[🇮🇳] Indian Economy watch- All new developments.

[Krishna with Flute]

A discussion how India will become a 55 TR. USD economy by 2047. I. E in 100 years of becoming independent.

 

[Krishna with Flute]

India set to boost aircraft manufacturing, government to collaborate with HAL and NAL​

Story by FE Online
• 16h • 2 min read

"We want to design and manufacture planes in India," Naidu said. (Twitter)
Civil Aviation Minister K Rammohan Naidu on Monday (October 21) announced that the government aims to develop aircraft design and manufacturing capabilities in India, collaborating with industry leaders.

The Bhartiya Vayuyan Vidheyak Bill 2024, passed by the Lok Sabha in August, includes provisions to regulate aircraft design and manufacturing, aligning with the Aatmanirbhar Bharat initiative.


Also Read
Ministry of Civil Aviation mulling legislative actions to deal with bomb threats to airlines – Details inside
“We want to design and manufacture planes in India. We are taking help from HAL (Hindustan Aeronautics Ltd) and NAL (National Aerospace Laboratories) and other industry partners we have,” Naidu stated.

“In the foreseeable future, we want to also have a situation where we manufacture planes not for domestic demand only but also for the demand of the entire world… we are going to move towards it,” the minister said.

Also Read
UDAN scheme marks 8 years: 71 airports operational, 601 routes active and 1.44 crore passengers benefited till now

India becoming key market for aviation manufacturers​

Currently, HAL is producing small civilian planes on a limited scale. As India continues to be one of the fastest-growing aviation markets, with over 1,200 planes on order, the country is becoming a key market for manufacturers like Boeing and Airbus.

Also Read
Indian airlines plagued by hoax bomb threats – Know what security protocols kick in when a flight gets a bomb threat notification
Naidu also mentioned that the government plans to establish a special purpose vehicle (SPV) to accelerate domestic commercial aircraft production.

MSN

 

[Dogun18]

A discussion how India will become a 55 TR. USD economy by 2047. I. E in 100 years of becoming independent.

Will the locals benefits from this or will this only create a few more Ambanis?

 

[Krishna with Flute]

Will the locals benefits from this or will this only create a few more Ambanis?

When will you people come out of ill mentality? Ambani Employs millions directly and Indirectly. Ambani's employees are highly paid guys. Ambani contributes billions of USD to Indian economy (more than 30% of whole Pakistan Economy), His contributes a lot to the wealth of India (His Company's net worth is more than 20 times the total Market capitalization of Pakistan Stock Exchange) and his company pays a huge amount as a tax out of which India runs many development projects.

 

[Krishna with Flute]

First C-295 to roll out of Guj facility in '26​

18h • 2 min read

First C-295 to roll out of Guj facility in '26
Ahead of the inauguration of a manufacturing facility for C-295 planes in Vadodara, official sources on Sunday said of the 40 aircraft to be made in India, the first C-295 is likely to roll out of the plant in September 2026. Prime Minister Narendra Modi had laid the foundation stone of the Final Assembly Line (FAL) plant of C-295 aircraft in Vadodara in October 2022.


The Ministry of Defence in September 2021 signed a Rs 21,935-crore contract with Airbus Defense and Space SA, Spain for supply of 56 aircraft.

Of these 56 aircraft, a total of 16 will be brought in flyaway condition directly from Spain, and 40 will be built in India by Tata Advanced Systems Ltd (TASL).

First C-295 medium tactical transport aircraft was delivered in September 2023.

As on date, the IAF has "already inducted six C-295 aircraft" in its Vadodara-based 11 Squadron. The last of the 16 flyaway aircraft will be delivered by August 2025, an official source said.

Spanish Prime Minister Pedro Sanchez is scheduled to visit India from October 28-30, during which he will visit the Vadodara facility on Monday.

PM Modi and his Spanish counterpart will inaugurate the Final Assembly Line plant of C295 aircraft at Vadodara, the first private sector final assembly line for military aircraft in India, the Prime Minister's Office (PMO) said in a statement on Saturday.


Related video: Watch: PM Modi, his Spanish counterpart inaugurates Tata aircraft complex in Vadodara (India Today)
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Watch: PM Modi, his Spanish counterpart inaugurates Tata aircraft complex in Vadodara
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"Of the 40 aircraft to be made in India, the first C-295 will roll out of the Vadodara facility in September 2026 and the remaining 39 aircraft by August 2031," the source added.

