Tata Motors: CLSA expects a sharp uptick in volume in FY24 driven by a strong order backlog
According to the Shanghai Automobile Dealers Association, not a single vehicle was sold for the whole month of April while in the normal course, about 4,000 vehicles are sold daily in the city.
The government late last year unveiled a $10 billion incentives plan, offering to cover as much as half of a project's cost, to lure display and semiconductor fabricators to set up base in India
The government hopes to learn from two failed attempts in 2007 and 2013 to attract fab manufacturers to India but it's up against some stiff challenges
The firm operates in the mid-power segment worth $15-20 billion, and is designing a chip targeted for vision applications like surveillance, industrial automation and IoT
Nine of the top 10 companies in 2015 remained in the top 10 in 2016
In Feb 2014, the Union Cabinet had approved two electronic chip manufacturing plants for a total of Rs 63,410 cr