šØ Smartphones have become the India's fourth-largest export, achieving 42% growth to reach $15.6 billion in FY24.
Do you think š¤ that ,slowly slowly india is in the direction to become manufacturing hub like china?
Let's decode the Semiconductor Industry in India :
High Import Reliance:
ā¢ India depends heavily on other countries for semiconductors.
ā¢ Major suppliers: China, Taiwan, South Korea, and the USA.
ā¢ In 2023, India imported semiconductors worth ov
Zomato Q3 FY24 Results: Growth Hits a Speed Bump šØš
Zomatoās Q3 numbers are out, and the results paint a picture of slowing momentum in its food delivery business.
š Key Numbers:
- Gross Order Value (GOV): Grew by just 2% QoQ to ā¹7,318 crore,
Top News of the Day:
1. BigBasket has partnered with Tanishq to offer gold and silver coins to customers for the festive season.
2. Singapore-based startup Zinc, founded by Prashanth Ranganathan, has raised $25.5 million in seed funding.
3. Forme
Top News of the Day:
1. Elon Musk's SpaceX launches ISRO's GSAT-N2 satellite into space
2. Accel, Flipkart To Rake In 5X Returns from BlackBuck IPO.
3. The US Department of Justice is reportedly set to ask a judge to require Google's parent compan
Top News of the Day:
1. After Xiaomi smartphones, Blinkit to now deliver Smart LED TVs in 10 minutes
2. Ola, Uber most data-hungry taxi apps in India, Rapido least
3. Early-Stage B2B Tech Fund, Triton, Announces First Close of Fund II at INR 120 C
Top News of the Day:
1. Zepto to become profitable in FY26, hopeful for IPO plans next year
2. GrowX Ventures launches Fund-II, aims to raise Rs 400 crore
3. Supply-chain financing startup Mintifi Finserve has raised $180m in a Series E funding ro