Tag Archives: india

Apple is poised to become a major job creator in India, with plans to generate nearly half a million jobs in the country over the next three years through its vendors and component suppliers, according to government sources as reported by PTI.

OpenAI, led by Sam Altman, has made a significant stride in its Indian operations by appointing Pragya Misra as its inaugural employee in the country. With a diverse background spanning technology policy, public affairs, and strategic partnerships, Misra is poised to play a crucial role in OpenAI's expansion and engagement in India.

Nestle, a leading consumer goods company, has come under scrutiny for adding approximately 3 grams of sugar to each serving of Cerelac baby products sold in India. This practice contrasts starkly with their products in developed nations, where sugar-free options are available.

Prime Minister Narendra Modi has reiterated India's stance on indigenous production, emphasizing the importance of local manufacturing in light of global investment interests, including those of Elon Musk's Tesla. In an interview with ANI, PM Modi underscored the need for investments to align with India's ethos and contribute to the nation's employment opportunities, particularly for its youth.

In a positive economic outlook, the Asian Development Bank (ADB) has revised India's GDP growth forecast for the current fiscal year to 7%, up from the previous estimate of 6.7%. This upward revision reflects ADB's confidence in India's robust growth trajectory, driven by investments and improved consumer demand.

India's retail inflation has hit a 10-month low, standing at 4.85% for the month of March 2024, compared to 5.09% in the previous month. This decline, below earlier predictions, marks a significant easing in inflationary pressures.

Tesla CEO Elon Musk's upcoming visit to India is poised to be a whirlwind of activity, with significant announcements and high-profile meetings on the agenda. Scheduled to last around 48 hours, Musk's visit is set for April 21 and 22, during which he will engage with Prime Minister Narendra Modi, government officials, industry representatives, and unveil ambitious plans for the Indian market.

The anticipated arrival of billionaire Elon Musk in India has triggered speculations about Tesla's imminent investment plans for the country's electric vehicle (EV) market. Musk's visit is expected to mark a crucial phase in finalizing Tesla's entry into India, with potential announcements regarding investment plans and the establishment of manufacturing facilities.

Elon Musk, the CEO of Tesla, has emphasized the significance of India's transition to electric vehicles (EVs) by stating that it's a "natural progression" for Tesla to provide electric cars in India, just like in other countries. This statement comes amid Tesla's strategic plans to establish a manufacturing presence in India and contribute to the country's burgeoning electric mobility landscape.

Tesla has initiated the production of right-hand drive cars at its German plant for export to India, marking a significant step towards its potential entry into one of the world's largest car markets. This move comes as Tesla continues to focus on expanding its global presence and tapping into new markets.