India major gainer of China+1, exports to soar to $835 billion by 2030: Nomura

India and Vietnam are emerging as key beneficiaries of the China plus one strategy, with Nomura predicting significant growth opportunities for Asian economies. According to a report by Nomura, India's exports are projected to skyrocket to $835 billion by 2030 from $431 billion in 2023, driven by its vast domestic market attracting companies seeking supply chain diversification away from China.

#Exports #Trade

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#Meme of the day

Espionage: 🇵🇰 Pakistani hackers target ‘Make in India’ defence programs

A sophisticated cyber espionage drive by a Pakistani hacking group targeted Indian defence officials and state-run defence contractors, potentially compromising sensitive data.

#MakeInIndia #Geopolitics #Defence

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⚡BREAKING : DRDO has successfully flight tested the RudraM-II Air-to-Surface missile from Su-30 MKI platform of Indian Air Force (IAF), off the coast of Odisha.

#defence #airforce

https://x.com/alpha_defense/status/1795776098753769712?t=PRg-yW4tiwKNcCE-XvVLWQ&s=19

Big Security Deployment for Violence-Free conclusion of WB election
~ 246 companies of CRPF allotted for Kolkata South & North seats.
~ 11,000+ CAPF & WB Police guards to be present in Kolkata.
~ Total 2,000 QRTs (Quick Response Teams) will be active in 9 seats.

#LS2024 #GE2024

PLI Boom: India's Electronics Imports Drop As Local Manufacturing Rises

https://swarajyamag.com/news-brief/pli-boom-indias-electronics-imports-drop-as-local-manufacturing-rises-heres-all-about-it

#MakeInIndia

Govt of India promotes 11 ED officers to the rank of Joint Directors #Policy

⚡The rating agency S&P upgrades India's outlook to POSITIVE from STABLE, rating is affirmed

#Banking #Finance

https://x.com/CNBCTV18Live/status/1795727653879599351?t=CwNL-x58wC2qnipvCN2FyA&s=19

Process of granting citizenship certificates under the Citizenship (Amendment) Rules, 2024 commences in West Bengal. #Policy

https://pib.gov.in/PressReleasePage.aspx?PRID=2022130

💥 More Than 🇵🇰 Pakistan, 🇳🇵 Nepal, 🇱🇰 Sri Lanka Combined GDPs !!! ▶ LIC’s Assets Under Management Cross Rs 50 Lakh Crore Mark

LIC’s assets under management surge! The assets under management (AUM) of Life Insurance Corporation of India (LIC), a state-owned insurance giant, have surpassed the Rs 50 lakh crore milestone, reaching Rs 51,21,887 crore ($616 billion) as of March-end.

LIC's AUM is now almost twice the size of Pakistan's GDP, which stands at approximately $338.24 billion, according to IMF data

#Economy

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🛩 HAL Nashik unit cranks up to 24 Tejas light combat aircraft a year

HAL races to deliver 180 Mk 1As in under a decade, ramping up production to meet rising demand

#Defence

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Major #MakeInIndia defence deals including K-9 Vajra, fighter jet engines on Centre's agenda

#Defence

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Humbled to announce the successful completion of our first flight - Mission 01 of Agnibaan SOrTeD - from our own and India’s first & only private Launchpad within SDSC-SHAR at Sriharikota. All the mission objectives of this controlled vertical ascent flight were met and performance was nominal. The vehicle was completely designed in-house and was powered by the world’s first single piece 3d printed engine and also happens to be India’s first flight with a semi cryo engine. Our greatest thanks to INSPACe, ISRO, IIT Madras & our incredibly committed team in helping us prove that a private player can design and fly original space tech hardware in India: Agnikul Cosmos

#Space

'They are behind the curve...': Sanjeev Sanyal says India better placed than what S&P's making out to be

On Wednesday, S&P Global Ratings revised its outlook on India’s economy to 'positive' from 'stable', citing robust growth and improved quality of government spending.

India's sovereign credit rating should be two notches higher than present level, given its strong economic performance, PM’s Economic Advisory Council member Sanjeev Sanyal said on S&P Global's upgrade of India's rating outlook.

#Economy

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🇸🇦 Saudi Textbooks Remove 🇵🇸 Palestine From Most Maps, Amid Push To Normalize With 🇮🇱 Israel

#Geopolitics

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🇮🇳 India and 🇷🇺 Russia discuss multipolar world ahead of St Petersburg International Economic Forum

Other regional and international issues were also discussed, including cooperation within BRICS under the Russian Chairmanship and aspects of Eurasian security.

#NWO #Geopolitics

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What is the Philadelphi Corridor that Israel wanted to control? And finally they did it.

In a significant development, IDF has taken control of the Philadelphi Corridor.
This will change the entire scenario of the war between Israel and Hamas.

Philadelphi Corridor separates Egypt from the Gaza Strip.
Now Israel can block the weapons and ammunition from the Sinai into Hamas’ hands.

#Geopolitics