India Emerges as the Most Favourable Destination Even in a Pandemic

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#Google CEO #SundarPichai announced a new $10 billion Google for India Digitization digitisation fund on July 13 to help accelerate India’s digital economy. @narendramodi @sundarpichai

A post shared by R A J (Rajesh Kumar) (@marketingbyraj) on Jul 13, 2020 at 2:42am PDT

Recent Investments (April-July, 2020)

1. Company –Google

Investment Amount –10 billion dollars

1. Company –Walmart

Investment Amount –1.2 billion dollars

1. Company –Foxconn (Apple Inc. Supplier)

Investment Amount –1 billion dollars

1. Company –Facebook

Investment Amount – The world’s largest social media company invests 5.7 billion dollars in India’s Reliance Jio Platforms. It is Facebook’s biggest single investment in another company.

1. Company –Qualcomm Ventures

Investment Amount –97 million dollars

1. Company –Thomson

Investment Amount –142.8 million dollars

1. Company –We Work Global

Investment Amount –100 million dollars

1. Company –Hitachi

Investment Amount –15.9 million dollars

1. Company –Kia Motors

Investment Amount –54 million dollars

1. Company –Saudi Arabia’s PIF

Investment Amount –1.6 billion dollars

1. Company –Hyundai Mobis

Investment –Hyundai Mobis expands its technical centre in India to strengthen software development of future vehicles. Through this expansion, the company aims to strengthen its R&D activities in India, particularly software development for autonomous vehicles[11].

1. Company – SGS

Investment – SGS is Amazon’s trusted partner in quality packaging and is one of the world’s leading inspection, verification, testing and certification company. The company opens its first accreditation testing lab in India along with labs in other parts of the world which are Cestas in Bordeaux, France and Appleton in the US

1. Company –Axtria

Investment –Axtria, a global leader in cloud software and data analytics for the life sciences commercial business, further expands its presence in India and opens its first delivery centre in south India. The big data analytics and cloud software giant is creating new employment opportunities to meet increasing market demand in India

1. Company –f5

Investment – f5, a company providing solutions to App based platforms, opens its first centre in India. After successful launches in Sydney, Australia, and Hong Kong, it opens its first centre in India.

1. Company –Tsuzuki

Investment – Tsuzuki one of the leading Japanese electronics company, opens a brand-new plant at Reliance’s Model Economic Township in Jhajjar, Haryana, India.

1. Company – Samsung

Investment –The South Korean giant now has started manufacturing their entire range of 18 smartwatches in India. The company which has its largest smartphone manufacturing facility in Noida, has also launched a new 4G-enabled smartwatch that will be manufactured locally.

[1] https://indianexpress.com/article/explained/google-10-billion-usd-investment-in-india-explained-6505026/#:~:text=Tech%2Dgiant%20Google%20Monday%20announced,accelerate%20digitisation%E2%80%9D%20in%20the%20country.

[2] https://www.livemint.com/companies/news/walmart-leads-1-2-bn-investment-in-flipkart-at-near-25-billion-valuation-11594726660007.html

[3] https://www.timesnownews.com/business-economy/companies/article/foxconn-to-invest-1-billion-in-india-amid-apples-gradual-production-shift-from-china/619706#:~:text=Foxconn%20aims%20to%20invest%20in,%241%20billion%20in%20the%20country.

[4] https://techcrunch.com/2020/04/21/facebook-reliance-jio/

[5] https://techcrunch.com/2020/07/12/qualcomm-to-invest-97-million-in-indias-reliance-jio-platforms/

[6] https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/thomson-to-invest-rs-1000-cr-in-indian-market-over-next-5-years/76466223#:~:text=New%20Delhi%20%3A%20Television%20brand%20Thomson,company%20said%20in%20a%20statement.

[7] https://m.economictimes.com/small-biz/startups/newsbuzz/wework-global-to-invest-100-million-in-wework-india/articleshow/76218667.cms

[8] https://www.japantimes.co.jp/news/2020/07/13/business/corporate-business/hitachi-trains-india/#:~:text=NEW%20DELHI%20%E2%80%93%20Hitachi%20Ltd.’,billion%20rupees%20(%2415.9%20million)

[9] https://www.thehindu.com/news/national/andhra-pradesh/kia-motors-india-to-invest-409-cr-in-expansion-project/article31699040.ece#:~:text=The%20KIA%20Motors%20India%20will,Mee%20Suchana’%20programme%20on%20Thursday.

[10] https://www.moneycontrol.com/news/business/jio-pif-deal-all-you-need-to-know-about-saudi-arabias-pif-the-latest-investor-in-jio-platforms-5423231.html

[11] https://www.prnewswire.com/news-releases/hyundai-mobis-expands-its-technical-center-in-hyderabad-india-to-strengthen-software-development-of-future-vehicles-301039782.html

[12] https://www.sgs.com/en/news/2020/05/sgs-expands-network-of-ista-labs-and-adds-ista-6-amazon-certification-testing

[13] https://insights.axtria.com/press-release-axtria-expands-to-south-india-with-a-new-bengaluru-delivery-center

[14] https://www.f5.com/company/news/press-releases/f5-expands-silverline-managed-services-offerings-in-india-with-new-point-of-presence-to-improve-application-security-for-customers

[15] https://www.livemint.com/companies/news/tsuzuki-to-set-up-plant-at-reliance-s-model-economic-township-in-jhajjar-11594546228950.html

[16] https://economictimes.indiatimes.com/tech/hardware/samsung-starts-manufacturing-smartwatches-in-india/articleshow/76872729.cms#:~:text=With%20Galaxy%20Watch%20Active2%204G,Singh%20said%20in%20a%20statement.