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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102506) | |
22301. Xiaomi's push for Make in India; adds manufacturing plants for smartphones, TVs
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Cnbctv
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- Giving a fillip to Make in India, Xiaomi has added two new smartphone production facilities and one smart TV plant to its cluster in the country, Manu Kumar Jain, Managing Director, India, and Global Vice-President, announced. He said, with this, 99 percent of smartphones sold in India and 100 percent of TVs would be manufactured locally. "We hope to play a small role in building India as a global manufacturing hub," said Jain.
- One of the smartphone factories, built in partnership with DBG India, is already operational in Haryana, increasing the manufacturing capacity by 20 percent. The second new facility will be set up with Chinese electronics manufacturer BYD in Tamil Nadu and is expected to start operations by the first half of 2021. The new TV manufacturing plant is being set up in Telangana by Radiant Technology, a Hyderabad-based television manufacturer.
- Xiaomi has two other mobile manufacturing plants in Tamil Nadu and TV manufacturing unit in Andhra Pradesh's Tirupati, run by Dixon Technologies. Jain said the company has added 10,000 people to its workforce — including those who are directly under Xiaomi’s payroll and those employed by its partners — in 2020 alone, taking the staff strength in India to 60,000.
22302. दिल्ली का यह स्टार्टअप बनाता है EV Battery, सालाना टर्नओवर है 50 करोड़
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
Hindi
India
The Better India
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- 1) दिल्ली स्थित iPower Batteries, देश के 15 ई-स्कूटर निर्माताओं तथा दूसरे 100 (OEM) मूल उपकरण निर्माताओं के लिए भी, EV Battery बना रही है।
- 2) वित्तीय वर्ष 2020-21 में इस स्टार्टअप का टर्नओवर 50 करोड़ रुपये था। iPower Batteries, देश के मुख्य 20 इलेक्ट्रिक टू-व्हीलर निर्माताओं में से 15 कंपनियों के लिए, लिथियम-आयन बैटरी पैक बना रही है। जिनमें Gemopai, Benling India, Okinawa Autotech और Ampere Electric Vehicles जैसे बड़े नाम शामिल हैं।
- 3) यह स्टार्टअप देश के दो, तीन और चार पहिया वाहनों (L5 Category) के लगभग 100 मूल उपकरण निर्माताओं (OEMs) के लिए भी, लिथियम-आयन बैटरी पैक बनाता है।
22303. नौकरी के साथ शुरू किया बिज़नेस, बैरल-टायर से बनाते हैं अनोखे फर्नीचर
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
Hindi
India
The Better India
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- 1) महाराष्ट्र के पुणे में रहने वाले 29 वर्षीय प्रदीप जाधव, साल 2018 से अपना फर्नीचर और होम डेकॉर का बिज़नेस चला रहे हैं। उनके स्टार्टअप का नाम ‘Gigantiques’ है, जिसके अंतर्गत, वह इंडस्ट्रियल वेस्ट को अपसायकल करके, फर्नीचर और होम डेकॉर का सामान बनाते हैं।
- 2) आज, प्रदीप के साथ 15 कर्मचारी काम करते हैं और अब तक वह छोटे-बड़े लगभग 500 ऑर्डर पूरे कर चुके हैं। उन्होंने पुणे, मुंबई, हैदराबाद, बेंगलुरु जैसे शहरों में भी कई बड़े प्रोजेक्ट किए हैं।
- 3) प्रदीप कहते हैं कि शुरुआत उन्होंने बेकार और पुराने टायरों से की थी, लेकिन आज वह इंडस्ट्रियल बैरल, पुरानी और बेकार कार, ऑटो रिक्शा, बाइक, साइकिल, पुरानी लकड़ी आदि को अपसायकल करके, मेज, कुर्सी, सोफा, वॉश बेसिन, फ़ूड कार्ट, बैरल वाइन स्टोरेज, हैंगिंग लाइट्स जैसी चीजें बना रहे हैं। उन्होंने अब तक एक लाख से ज्यादा बैरल, 50 हजार से ज्यादा टायरों और पांच हजार से ज्यादा वाहनों को अपसायकल किया है।
22304. French firm Egis plans €75-m investment in India in five years
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Financial Express
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- Bullish on Indian infrastructure sector, French engineering consulting firm Egis has drawn up a €75-million investment plan for India to fund growth through both organic and inorganic routes in the next five years.
- it set up base 25 years ago, it has invested around the same amount in India till now.
- Egis is 75% owned by Caisse des Depots, a French public financial institution, while the remaining 25% stake is held by partner executives and employees.
22305. Samsung to invest Rs 4825 cr to shift China mobile display factory to India
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Economic Times
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- Smartphone major Samsung will make an investment of Rs 4,825 crore to relocate its mobile and IT display production unit from China to NCR in Uttar Pradesh, the state government said. The UP government’s cabinet headed by Chief Minister Yogi Adityanath approved special incentives to Samsung Display Noida Private Limited on Friday.
