“There’s been huge growth in manufacturing investment of late. I can see the green shoots of investment coming back to India in a big way particularly private investment,” Goyal said at the Global Unicorn Summit organised by the Confederation of Indian Industry.
Cloudtail has disappeared from Amazon’s platform. There are currently no listings under the giant seller, which was crucial to Amazon’s early success in India.
“There are funds that have raised a lot of money and India's seeing a lot of high-quality startups,” he said. “Early-stage valuations in India have not corrected. Maybe it will come down a little but right now, it's still quite expensive.”
“There are funds that have raised a lot of money and India's seeing a lot of high-quality startups,” he said. “Early-stage valuations in India have not corrected. Maybe it will come down a little but right now, it's still quite expensive.”
ET reported on Thursday that Apple's contract manufacturers are expected to make iPhones worth ₹47,000 crore in India this fiscal, the second year of the production linked incentives (PLI) scheme that started in April. This will be almost five times the ₹10,000 crore worth of iPhones made in the country in FY22 by Foxconn and Wistron.
ET reported on Thursday that Apple's contract manufacturers are expected to make iPhones worth ₹47,000 crore in India this fiscal, the second year of the production linked incentives (PLI) scheme that started in April. This will be almost five times the ₹10,000 crore worth of iPhones made in the country in FY22 by Foxconn and Wistron.
“We are really excited about the momentum and the growth in India, and I know that with our AR platform, in particular, it's been amazing to see so much enthusiasm from the community there,” Murphy said.