Articles for tag: Apple, Billion, Driving, Electronics, Exports, Fueled, Future, Hopes, Indias, Soar, vendors

Market News

India’s electronics exports soar 21.8%, fueled by Apple and vendors, driving hopes for a 0 billion future by 2030.

India’s electronics exports soar 21.8%, fueled by Apple and vendors, driving hopes for a $200 billion future by 2030.

Electronics exports from India surged by 21.8 percent from April to August 2024, reaching $13.57 billion, primarily driven by mobile devices. Mobile device exports alone accounted for $7.56 billion, making up over half of total electronics exports. Key players in this growth include Apple Inc. and its Indian vendors—Foxconn, Tata, and Pegatron—who contributed 67 percent ...

Market News

Tata Power’s Odisha Discoms award ₹11,481 crore in contracts, empowering local vendors and transforming the region’s economy.

Tata Power’s Odisha Discoms award ₹11,481 crore in contracts, empowering local vendors and transforming the region’s economy.

Tata Power-led Odisha Discoms have made a significant investment by awarding contracts worth Rs 11,481 crore to local contractors and suppliers. Over the past three years, these contracts have focused on supporting local businesses, with Rs 8,690 crore going to micro, small, and medium enterprises (MSMEs) and Rs 2,791 crore to larger firms. The contracts ...

Market News

RBI Proposes Same-Day Loans for Vendors: A Bold Step Toward Inclusion

RBI Proposes Same-Day Loans for Vendors: A Bold Step Toward Inclusion

The Reserve Bank of India (RBI) is encouraging fintech companies to consider offering “same-day” loans specifically designed for street vendors and hawkers. These loans would allow borrowers to receive and repay funds within 24 hours, aiming to enhance financial inclusion for individuals at the lower end of the economic spectrum. However, sources indicate that interest ...

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