The IAF is procuring the C-295 aircraft to replace its fleet of ageing Avro-748 planes that entered the service over six decades ago.
For more news like this visit The Economic Times.

MSN

 

[Krishna with Flute]

India's Automobile Exports Rise 14% in April-Sept FY 2024-25, Led by 2 Wheelers​

Overall exports stood at 45,00,492 units in the last fiscal year as compared with 47,61,299 units in FY23.​

• India News
• 2 min read

Reported by: Press Trust Of India
Follow:

India's Automobile Exports Rise 14% in April-Sept FY 2024-25, Led by 2 Wheelers | Image: Reuters

​

New Delhi: Automobile exports from India in the first six months of the current fiscal year rose 14 per cent year-on-year, led by gains in shipments of passenger vehicles and two-wheelers.
According to Siam data, the overall exports in the April-September period stood at 25,28,248 units, up 14 per cent as compared with 22,11,457 units in the year-ago period.

​

"Key markets like Latin America and Africa, which had slowed down for various reasons, have bounced back. This has been the main reason for exports coming back," Society of Indian Automobile Manufacturers (Siam) President Shailesh Chandra said.
He was replying to a query on the reasons for the bouncing back of vehicle exports in the April-September period.

​

Various African nations and other regions faced challenges due to devaluation of currencies. This impacted the vehicle shipments as the nations focussed on import of essential items.​

Automobile exports declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets.

Overall exports stood at 45,00,492 units in the last fiscal year as compared with 47,61,299 units in FY23.​

Total passenger vehicle shipments rose 12 per cent year-on-year to 3,76,679 units in the first half of the current fiscal year as against 3,36,754 units in the September quarter of FY24.

The country's largest carmaker Maruti Suzuki led the vertical with shipments of 1,47,063 units, an increase of 12 per cent over 1,31,546 units in the year-ago period.​

Hyundai Motor India exported 84,900 units, a drop of 1 per cent, as against 86,105 units in April-September period of the previous fiscal year.

Two-wheeler exports rose 16 per cent year-on-year to 19,59,145 units in the April-September period this fiscal year as compared with 16,85,907 units in the year-ago period.​

Scooter shipments increased 19 per cent to 3,14,533 units while motorcycle exports rose 16 per cent to 16,41,804 units during the period under review.

​

Commercial vehicle exports rose 12 per cent year-on-year to 35,731 units in the first six months of the fiscal year.
Three-wheeler shipments, however, declined 1 per cent during the period to 1,53,199 units as compared with 1,55,154 units in the April-September period of the 2023-24 fiscal year.

(Except for the headline, Republic has not edited the content and the story has been published from a syndicate feed)​

India's Automobile Exports Rise 14% in April-Sept FY 2024-25, Led by 2 Wheelers

Overall exports stood at 45,00,492 units in the last fiscal year as compared with 47,61,299 units in FY23.

www.republicworld.com

 

[Krishna with Flute]

India's small town is the hub of Ceramic hub with second largest capacity to produce ceramic with production of over 50000 crore.

Morbi's ceramic industry puts glaze on Gujarat growth story, set for further growth: Industry experts​

Read more at:
Morbi's ceramic industry puts glaze on Gujarat growth story, set for further growth: Industry experts

 

[Krishna with Flute]

Another masterstroke by Mukesh Ambani, which may change future of telecom industry in India​

RELIANCED roping fast

Another masterstroke by Mukesh Ambani, which may change future of telecom industry in India
Reliance Industries, led by Mukesh Ambani, is set to lead on a new chapter with the upcoming IPO of Reliance Jio. The ambitious move aims to challenge global tech and telecom giants, particularly Elon Musk's Starlink. The estimated valuation for this IPO is around Rs 8,41,157 crore, and if successful, it could become the largest IPO in the history of the Indian stock market.

Mukesh Ambani Future Plans For IPO​

The primary goal of Jio's IPO is to attract significant investments that will be utilized to expand its footprint in 5G, Artificial Intelligence (AI), and cloud services. Mukesh Ambani has set a vision of bringing 5G connectivity to every corner of India, showcasing the company's commitment to building a robust digital infrastructure in the country. Additionally, Jio aims to expand its reach in the Internet of Things (IoT) and high-speed cloud network services, targeting both Indian and international markets.

