Overseas Investment Winter For India Inc.
The new liberalised regime for investing abroad is yet to make an impact, thanks to a global slowdown.
The new liberalised regime for investing abroad is yet to make an impact, thanks to a global slowdown.
About 33% CEOs in India and 39% CEOs globally have already implemented a hiring freeze, says KPMG.
39% of global CEOs have already implemented a hiring freeze, says survey.
The rising burden of non-communicable diseases like cancer, diabetes, heart illnesses, etc, will cost India $4.58 trillion by 2030, says the KPMG report.
The medical devices sector is 70-80% import dependent in India.
Inflation will come down from 6.2% in 2021 to 5.4% in 2022 and 4.5% in 2023, says KPMG.
Current green hydrogen production costs range anywhere between ₹320 and ₹330 per kilogram in India.
The push to build infrastructure via investments in core areas such as national highways is likely to pay rich dividends.
Overall, this Budget has many positives for the sector. Hopefully, there will be a few more mini Budgets going forward to fully accomplish the sector's growth potential.
The India Mobile Congress saw the focus shift to the debate on 5G technology and the inherent resilience of Indian telecom industry to withstand the onslaught from the pandemic.