Tesla To Source Automobile Parts Worth $1.9 Billion This Year
On Wednesday, Commerce Minister Piyush Goyal revealed that the Tesla Inc has planned to source automobile parts worth up to $1.9 billion this year from India. Basically, this move of the electric vehicle giant is set to boost the country’s automobile industry and reflects the growing interest of the global industries in India as a…
Classic Legends To Invest ₹1,000 Crore To Revamp Marketing
Classic Legends, a motorbike company backed by Mahindra, has decided to invest ₹1,000 Crore in next three years. This Investment is planned to enhance marketing distribution and the new product development strategies. However, the company plans to allocate 50% of the investment to the international market launch of the BSA bikes, while the remaining 50%…
10 Best CSOs in India 2023
Introduction “The real challenge in crafting strategy lies in detecting subtle discontinuities that may undermine a business in the future. And for that, there is no technique, no program, just a sharp mind in touch with the situation.” Chief Strategy Officers (CSOs) are a different breed of C-level executives, untapping exponential growth by aligning strategic…
Foxconn & STMicro To Tie Up For Semiconductor Plant
Foxconn Technology Group, a Taiwanese multinational electronics contract manufacturer, has recently planned to tie up with STMicroelectronics NV, which is a Franco-Italian semiconductor manufacturer. Basically, this partnership is planned to develop a semiconductor plant in India. The two companies are keen to expand their business presence in the South Asian country and hope to receive…
10 Best Chief Product Officers in India 2023: India’s Innovation Architects
According to a poll of the top product executives, just 36% had a technical background. At the same time, top chief product officers grasp the technical elements of goods and can talk and transfer knowledge with authority. As a result, they win the respect of the organisation’s engineers. They also comprehend technical foundations. Regardless of…
The Glimpse Of Global Fintech Fest 2023- Day 1
The Global Fintech Fest 2023 was started yesterday in Mumbai and aims to act as a platform for the funding of $15-$20 million for the top fintech ventures. In this global fintech fest, more than 800 speakers and more than 50,000 delegates participated. On Tuesday, Union Finance Minister, Nirmala Sitharaman spoke at the Global Fintech…
India Is On The Path To Become Third-Largest Economy
On the episode of Newstrack, Forum President Borge Brende had a discussion with Microsoft Vice-Chairman and President Brad Smith about India’s efforts to become a catalyst in establishing a new global order. Borge Brende mentioned that India will become the world’s third-largest economy in just a few years. He also said that India will surpass…
Navigating The Future with Innovations in Electric Vehicles
We often see tech-minded people talking about future cities in which they emphasise electric and automatic vehicles. Electric vehicles are gradually taking over the automobile industry, and a concrete infrastructure is required due to the constant demand for innovation in the electric vehicle industry to match evolving customer needs. Seeing electric cars on the road…
Recent Updates On The Reliance AGM 2023: Mukesh Ambani
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, disclosed several significant measures and modifications at the Annual General Meeting (AGM) held on August 28, 2023. He mentioned India’s economic progress and emphasised that the “New Reliance” is leading the way for an evolving India. He highlighted robust growth across all Reliance’s business sectors, including…