Reliance began planning for this IPO as early as 2019. Mukesh Ambani had announced a strategy to list Jio and Reliance Retail on the stock market within the next five years. This initiative has garnered support from major investors, including KKR, General Atlantic, and Abu Dhabi Investment Authority, which has led to the valuation of these ventures exceeding $100 billion.

Mukesh Ambani To Challenge Elon Musk's Starlink​

Mukesh Ambani's move is seen as a direct challenge to Elon Musk's Starlink internet service. Jio plans to compete in the satellite internet sector with support from key partners like Google and Meta, aiming to capture a significant share of this market. In addition, Jio has collaborated with NVIDIA to develop its AI infrastructure, which will enhance its technological capabilities.

Jio's strategy is not limited to the Indian telecom market; it also aims to provide affordable and high-quality internet services on a global scale. The company has plans to launch multiple products and services to strengthen its presence internationally.

Mukesh Ambani's​

Mukesh Ambani's decision to launch Jio's IPO is not just about spearheading a digital revolution in India but also about establishing a significant footprint as a global technology leader. By investing and strategic partnerships, Jio aims to become a major player in the global telecom and technology landscape.​

MSN

 

[Krishna with Flute]

India will develop complete solar manufacturing ecosystem in 4-5 years: Avaada Group​

India will develop complete solar manufacturing ecosystem in 4-5 years: Avaada Group
India will develop the complete ecosystem of solar equipment manufacturing in the next four to five years compared to other countries which have taken over 20 years says Vineet Mittal, Founder and Chairman of Avaada Group.

Mittal spoke exclusively with on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference at Abu Dhabi.


Indian companies are dependent on other countries for solar energy components, which are hindering the abilities of Indian solar companies, expressing optimism that the situation will change soon.

On the development of a complete manufacturing ecosystem of solar energy, Mittal said

"What other countries have done in the last 20 years, they have built the complete ecosystem of every component of supply chain, which India would take four to five years to develop," Mittal said.

Mittal added that his company, a green energy company headquartered in Mumbai with business interests in renewable energy generation using Solar energy, Wind energy, Pumped Hydro, and Green Fuels, aims to eliminate dependence on imported components, reducing costs and increasing competitiveness.

"We are setting up a campus where you insert a wafer at one end of the factory and the solar panel will be coming out on the other side of the factory," he said, positioning the model as a game-changer in India's renewable energy sector.



He further added that country like India should encourage e-methanol for the transport sector.

"We are already using grey methanol in the North East to run cars and it's the best solution for heavy transport, car transport, and green ammonia for fertilizers. So I think opportunity is humongous. The government should bring out the policy through mandates, through aggregating the demand, and by making it as a fuel of choice," Mittal said.

The founder of Avaada group highlighted the need for long-term government support through mandates and off-take contracts for future development in hydrogen energy sector.

Hydrogen energy is a reliable source of energy but there is a need to work on the cost structure front globally.

"The cost is still high because the whole ecosystem is not well developed. And unless we grow it like solar sector, in solar, when I did my first project, the tariff was closer to 30 US cents. Now we are doing it less than four US cents. So, basically, unless global government decides and brings several projects through long-term off-take contract, the sector would find it difficult to bring prices closer to grey ammonia and blue ammonia," he said.



To encourage green fuels, Mittal asked the government to establish a carbon market to accelerate the transition to green fuels, which is still very costly compared to traditional fuel sources.

A carbon market would provide incentives that are currently missing for businesses and individuals to shift toward cleaner fuel options.

"The biggest practical advice would be for governments to introduce carbon market, in absence of carbon market, there is no incentive for the user community to go for the green fuel," he said.

Mittal said that Avaada Group is advancing India's renewable energy goals through significant investments in solar and wind power. The company has an ambitious plan to contribute to India's 2030 target of 500 gigawatts of renewable energy.

"Currently, Avaada Group is focusing on building 30 gigawatt projects of solar and wind across India," he said, noting that the portfolio includes 5 gigawatt-hours of battery storage and 10 gigawatt-hours of long-duration pumped hydro storage.

With government policies now encouraging the addition of storage systems to existing renewable energy farms, companies can store energy for use during peak hours, effectively stabilizing the market.
For more news like this visit The Economic Times.

MSN

 

[Krishna with Flute]

India need to speed up Solar energy production and Production of aircrafts domestically.

