Welcome to the July 2021 edition of our newsletter, bringing you important policy and high-impact news about India.
We hope you find it useful.
A Forum for Indian Businesses in North East USA
(Covering: Connecticut, Maine, Massachusetts, New Hampshire,
New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Vermont)
Prime Minister addresses CoWIN Global Conclave 2021
The Prime Minister, Shri Narendra Modi on July 5 2021 addressed the CoWin Global Conclave as India offered CoWIN platform as a digital public good to the world to combat COVID19.
CoWIN goes global: India makes tech open source, 142 nations show interest
India is making its digital platform for Covid19 vaccination drive, CoWIN, open-source for all countries to access, adapt and use. This is perhaps the first time that any country is making a software platform developed by its public sector open for the world.
Output from India's eight core industries grew 16.8% in May 2021, with six sectors reporting significant positive growth due to the base effects from May 2020 when the country was in the middle of a national lockdown.
RIL's gigafactory-sized ambition for hydrogen could be a game changer
Asia’s richest person, Mukesh Ambani, has a $10 billion plan to scale up zero-carbon hardware in India. Reliance Industries, the oil- and refining-heavy conglomerate that he controls, intends to develop four huge “giga factories” to manufacture photovoltaic modules, batteries, fuel cells, and—importantly—electrolyzers to produce hydrogen.
Dell, Wistron & Foxconn among companies okayed under PLI scheme for IT hardware: Meity
Multinational companies Dell, ICT (Wistron), Flextronics, Rising Stars Hi-Tech (Foxconn) and domestic companies like Lava, Dixon and Optimeous are among 14 companies to have been approved under the production linked incentive scheme (PLI) for IT hardware which is expected to draw additional investments of $378.34 million.