- "This is the first high-technique project of South Korea's multi-national major which is being set up in India after relocating from China and the country will become third in the world to have such a unit," the UP government’s spokesperson said in a statement.
- The manufacturing unit is expected to generate direct employment of 510 persons besides giving indirect employment. Samsung currently makes more than 70 percent of the total display products used in TVs, mobile phones, tablets, watched, etc., in the world in South Korea, Vietnam and China.
22306. This fintech startup is making equity markets and investor relations simpler
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- 1. Mumbai-based fintech startup S-Ancial raised $1.4 million in Pre-Series A round. It aims to use this funding to expand its India and MENA footprint and strengthen its technology platform.
- 2. The Mumbai-based fintech startup is a data intelligence platform focused on equity capital markets, specifically on investor relations.
- 3. The startup offers free and premium tools for listed companies. The ownership analysis tool helps clients with detailed profiling of shareholders along with activities of buyers and sellers on their stock.
22307. Siemens acquires Indian grid technology firm C&S Electric for $285m
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
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India
POWER TECHNOLOGY
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- Siemens has completed a previously announced acquisition of Indian grid technology manufacturer C&S Electric for $285m (Rs21bn).
- Siemens purchased approximately 99.22% of the company after receiving regulatory approval from the Competition Commission of India in August last year as well as the completion of further closing steps.
- Siemens purchased approximately 99.22% of the company after receiving regulatory approval from the Competition Commission of India in August last year as well as the completion of further closing steps.
22308. डीपीआईआईटी द्वारा मान्यता प्राप्त स्टार्टअप की संख्या पचास हजार तक पहुंची
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
Hindi
India
Press Information Bureau
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- 1) पिछले 10,000 स्टार्टअप केवल 180 दिनों में जोड़े गए. देश के 623 जिलों में मान्यता प्राप्त स्टार्टअप की पहुंच
- 2) 2020-2021 में मान्यता प्राप्त स्टार्टअप्स द्वारा 1.7 लाख नौकरियां सृजित की गईं. स्टार्टअप इंडिया- नई ऊंचाइयों पर पहुंचना, भारत को इनोवेशन में विश्व में अग्रणी बनाना
- 3) उद्योग संवर्धन और आंतरिक व्यापार (डीपीआईआईटी) स्टार्टअप पहल के लिए नोडल विभाग के रूप में कार्य करता है। 3 जून, 2021 तक, डीपीआईआईटी द्वारा 50,000 स्टार्टअप को मान्यता दी गई है, जिनमें से 19,896 स्टार्टअप को 1 अप्रैल, 2020 के बाद मान्यता मिली है।
- 4) सबसे ज्यादा 'खाद्य प्रसंस्करण', 'उत्पाद विकास', 'एप्लीकेशन डेवलपमेंट', 'आईटी परामर्श' और 'व्यावसायिक सहायता सेवाएं' क्षेत्र में स्टार्टअप का पंजीकरण हुआ है। अहम बात यह है कि 45% स्टार्टअप ऐसे हैं जिनके नेतृत्व टीम में एक महिला उद्यमी है।
22309. Insurtech startup Symbo Platform raises $9.4 Million to scale in India
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Mint
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- Symbo Platform Holdings, Singapore-based InsurTech platform said that it has raised $9.4 million led by CreditEase Fintech Investment Fund and San Francisco based investment firm Think Investments, with participation from existing investors Integra Partners, Insignia Ventures and AJ Capital. A large proportion of the funds will be used for investment into Symbo’s Indian affiliate, Symbo India Insurance Broking Pvt Ltd. (SIIB).
- SIIB has been working towards simplifying insurance for customers, helping them to buy covers based on their personalized needs.
- The insurtech’s engagements in India include Bajaj Finserv Health, eyewear retailer Lenskart, corporates and large insurance players The platform claims to have over 80,000 agents and 45 technology licensing partners, supporting over $100 million in annual GWP (gross written premium) across India, Malaysia, Singapore and Indonesia.
22310. Saudi Arabia’s Salic to step up India agri investments
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Economic Times
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- Saudi Arabia’s Salic, which has 29% minority stake in LT Foods subsidiary Daawat Foods, will step up investments in the Indian agricultural ecosystem, Salic and United Farms Investment Company group chief executive Sulaiman AlRumaih said, during an India visit this week.
- Salic, wholly-owned by Public Investment Fund, will invest in agricultural projects and livestock production by partnering with governments across “multiple geographic areas”, the company said.
- With agriculture contributing over 15% to India’s GDP, there is a significant potential for us to invest in and help develop the Indian food processing sector,” he said. The Indian food processing sector ranked number five globally is growing at a CAGR of 12% and expected to reach US $730 billion by FY24. It accounts for 32% of India’s food market and has an 11.6% share of employment in the domestic food industry.