 

[Krishna with Flute]

Vardhaan Lithium To Establish India’s First Lithium Refinery In Nagpur​

Story by JE News Desk
• 19h • 2 min read

Vardhaan Lithium To Establish India’s First Lithium Refinery In Nagpur
India is set to achieve a significant milestone in its energy and industrial sectors with the establishment of its first lithium refinery and battery manufacturing facility in Additional Butibori, Nagpur, Maharashtra. Backed by an investment of Rs 42,532 crore, this project by Vardhaan Lithium (I) Pvt. Ltd. aims to reduce the nation’s dependence on lithium imports and solidify its position in the global clean energy market.

The 500-acre facility, led by Chairman Sunil Joshi and Managing Director Vedansh Joshi, will have the capacity to refine 60,000 tonnes of lithium annually and produce 20 GWh of batteries. It will cater to India’s growing demand for lithium-based products, supporting sectors such as electric vehicles, renewable energy, and industrial manufacturing.

Advancing ‘Make in India’ Vision

Aligned with the ‘Make in India’ initiative, this state-of-the-art factory underscores India’s commitment to achieving self-reliance in critical resources. By leveraging advanced technologies from the USA and Europe, Vardhaan Lithium aims to meet global quality standards while enhancing India’s clean energy capabilities.

Leadership and Collaboration

The project has received strong support from Maharashtra Chief Minister Devendra Fadnavis, whose proactive leadership facilitated the agreement signing at the WEF 2025 in Davos. This initiative positions Maharashtra as a hub for industrial innovation and energy transformation.

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Transforming India’s Energy Landscape

The refinery’s establishment comes at a time of surging global demand for lithium-ion batteries, driven by electric vehicles and renewable energy solutions. It is expected to create thousands of jobs, boost the local economy, and attract ancillary industries, fostering a sustainable clean energy ecosystem in Maharashtra. The Vardhaan Lithium project is poised to redefine India’s energy future, strengthening its journey toward self-reliance and global leadership in clean energy innovation.

 

[Saif]

India budget opts for economic sugar rush over reform

India’s annual budget announcement was a bigger deal than usual this year: As the first full budget of Prime Minister Narendra Modi’s third term, it will set the tone for how the world’s fifth-largest economy confronts slowing growth and sagging markets.

www.thedailystar.net

India budget opts for economic sugar rush over reform

Visitors look at the chrysanthemum flowers during the All India Horticulture, Agriculture, and Nursery Expo in Hyderabad on January 31. The government has forecast India’s GDP growth will slip to a four-year low of 6.4 percent in the current financial year to March 31. photo: AFP

India's annual budget announcement was a bigger deal than usual this year: As the first full budget of Prime Minister Narendra Modi's third term, it will set the tone for how the world's fifth-largest economy confronts slowing growth and sagging markets.

But the year's top economic policy event opted mainly for short-term economic relief through middle-class tax cuts, while passing up a chance to go big on reforms needed to reignite rapid growth - once the envy of the world at more than 8 percent.

The budget also scaled back the government's emphasis on capital spending and infrastructure, another key driver for India's growth ambitions since the pandemic.

Without a strategy to regain high growth rates and assure jobs for India's young population, the budget disappointed analysts and markets, alarmed in recent months by weak earnings growth and an exodus of foreign investors.

"India is aspiring for 8 percent growth but we don't have a path to 8 percent - a growth strategy is not there," said Madhavi Arora, chief economist at Emkay Global Financial Services.

The government has forecast India's GDP growth will slip to a four-year low of 6.4 percent in the current financial year to March 31 and stay close to that level next year as well, compared with 8.2 percent in 2023-24.

While the latest tax cuts may help urban consumers, who took some steam out of the economy as weak wage growth and high living costs curtailed their spending habits, economists see deeper problems that need to be addressed.

"Eight percent will require far deeper interventions in agricultural markets, human capital and ease of doing business," said Dhiraj Nim, an economist at ANZ Research.

Modi, who returned to power in July of last year with a weaker-than-expected mandate, has turned to appeasing politically important constituencies in the months since the election, analysts said. His party has reversed agricultural trade policies to favour farmers, offered cash handouts to women and, now, cut taxes for the middle class.

Analysts noted that this is not the first time, however, that Modi and his Bharatiya Janata Party failed to push economic reforms, which also got brushed aside in his previous two terms when the party had won more decisively and had greater political capital.

