🇯🇵 Japanese financial services firm Daiwa sees India emerging as a partner of choice for Japanese businesses in the current global economic and political situation.

🙅‍♂ The China+1, potentials that came up initially were Vietnam and Thailand and those were the countries where most Japanese companies ventured into.

Unfortunately Vietnam, for example, did not grow as much as they had expected it to and the China situation is not getting better.

🇮🇳 So when it comes to china + 1, many japanese companies have started realising that the 1 can be India. We already have a japan india courier that exists and we can leverage that corridor,

#MakeInIndia #Manufacturing

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Nidec’s Motion & Energy Business Unit marked Groundbreaking Ceremony at the Kotur-Belur Industrial area of Hubli-Dharwad.

This will go into production in 2025 and will create employment opportunities for around 800 people.

#MakeInIndia

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China boosts its gold reserves for 10th month in a row, up 29 tons in August as it tries to diversify away from the US dollar - Bloomberg

#Geopolitics

⚡Foxconn is teaming up with ST Microelectronics NV for a bid to build a semiconductor factory in India after partnership with Vedanta derail.

#Manufacturing #MakeInIndia #Semiconductor

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PM Modi to lay foundation stone for Rs 50,000 crore expansion project of BPCL refinery in Madhya Pradesh's Sagar.

#Manufacturing #Energy

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Indian Space startup 'Skyroot Aerospace' from Hyderabad is planning to launch India's private orbital rocket 'Vikram 1' this year itself.

#Space #ISRO

After centuries, we are clawing back some of our heft in the world: Sanjeev Sanyal .

#India

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India will beat China in next 2-3 yrs along LAC in infrastructure
~ BRO chief

#Defence

🇵🇰 Pak Punjab police receives 15 calls every day threatening su!c!de due to starvation

In just 16 days police hv catered 242 desperate families

"We wil eat grass, even go hungry, but we wil get one of our own-Atom🚀": Zulfikar Ali Bhutto.

#IndianSubcontinent

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🍀 The Ministry of Ayush is implementing plans to operationalise 12,500 Ayush Health and Wellness Centres (AHWCs) across India with the support of State/UT Governments through the National Ayush Mission (NAM) by 2023-24

#India #Health

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RBI to Target 🎯 1 million Rupees CBDC transaction by end of this year.

#Economy

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Glimpses of the arrangements done for the foreign delegates.

#G20

Spanish President Pedro Sánchez tests COVID positive, to skip Delhi G20 summit; Spain to be represented by a minister.

Note - Spain is not a part of G20,India invited them as a Special Guest

#G20

U.S., Saudi, India, UAE hope to ink railway deal to connect Middle East at G20

#Geopolitics

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India stands out in Emerging Asia. Highest foreign flows for August, 2023. (Bloomberg)

#Economy

⚡ Reliance-NVIDIA to build AI supercomputers in India.

NVIDIA-Reliance Industries Partnership: "The companies will work together to build AI infrastructure that is over an order of magnitude more powerful than the fastest supercomputer in India today," the firm said in a statement.

#India #Semiconductor

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🚍 Bengaluru will soon launch its first fleet of air-conditioned electric buses.

⚡ The state government gave the green light on September 7 for the induction of 320 such buses under a Gross Cost Contract (lease) financing model.

#EV

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