India Positive - November 27, 2020
- January 6, 2021
Over 50,000 Ayushman Bharat Health and Wellness Centres operational across country
More than 50,000 Ayushman Bharat-Health and Wellness Centres (AB-HWCs) aimed at providing primary health care services to communities are operational across India. With more than 50,000 centres being developed, one-third of the goal has been accomplished. This has contributed to increased access, to quality primary healthcare services.
India’s IRNSS is now part of World-Wide Radio Navigation System
The Indian Regional Navigation Satellite System (IRNSS) is now part of the World Wide Radio Navigation System (WWRNS) for operation in the Indian Ocean Region by the International Maritime Organization (IMO), enabling merchant vessels to use IRNSS for obtaining position information similar to GPS to assist in the navigation of ships in ocean waters.
Paytm Becomes The Largest LPG Cylinder Booking Platform In India
Paytm becomes the largest LPG cylinder booking platform in India; Registered over 5 million bookings, within a year of launching the LPG cylinder bookings service. The easy booking process of the app has attracted more repeat clients to Paytm.
India's mobile phone exports may touch a record US$ 1.5 billion in 2020: Study
Mobile phone exports in India are expected to reach a record of US$ 1.5 billion in 2020, of which 98% are expected to be smartphones. From January to September 2020, a total of 12.8 million cell phones were exported from India, according to the research firm TechArc. Out of the total, 10.9 million were smartphones.
Momentum of economic reforms will continue, FM assures industry
Momentum of economic reforms will continue to transform India a global investment hotspot assured Finance Minister, Mrs. Nirmala Sitharaman. India has transformed the crisis created by the COVID-19 pandemic into an opportunity to drive through decades-old economic reforms, she said, addressing the 2020 National MNC Conference organised by the CII Chamber of Industry.
India net exporter of agri-machinery equipment to some advanced countries: EEPC
India has emerged as a net exporter of agri-machinery to the advanced countries such as the US, the UK, Germany, and Italy, according to Engineering Export Promotion Council (EEPC) India. India exported agri-machinery worth US$ 782.93 million to the United Kingdom, North America, Eastern Europe, the EU, Africa, ASEAN, and SAARC in 2019-2020.
US$ 271 billion consumer spending to shift from cash to cards, digital payments by 2023 in India: Accenture
Consumer spending worth US$ 270.7 billion is projected to move from cash to cards and digital payments in India by 2023. With newer players introducing their payment deals and growing acceptance of 'Buy Now Pay Later' programmes, she said, customer service and convenience are bound to dramatically improve.
India successfully test-fires land-attack version of BrahMos supersonic cruise missile
India has successfully test-fired land-attack version of BrahMos supersonic cruise missile, as part of a series of planned trials of the weapon.
India's two-wheeler exports to see sustained growth in H2 FY22: Ind-Ra
Two-wheeler exports in India is expected to see sustained growth in the second half of FY22, according to India Ratings and Research. Indian two-wheeler manufacturers such as Bajaj Auto and TVS Motor Co will benefit from their export-focused business model, with exports accounting for almost 49% and 26% of their total sales volume, respectively, in the first half of FY21.
COVID-19 vaccine: India Aatmanirbhar for syringes, says industry
India is self-reliant for syringes, according to All India Syringe & Needle Manufacturers Association (AISNMA). An industry body of syringe and needle producers stated that it has written to Prime Minister Mr. Narendra Modi offering an additional capacity of over 350 million syringes per month, depending on the requirements of the COVID-19 vaccination programme.
India may attract US$ 120-160 billion worth investments per year: CII and EY report
India is expected to attract foreign direct investment (FDI) of US$ 120 billion – US$ 160 billion per year by 2025, according to CII and EY report. It reported that in terms of attractiveness, investors ranked India third; at least 80% have plans to invest in India in the next two to three years, and nearly 25% reported investments worth more than US$ 500 million.
Cabinet approves FDI of Rs. 2,480.92 crore in M/s. ATC Telecom Infrastructure Private Limited by M/s. ATC Asia Pacific Pte. Ltd.
Cabinet Committee on Economic Affairs has approved foreign direct investment (FDI) inflow of Rs. 2,480.92 crore (US$ 335.47 million) in ATC Telecom Infrastructure Pvt Ltd by ATC Asia Pacific Pvt Ltd.
EPFO conferred with Platinum Partner Award for highest transactions on UMANG App
Employees' Provident Fund Organisation (EPFO) has been conferred with Platinum Partner Award for registering >25 lakh transactions on UMANG App.
Wearables shipments in India jump 165% in September quarter: Report
Wearables shipments in India increased by 165% in September quarter, driven by the rising demand for fitness watches and earwears. According to International Data Corporation (IDC), a total of 11.8 million wearables were delivered in the third quarter.
FMCG industry sees signs of recovery in Sep quarter: Nielsen
The fast-moving consumer goods (FMCG) sector has showed signs of recovery in the September quarter, increased by 1.6% on year-on-year basis. The growth in the fast-moving consumer goods (FMCG) sector mirrored the positivity seen in the overall macroeconomic scenario as the economy opened up and lockdown restrictions relaxed. Businesses reopening with the pandemic reaching manageable levels supported the recovery.
Partners