"In 2019, the BJP got more than 300 seats and had a window (for reforms)," said Amit Ranjan, research fellow at Institute of South Asian Studies (ISAS), National University of Singapore. "But the government gave in to the needs of electoral politics as the government knows reforms do not immediately benefit the large section of voters."

In 2015, Modi let lapse an executive order making it easier for businesses to buy land, after failing to win support from opposition parties in the parliament. And in 2020, both houses of parliament approved new labour codes, but they have yet to be implemented across all states.

Plans for large-scale privatisations of state-owned enterprises, aiming to reinvigorate them by reducing government involvement, have also faltered, with the government now opting to put fresh funds into ailing state firms.

The case for reforms, however, has not come just from analysts and economists, but from government leaders as well.

On Friday, India's chief economic adviser, V. Anantha Nageswaran, made a pitch for rapidly easing rules covering land, labour and factories, among other areas, arguing that government should "get out of the way" as one way to push up growth.

"Business as usual carries a high risk of economic growth stagnation, if not economic stagnation," Nageswaran said in a report presented a day ahead of the budget.

The tax cuts' 1 trillion rupee ($11.56 billion) price tag also reduced the government's leeway to further ramp up spending on infrastructure.

The budget includes 11.2 trillion rupees for capital expenditure in 2025-26, close to the level of spending planned for the current year, although actual outlays fell short of that due to delays linked to national and state elections.

"We think that capital expenditure and infrastructure development will provide a longer-term, longer-lasting boost to growth than things like tax measures," said Christian de Guzman, senior vice president and lead sovereign analyst for India at Moody's Ratings.

Since the COVID-19 pandemic, the government has raised capital expenditure sharply in the hope of fashioning an investment-led recovery but the strategy is yet to pay off, with job creation and wage growth remaining weak.

The slower increase in capital spending knocked the share prices of capital goods firms lower on Saturday, while the broader market ended marginally weaker.

"At the margin, there is a tilt towards supporting consumption through tax cuts for middle class households, relative to the public capex push seen over the last four years," said Sonal Varma, Nomura chief economist, India and Asia ex-Japan.

"This shift takes into account the difficulty in executing public capex projects due to budget and institutional capacity constraints," she said.​

 

[Krishna with Flute]

India budget opts for economic sugar rush over reform

India’s annual budget announcement was a bigger deal than usual this year: As the first full budget of Prime Minister Narendra Modi’s third term, it will set the tone for how the world’s fifth-largest economy confronts slowing growth and sagging markets.

www.thedailystar.net

India budget opts for economic sugar rush over reform

View attachment 13974
Visitors look at the chrysanthemum flowers during the All India Horticulture, Agriculture, and Nursery Expo in Hyderabad on January 31. The government has forecast India’s GDP growth will slip to a four-year low of 6.4 percent in the current financial year to March 31. photo: AFP

India's annual budget announcement was a bigger deal than usual this year: As the first full budget of Prime Minister Narendra Modi's third term, it will set the tone for how the world's fifth-largest economy confronts slowing growth and sagging markets.

But the year's top economic policy event opted mainly for short-term economic relief through middle-class tax cuts, while passing up a chance to go big on reforms needed to reignite rapid growth - once the envy of the world at more than 8 percent.

The budget also scaled back the government's emphasis on capital spending and infrastructure, another key driver for India's growth ambitions since the pandemic.

Without a strategy to regain high growth rates and assure jobs for India's young population, the budget disappointed analysts and markets, alarmed in recent months by weak earnings growth and an exodus of foreign investors.

"India is aspiring for 8 percent growth but we don't have a path to 8 percent - a growth strategy is not there," said Madhavi Arora, chief economist at Emkay Global Financial Services.

The government has forecast India's GDP growth will slip to a four-year low of 6.4 percent in the current financial year to March 31 and stay close to that level next year as well, compared with 8.2 percent in 2023-24.

While the latest tax cuts may help urban consumers, who took some steam out of the economy as weak wage growth and high living costs curtailed their spending habits, economists see deeper problems that need to be addressed.

"Eight percent will require far deeper interventions in agricultural markets, human capital and ease of doing business," said Dhiraj Nim, an economist at ANZ Research.

