthcare's revenue rose over 130% while Bharti Airtel led the top tier in Fortune 500 rankings. By Fortune India, Dec 8, 2021 1 …
Fortune India: Business News, Strategy, Finance and Corporate …
WebMay 25, 2023 · The data released by the Reserve Bank of India (RBI) shows gross inward FDI flows stood at $71 billion in 2022-23, registering a decline of 16.3% on a y-o-y basis. The net FDI declined to $28 billion in 2022-23 as compared to $38.6 billion a year ago, mainly due to moderation in gross FDI inflows and an increase in repatriation.
The Gold Rush for India's SuperApp - Fortune India 500
WebFeb 10, 2022 · And that power can come from a SuperApp. The opportunity is being thrown open by India’s booming consumer digital economy. Pegged at $90 billion in 2020, it is projected to be an $800-billion market by 2030, of which online retail will be a large slice, according to a RedSeer report.
Samsung India: The bigger picture - Fortune India 500
WebDec 29, 2018 · Samsung India: The bigger picture. With more than two decades in the country, Samsung India has a finger in every pie, and is fighting competition to stay on top of the game with innovation and a strong distribution network. By Arnika Thakur AND Abhik Sen, Dec 29, 2018 11 min read. Those were heady days.
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