In a statement Anish Shah, the CEO of Indian auto major Mahindra and Mahindra group said, it will explore sourcing more components from other companies to boost its electric vehicle (EV) portfolio. While earlier Mahindra had focussed on developing EV components… Read More ›
Narendra Modi
Germany pledges $10.51 billion to help India achieve climate change goals
In a statement to the media, German Chancellor Olaf Scholz said, Germany has pledged $10.51 billion (10 billion euros) to help India achieve its climate goals following a meeting with Indian Prime Minister Narendra Modi in Berlin. Both leaders highlighted… Read More ›
Johnson offers India know-how to build fighter jets, license for faster defense deliveries
In his first visit to India, British Prime Minister Boris Johnson is set to offer New Delhi know-how to build its own fighter jets and a licence for faster deliveries of defence equipment as it tries to wean India away… Read More ›
India-US agree to expand trade ties on agricultural products
In a significant development, India and the United States agreed to expand trade on some agricultural products, including US distiller dried grains, cherries, alfalfa as well as Indian mangoes, grapes, shrimp and water buffalo meat. In a joint statement following… Read More ›
Trump-Modi agree to promptly conclude U.S.-India trade deal: White House
In a statement, the White House said, U.S. President Donald Trump and his counterpart Indian Prime Minister Narendra Modi have agreed to “promptly” conclude ongoing trade talks which they hope can lead to the first phase of a bilateral U.S.-India… Read More ›
India exempts small startups from angel tax to promote growth and jobs
The government has raised the investment threshold to 250 million rupees, up from 100 million rupees, on which tax exemptions can be availed. In a strategic move, India eased tax pressures for a new genre of businesses and exempt them… Read More ›
U.S.-India bonhomie to be the engine for mutually beneficial growth
Unlike Trump’s outbursts against leaders from Australia and Germany, the Indian Prime Minister was received well. A newly created chamber will now target growth mutually beneficial areas of growth, including, startups, education and innovation. Following Indian Prime Minister Nadrendra Modi’s… Read More ›
Apple considering manufacturing in India: WSJ
This strategic move aims to tap Indian Prime Minister, Narendra Modi’s ‘Make in India’ incentive which states that foreign retailers will have to manufacture 30% of goods sold in stores locally. Local manufacturing could boost Apple’s market share in the… Read More ›