Modi, who returned to power in July of last year with a weaker-than-expected mandate, has turned to appeasing politically important constituencies in the months since the election, analysts said. His party has reversed agricultural trade policies to favour farmers, offered cash handouts to women and, now, cut taxes for the middle class.

Analysts noted that this is not the first time, however, that Modi and his Bharatiya Janata Party failed to push economic reforms, which also got brushed aside in his previous two terms when the party had won more decisively and had greater political capital.

"In 2019, the BJP got more than 300 seats and had a window (for reforms)," said Amit Ranjan, research fellow at Institute of South Asian Studies (ISAS), National University of Singapore. "But the government gave in to the needs of electoral politics as the government knows reforms do not immediately benefit the large section of voters."

In 2015, Modi let lapse an executive order making it easier for businesses to buy land, after failing to win support from opposition parties in the parliament. And in 2020, both houses of parliament approved new labour codes, but they have yet to be implemented across all states.

Plans for large-scale privatisations of state-owned enterprises, aiming to reinvigorate them by reducing government involvement, have also faltered, with the government now opting to put fresh funds into ailing state firms.

The case for reforms, however, has not come just from analysts and economists, but from government leaders as well.

On Friday, India's chief economic adviser, V. Anantha Nageswaran, made a pitch for rapidly easing rules covering land, labour and factories, among other areas, arguing that government should "get out of the way" as one way to push up growth.

"Business as usual carries a high risk of economic growth stagnation, if not economic stagnation," Nageswaran said in a report presented a day ahead of the budget.

The tax cuts' 1 trillion rupee ($11.56 billion) price tag also reduced the government's leeway to further ramp up spending on infrastructure.

The budget includes 11.2 trillion rupees for capital expenditure in 2025-26, close to the level of spending planned for the current year, although actual outlays fell short of that due to delays linked to national and state elections.

"We think that capital expenditure and infrastructure development will provide a longer-term, longer-lasting boost to growth than things like tax measures," said Christian de Guzman, senior vice president and lead sovereign analyst for India at Moody's Ratings.

Since the COVID-19 pandemic, the government has raised capital expenditure sharply in the hope of fashioning an investment-led recovery but the strategy is yet to pay off, with job creation and wage growth remaining weak.

The slower increase in capital spending knocked the share prices of capital goods firms lower on Saturday, while the broader market ended marginally weaker.

"At the margin, there is a tilt towards supporting consumption through tax cuts for middle class households, relative to the public capex push seen over the last four years," said Sonal Varma, Nomura chief economist, India and Asia ex-Japan.

"This shift takes into account the difficulty in executing public capex projects due to budget and institutional capacity constraints," she said.​

Reforms are almost over. Now it was the time to give some relief to middle class who happened to be most honest tax payers. For last many years, government's treasure is flooding with money and has got lot more income than budgeted. Even, toll tax generates huge amount of money. Government runs unparallel and unimaginable welfare schemes such as free ration, 40 million houses to poor, free gas connection over 90 million people, Mudra small finance loan to over 100 million people, free medical to 550 million people upto Rs. 10 lakh. 37 KM highways built every day, Railway is being built at a rapid pace. Air traffic is increase faster than anywhere in the world, record numbers of Planes are being purchased, record numbers of airports are being made. Insite of all of this, Government has excess money to spend. This time, benefit is passed on to middle class. The benefit extended surpassed all expectations putting a very good amount of excess money in the vallate of Middle class to spend and push economy further.

 

[Lulldapull]

Just saw the newj that UP state economy alone will surpass a trillion dollars or has surpassed it already.

The real estate valuation of Bombay alone is multiple times Pakistan's entire GDP worth.

It's fair to say our leadership and establishment in Pakistan have let us down.

 

[Krishna with Flute]

Just saw the newj that UP state economy alone will surpass a trillion dollars or has surpassed it already.

The real estate valuation of Bombay alone is multiple times Pakistan's entire GDP worth.

It's fair to say our leadership and establishment in Pakistan have let us down.

A new phase of India's economic development has begun. Whatever investment comes are in multiple billions not in millions. Tata alone has ordered about 530 passenger planes so as Indigo. Ambani is building a city and going to invest around 5 lakh crore. Adani has big plans. Airbus is coming to India with all the products in its portfolio. A rapid infrastructure is taking place. Mittal is investigating 10000 crore in Gujarat. Everything big happening in India. Next 3 decades are going to be of massive economic activities.