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Rising Bharat Summit, Amazon Prime, TATA Expansion, Zomato Uniform, Bitcoin Dips, Etc.

Rising Bharat Summit, Amazon Prime, TATA Expansion, Zomato Uniform, Bitcoin Dips, Etc.

Vaishali Sharma
March 21, 2024

BJP's Decade of Development: PM Modi's Reflections on India's Progress At “Rising Bharat Summit”:

PM Modi projected a vision of transformation, growth, and prosperity for India over the next five years.
He emphasised the confidence in India's potential as a global leader in the 21st century.
The Prime Minister called for aligning individual efforts with the nation's progress, strengthening the foundation of a rising Bharat.
PM Modi outlined the BJP government's roadmap for the next 25 years and plans for the first 100 days of his third term, focusing on development and governance.
He acknowledged the significant improvements in the lives of the middle class and highlighted initiatives like affordable housing and education reforms.
PM Modi reiterated India's firm stance against terrorism and emphasised the country's ability to respond effectively to security threats.
He celebrated the BJP government's achievements, including lifting millions out of poverty, economic growth, and improvements in governance and infrastructure.
PM Modi highlighted the crackdown on corruption, citing measures to curb black money and eliminate fake beneficiaries from welfare schemes.

Unlocking India's Potential: Prime Video's Strategy for 250 Million New Subscribers:

Prime Video aims to acquire the next 250 million subscribers, predominantly from outside the United States, emphasising India's pivotal role in this growth strategy.
India is identified as a key geographic area for Prime Video, with Hopkins expressing belief in India's growth trajectory in recent years, particularly in streaming television.
Indian content has garnered international attention, with shows like "Farzi," "Indian Police Force," and "The Family Man" resonating both in India and globally.
Prime Video unveiled its ambitious content slate of 40 original series and movies, reflecting its commitment to the Indian market over the next two years.
Hopkins acknowledged the importance of technology in enhancing user experience, with plans to visit Bangalore to explore innovations in server infrastructure and product development.
Prime Video is evolving into a content aggregator, offering transaction video-on-demand (TVOD) services, advertising video-on-demand content, and Mini TV (AVOD), witnessing significant growth in watch time since 2023.

Tata Motors Accelerates Expansion: INR 9,000 Crore Investment in Tamil Nadu Plant

Tata Motors plans to establish a new manufacturing facility in Ranipet, Tamil Nadu, following a surge in performance nearly equalling Hyundai's monthly retail passenger vehicle sales.
The INR 9,000 crore investment underscores Tata Motors' commitment to fortify its position in the Indian automotive market and readiness for competition.
Specifics regarding vehicles to be produced remain undisclosed, but passenger vehicles are expected to be the focus, possibly supplemented by components for commercial vehicles.
Tamil Nadu's appeal as a manufacturing hub is attributed to lower logistics costs, state incentives, a well-developed automotive ecosystem, and favorable infrastructure.
Tata Motors' investment aligns with its strategy to leverage India's growing automotive market and enhance manufacturing capabilities.
The move may also signify Tata Motors' interest in electric vehicle (EV) manufacturing, given Tamil Nadu's focus on EV infrastructure.
Despite challenges like existing ecosystem limitations, Ranipet's strategic location offers connectivity advantages within the Chennai radius.
Industry experts view Tata Motors' investment as a vote of confidence in India's automotive growth potential.
The announcement indicates an exciting phase for Tata Motors, highlighting increased competitiveness and future growth opportunities in the Indian automotive sector.

Zomato Reverts Green Uniforms Following Backlash: CEO Deepinder Goyal Acknowledges Feedback.
Massive Growth Forecast: NABARD Estimates Rs 2,43,093 Crore Credit Potential for Bihar in 2024-25.
RBI Mandates Government Business Bank Branches to Operate on March 31: Ensuring Seamless Transactions.
JSW MG Motor India Aims Big: Targets Sale of One Million Electric Vehicles by 2030.
Study Reveals India's Income Inequality Hits 100-Year High, Surpassing Colonial Era Levels.
Nokia Report: 5G Subscribers Outpace 4G Users, Consuming 3.6 Times More Data.
India Presents Case to World Bank: Pushes for Logistics Index Ranking Improvement
Hindustan Unilever Pledges Ambitious Goals: Aims for Supply Chain Decarbonization by 2039, 100% Green Energy Usage by 2030.

Japanese Yen Plummets to 16-Year Low Against Euro.
Ukraine's Foreign Minister Set to Visit India, Aiming to Advance Kyiv's Peace Plan: Report.
Ireland's Prime Minister Leo Varadkar Unexpectedly Resigns from Office.
Bitcoin Dips to Around $63,000, Extending Losses for the Third Consecutive Day