Modi govt's thrust on manufacturing is much-needed but it is pushing Indian manufacturing in the direction of outsourcing, same as our services industry.
Although, Tata Tech, which provides engineering and product development services, will not offer any of its shares, representing 23.6% of its paid-up share capital, to be sold in the IPO.
The move pits Tata against LVMH's Sephora and Indian rival Nykaa for a share of the fast-growing $16 billion beauty & personal care market in the world's 2nd most populous country.
Greens have a sizeable support in the Western countries with clean air and blue skies, but not in India, where poisonous air, water and soil kill millions.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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