Welcome to the 31 December, 2021
edition of INDIA BULLETIN, presented by the Consulate General of India, Sydney
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Think big, dream big and work hard: PM Modi
Asserting that the upcoming year 2022 will be a golden page of building a new India, Prime Minister Shri Narendra Modi urged people to reiterate their resolve to “think big, dream big and work hard” to make them true. PM Modi said progress of the people will open the way for progress of the country.
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Shri Piyush Goyal held talks with Australian Trade Minister
Commerce and Industry Minister Shri Piyush Goyal and Mr. Dan Tehan MP, Minister for Trade, Tourism and Investment, Australia held talks to expedite the bilateral Comprehensive Economic Cooperation Agreement (CECA) negotiations.
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India to become 3rd largest economy in 2031: CEBR
UK’s leading economics consultant, the Centre for Economics and Business Research (CEBR) has predicted that India will become the third largest economy in 2031.
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Global investors, PE firms triple investments in
India's API sector
India's active pharmaceutical ingredients (API) space is now a sought-after investment destination for global bulge-bracket investors and private equity managers, with the pandemic reshaping the sector's fortunes and boosting valuations.
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India's Rice Exports Jump 33% On Year In FY22
India’s rice exports in FY22 is likely to exceed the record of 17.72 million tonne (MT) achieved in FY21 on the back of a 33% YoY jump in exports to 11.79 MT between April-October 2021.
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India's EV space to see investments worth $12.6 billion
The Electric Vehicles (EVs) segment in India is likely to see investment worth $12.6 billion (Rs 94,000 crore) over the next five years, while 1,300 acres will be required to set up the targeted 110 GWh battery manufacturing capacity by 2030.
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India offers huge opportunities in EV space, Dana
American auto component maker Dana has said that India offers huge opportunities for the company in the EV space and it will continue to invest in all its facilities. Dana has 18 facilities in India, which include joint ventures as well as a recently launched dedicated EV drivetrain manufacturing facility in Pune.
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PM Gati Shakti plan, single window clearance to boost FDI inflows
A series of steps taken by the GOI to promote ease of doing business and liberalisation of foreign direct investment norms have helped India receive record FDI inflows, and implementation of measures like PM Gati Shakti is expected to further push investments in 2022.
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Indian start-ups bag record $36 billion funds in 2021
India’s start-up ecosystem has notched up record investment of nearly $ 36 billion in privately held companies this year as demand for digitisation grew manifold.
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Tesla plan to install EV charging points across India
Tesla Power USA is planning to install 5,000 two-wheeler Electric Vehicle (EV) charging points across India. Tesla Power USA has been among the leading brands of batteries in India.
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India emerges as a hub for cybersecurity startups, products
In 2020, cybersecurity companies with operations in India generated revenues worth USD 11 billion. About 230 players that are innovating in this space generated revenues of USD 1.02 billion.
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India displaces UK to be 3rd top country hosting unicorns
India has displaced UK to bag the third top spot in list of countries with most number of such companies, according to Hurun Research Institute. In addition to the domestic companies, there are 65 unicorns founded by Indians abroad.
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60% of adult population of India now fully vaccinated, 89% have got 1 dose
Over 60% of India’s adults are now fully vaccinated with two doses of anti-Covid jabs, whereas nearly 89% have received at least first dose. A total of over 140 crore doses have been administered across the country since the programme was launched.
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India Investment Grid: Click on the image above for
India Investment Grid: Investment opportunities in Social Infrastructure Sector
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Rich tributes were paid to CDS General Bipin Rawat by Hon. Minister for Veterans’ Affairs and Defence Personnel Andrew Gee MP, Hon. Julian Leeser MP, Acting Consul General Mr. Sanjay Muluka , Hindu Council of Australia and veterans at Cherrybrook Cenotaph.
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Check out the latest ediiton of
'INDIA PERSPECTIVES: THE FLAGSHIP MAGAZINE OF THE MINISTRY OF EXTERNAL AFFAIRS, GOVERNMENT OF INDIA'
by clicking on the image above.
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