Indian Economy (36 Viewers)

Doreamon said:
I cnt say . I am talking about property tax only .. GST is separate . It ll vary . Situation in small cities in India is really bad .. In state capitals and big cities they have atleast maintained to some extend . My parents still talk about how dirty vrindavan was when they visited last time few years back and it's one of the most visited tourist spot of India .
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Vrindavan looks like post war Syria. They also stopped the Metro bus service I believe.


liberalredditor said:
saar govt taking maharashtra, south money and giving everything to cow belt saar

View attachment 42125

mumbai bmc idiots didnt even apply for it as they wouldnt get their cut
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Mumbai Corporation have enough money to buy E-buses. But looks like they are trying to do some scam and TATA motors fought a case in Courts.

I am looking forward to this Adani-CATL Partnership. Let's see anything meaningful coming.
 

View: https://x.com/theupindex/status/1941103683703603352
The biggest one was from Avaada Group.Avaada is coming up with two integrated solar cell and module manufacturing plants in Greater Noida and Hathras.Govt also approved a front-end subsidy of Rs 252.92 Cr for its 50 acres plant in Greater Noida.Total investment ~ Rs 11,399 Cr



Second biggest proposal approved was from Sael Solar.Sael Solar to invest Rs 8,000 Cr for solar cells manufacturing plant in Gautam Buddh Nagar.200 acres land for this project is being allotted to Sael.
[URL='https://x.com/theupindex/status/1941103693287526598/photo/1']


United Breweries, India's largest beer company, has proposed to invest Rs 736 Cr for beer manufacturing plant in Unnao.Heineken NV, the owner of UB, did location survey of 50 acres land parcel at IMLC-Unnao some time back.
[URL='https://x.com/theupindex/status/1941103698048094257/photo/1']


Next proposal approved is from UltraTech Cements.Birla group's UltraTech Cements is coming up with a 3 million tonnes per annum capacity cement plant at Meeranpur Katra in Shahjhanpur.Investment ~ Rs 717 Cr
[URL='https://x.com/theupindex/status/1941103702124949720/photo/1']


Last one is by IDVB Recycling Operations.IDVB to invest Rs 458 crores for a plastic recycling plant in Khimsepur Industrial Area of Farrukhabad.UPSIDA has allotted 20 acres land for the project.Employment generation ~ 600
[URL='https://x.com/theupindex/status/1941103706927485071/photo/1'][/URL][/URL][/URL][/URL]
 
sauntheninja said:
What exactly is this venture? Adani will start whitelabelling CATL batteries and sell them to Indian EV Companies?
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well i have talked about this in the past too, rinfra wanted to go with full scale byd collab from batteries to car production line and selling them here to exporting. but i heard that car plans have shut down and battery production plans are on, byd and rinfra will make batteries in maharashtra.
 
eastern_bhartiya said:

Automobile is one industry that can employ a lot of people. We need growth in this sector. What could be the reason for this @ezsasa
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mate, for clarification.
why do i get the impression from your statements, you are newly discovering the operative part of how real India functions, but you assume what you think you know is all there is to how India works.

don't mind me asking, are you still in education phase or you are already into a profession?
so that i know how much depth i have to go when answering.
 
liberalredditor said:
they come here every year and pay 2 cr base and 2 cr bonus ie 4cr ctc for london office, they are the biggest scum
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liberalredditor said:
rinfra executives went to china so many times, they are planning this with byd
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I am pretty sure Indian startups would soon make top class batteries for EV. VC investment into Indian battery startups has crossed $500 million+ and overall EV tech to more than $2 billion. Investments are in everything - from newer magnet free motors to EV drivetrains. I am not sure Tata, Mahindra, Maruti Suzuki and other mainstream auto companies would buy batteries from Adani and Ambani companies especially when the underlying tech is unsafe Chinese ones. Indian companies operate at higher quality than the Chinese companies - a reason made in India car brands have a lot higher brand value than any Chinese auto maker. India will displace China as the tech center for EV magnets, battery tech and pretty much a lot of EV components very soon - by 2030. Just like Indian 2 wheeler and 3 wheeler companies kicked out the poor quality Chinese companies, they will do so in automobiles or any market where human safety is a pre-req like in pharmaceuticals or food processing or skincare.
 
ezsasa said:
mate, for clarification.
why do i get the impression from your statements, you are newly discovering the operative part of how real India functions, but you assume what you think you know is all there is to how India works.

don't mind me asking, are you still in education phase or you are already into a profession?
so that i know how much depth i have to go when answering.
Click to expand...
kejriwal bhaiya is going to graduate in 2026, so he is still in education phase
 
liberalredditor said:
kejriwal bhaiya is going to graduate in 2026, so he is still in education phase
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in that case, if i use the same extrapolative logic he frequently uses, it's rather unfortunate that education system and society at large is promoting entitlement ahead of curiosity.
 
