Author: News Desk
https://youtu.be/aR2xp7KlkxY Prestigious SUVHyundai Motor India has exported 32,799 units of the Creta SUV in the year 2021, with a growth of 26.17% year-on-year, claims Hyundai. According to Hyundai India, this makes Creta the most exported SUV in India.“HMIL is a leading SUV exporter in India with over 2.62 lakh units sent overseas with the Creta contributing to over 93% of the total SUV exports” an official said.Hyundai currently has a footprint in 100 plus countries, forming an integral part of Hyundai Motor Company’s global export hub. HMIL saw a growth of 91% in its export orders owing to the brand’s immense…
https://youtu.be/LPwfpQmg-_U Huge growth in electronics manufacturingIndia can reach $300 billion worth of electronics manufacturing and exports by 2025-26, a new IT Ministry report said. The electronics manufacturing industry grew from $37.1 billion in 2015-16 to $67.3 billion in 2020-21, The Vision Document 2.0 by the IT ministry said. It emphasized that products segments will cover mobile phones, IT hardware, consumer electronics, wearables and hearables, LED lighting etcShift in strategyAccording to the document, there is a complete shift in strategy to “Make in India for the World”.India’s domestic electronics market is estimated to reach $150-180 billion over the next 4-5 years. This…
Six Indian IT firms shineTata Consultancy Services (TCS) has become the second most valuable brand in the IT services sector globally. At the same time, Infosys and four other Indian tech majors have firmly established their position among the top 25 IT services brands.Following TCS and Infosys (third spot), there are four more Indian brands now firmly established among the global elite – Wipro (7th), HCL (8th), Tech Mahindra (15th) and LTI (22nd), as per the Brand Finance IT Services 25 2022 report. All six Indian brands feature among the top 10 fastest-growing IT Services brands over the course of…
Realme is the winnerIndia’s smartphone market saw 12 per cent growth in 2021. This helped in reaching record 162 million shipments, according to research firm Canalys. Realme emerged winner in the fourth quarter of 2021, which climbed the number three spot in the overall list of smartphone vendors. It was also the only company which saw positive annual growth in the top five list, while the others all witnessed decline.Due to the second Covid pandemic wave, India had a tough start to 2021, the report said.Xiaomi remained the market leader for the fourth quarter of 2021. But its annual growth…
1o,000 Hero Nyx by 2023 Hero Electric has said it has partnered with ALT Mobility, a dedicated platform for leasing of electric vehicles for the logistics market, to deploy its electric two-wheeler Hero Nyx. Under the collaboration, the companies will work with logistic aggregators and fleet operators to deploy 10,000 Hero Nyx electric scooters by 2023, a media report said. “This association will aid us in enabling carbon-free mobility in the logistics market and cater to consumer needs of last-mile delivery offered by ALT Mobility,” Hero Electric CEO Sohinder Gill said. With the changing market scenario and increased preference for…
Free market policy India is the sixth-largest economy in the world with a GDP of $3.05 trillion. It is more than double the GDP it had when the country first joined the BRICS group of emerging economies in 2009 at $1.3 trillion. BRICS countries include Brazil, Russia, China and later South Africa). India has major industries and companies which are driving this growth in GDP. Let’s have a look at the top 10 biggest companies in India. India’s growth to one of the world’s most powerful economies came extremely quickly. The country’s free market policies and wide cultural reach helped…
Supercomputer for MetaverseFacebook’s parent company Meta has announced that it was launching one of the world’s most powerful supercomputers to boost its capacity to process data, despite persistent disputes over privacy and disinformation. The US tech giant said the array of machines could process images and video up to 20 times faster than their current systems.”The experiences we’re building for the metaverse require enormous compute power (quintillions of operations / second!),” wrote Meta chief Mark Zuckerberg on Facebook, referring to his idea of a 3D internet where users don virtual reality headsets and sensor equipment to create an immersive experience.The…
https://youtu.be/wc_TMLwKfXU AMOLED display Redmi Note 11S India will be launched on February 9. The new Redmi phone is also believed to have quad rear cameras. The Redmi Note 11S is expected to come with an AMOLED display. Alongside the Redmi Note 11S in India, Xiaomi is currently busy preparing the launch of its global Redmi Note 11 series. Expecting Quad rear camera Xiaomi has shared a teaser image that shows the Redmi Note 11S from its back — revealing the quad rear camera setup. It appears to have a 108-megapixel primary sensor. The teaser also suggests that the new Redmi…
https://youtu.be/-ckx0TnHFGA Two variants launchedIndian lifestyle e-mobility startup VAAN Electric Moto Pvt Ltd has launched its electric bicycle in India. The e-bike is available in two variants- Urbansport and Urbansport Pro.The bikes are priced at Rs 59,999 and Rs 69,999 respectively Target of 8-10k cyclesVAAN says that a full charge would require just half a unit of electricity, costing around Rs 4-5. The removable battery pack requires 4 hours for a full charge. The bikes will initially go on sale in Kochi, then Goa, Bangalore, Mumbai, Hyderabad and Delhi in the future. The company is initially targeting sales of 8,000 to 10,000 cycles…
India, leading the wayDigital infrastructure sector needs investment of up to USD 23 billion by 2025, to support the growing demand of digital services and rising online traffic, according to a new report.The EY joint report was released recently in collaboration with Digital Infrastructure Providers Association (DIPA). It shared data projection for investment required in physical digital infrastructure which is vital for connecting people online by 2025. “Whether it is health tech, edutech, consumer tech India is leading the way. We will see USD 200 billion e-commerce market, USD 12 billion edutech market,” EY emerging markets TMT leader Prashant Singhal…