Last edited:
ezsasa said:
mate, for clarification.
why do i get the impression from your statements, you are newly discovering the operative part of how real India functions, but you assume what you think you know is all there is to how India works.

don't mind me asking, are you still in education phase or you are already into a profession?
so that i know how much depth i have to go when answering.
Click to expand...
In education
 
eastern_bhartiya said:

Automobile is one industry that can employ a lot of people. We need growth in this sector. What could be the reason for this @ezsasa
Click to expand...

automobile sector is an established sector since they have been here for decades, and have seen so many ups and downs. established in the sense, they have strong market, market research, distribution networks, supplier network etc. there is hardly anything new that outsiders have to tell them, except in terms of customer feedback.

because they are so vast, they are slow to react to market demand.

as for that news article, their business is pretty much cyclical now, last major shock they got was supreme court judgment on BS4 engines.
 
ezsasa said:
automobile sector is an established sector since they have been here for decades, and have seen so many ups and downs. established in the sense, they have strong market, market research, distribution networks, supplier network etc. there is hardly anything new that outsiders have to tell them, except in terms of customer feedback.

because they are so vast, they are slow to react to market demand.

as for that news article, their business is pretty much cyclical now, last major shock they got was supreme court judgment on BS4 engines.
Click to expand...
Do you think, pollution regulations or the issue of our cities becoming denser by the day will have effect on automobile sales ?
 
eastern_bhartiya said:
Do you think, pollution regulations or the issue of our cities becoming denser by the day will have effect on automobile sales ?
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@crazywithmath had written good evidence based posts on this in the previous forum.

on the policy side, as mentioned earlier supreme court already takes it seriously. they are super eager to stop infra development for a few trees and recently you have seen them order of confiscating end of life vehicles in NCR at the inconvenience of the public.

there are enough activists in the country, who are paid by foreign NGOs to keep an eye on pollution. opinions of yours and mine do not matter, only NGO activist opinions matter to supreme court.
 
ezsasa said:
@crazywithmath had written good evidence based posts on this in the previous forum.

on the policy side, as mentioned earlier supreme court already takes it seriously. they are super eager to stop infra development for a few trees and recently you have seen them order of confiscating end of life vehicles in NCR at the inconvenience of the public.

there are enough activists in the country, who are paid by foreign NGOs to keep an eye on pollution. opinions of yours and mine do not matter, only NGO activist opinions matter to supreme court.
Click to expand...
Quoting to thread my take in this discussion.

Automotive sector is not just cars. Its a full scale ecosystem which interacts with a lot of other industries. No other industry has so many touchpoints in that many industries. So, its actually appaling to witness sluggish growth in PV market.

To those who may want to do some data analysis here is the json of the dataset. All the data is from autopunditz or teambhp. Please note: they sometimes revise a few hundreds up and down for back months.

{
"dataset": "India Passenger Vehicle Sales",
"period": "August 2020 - May 2025",
"frequency": "Monthly",
"unit": "Vehicles Sold",
"data": [
{"month": "2020-08", "sales": 233755},
{"month": "2020-09", "sales": 292558},
{"month": "2020-10", "sales": 333093},
{"month": "2020-11", "sales": 285972},
{"month": "2020-12", "sales": 276381},
{"month": "2021-01", "sales": 303387},
{"month": "2021-02", "sales": 308592},
{"month": "2021-03", "sales": 320480},
{"month": "2021-04", "sales": 286622},
{"month": "2021-05", "sales": 103342},
{"month": "2021-06", "sales": 255397},
{"month": "2021-07", "sales": 289148},
{"month": "2021-08", "sales": 256707},
{"month": "2021-09", "sales": 184430},
{"month": "2021-10", "sales": 258714},
{"month": "2021-11", "sales": 244711},
{"month": "2021-12", "sales": 253829},
{"month": "2022-01", "sales": 290097},
{"month": "2022-02", "sales": 295076},
{"month": "2022-03", "sales": 311761},
{"month": "2022-04", "sales": 283866},
{"month": "2022-05", "sales": 286618},
{"month": "2022-06", "sales": 314223},
{"month": "2022-07", "sales": 334166},
{"month": "2022-08", "sales": 324805},
{"month": "2022-09", "sales": 354220},
{"month": "2022-10", "sales": 335947},
{"month": "2022-11", "sales": 322062},
{"month": "2022-12", "sales": 275130},
{"month": "2023-01", "sales": 345805},
{"month": "2023-02", "sales": 334245},
{"month": "2023-03", "sales": 335976},
{"month": "2023-04", "sales": 331509},
{"month": "2023-05", "sales": 334499},
{"month": "2023-06", "sales": 327544},
{"month": "2023-07", "sales": 351908},
{"month": "2023-08", "sales": 360230},
{"month": "2023-09", "sales": 362836},
{"month": "2023-10", "sales": 390853},
{"month": "2023-11", "sales": 334868},
{"month": "2023-12", "sales": 287204},
{"month": "2024-01", "sales": 393471},
{"month": "2024-02", "sales": 372178},
{"month": "2024-03", "sales": 369381},
{"month": "2024-04", "sales": 337070},
{"month": "2024-05", "sales": 349057},
{"month": "2024-06", "sales": 339418},
{"month": "2024-07", "sales": 343026},
{"month": "2024-08", "sales": 354273},
{"month": "2024-09", "sales": 358879},
{"month": "2024-10", "sales": 397947},
{"month": "2024-11", "sales": 351592},
{"month": "2024-12", "sales": 321345},
{"month": "2025-01", "sales": 401538},
{"month": "2025-02", "sales": 380691},
{"month": "2025-03", "sales": 385860},
{"month": "2025-04", "sales": 353449},
{"month": "2025-05", "sales": 349713}
]
}
 
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