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India’s hardworking middle class is at the heart of our growth journey: PM Modi on GST reforms
New Delhi, Sep 4: Prime Minister Narendra Modi on Thursday said that India’s hardworking middle class is at the centre of the country’s growth story. Sharing a post by Dixon Technologies Chairman Sunil Vachani, the Prime Minister highlighted how the new Goods and Services Tax (GST) reforms will make essential products and appliances like TVs and air conditioners more affordable. “Through historic income tax cuts and now #NextGenGST reforms that make products like TVs, ACs and everyday essentials more affordable, we are committed to enhancing ease of living and supporting the aspirations of crores of families,” PM Modi said on social media platform X. The Prime Minister also called the GST rationalisation a game-changer for manufacturers. PM Modi said that the simplified slabs of 5 per cent and 18 per cent, along with lower input costs and faster digital compliance, will boost the demand for ‘Made in India’ products. The Prime Minister further emphasised the importance of small businesses in the economy, calling MSMEs the backbone of India’s growth and job creation. “From easier credit to wider market access, every reform has been aimed at strengthening small and medium businesses.
cityfalcon.com·4d ago
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India-China business thaw: Firms accelerate JV talks after PM Modi-Xi meet
Following improved ties between India and China, companies are swiftly pursuing joint ventures in electronics and automobiles. Haier's stake sale gains momentum, while Dixon Technologies advances its JV for precision components. The auto sector anticipates eased import restrictions, and Ashok Leyland partners with CALB Group for battery development, signaling increased optimism among Chinese technology investors.
cityfalcon.com·5d ago
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As tensions wind down, Sino-Indian tieups put buzziness back in business
Following the recent meeting between Prime Minister Modi and President Xi, Indian and Chinese companies are actively pursuing joint ventures in sectors like electronics and automobiles. Haier's stake sale in its Indian subsidiary is gaining momentum, while Dixon Technologies anticipates approvals for joint ventures. The auto sector expects eased import restrictions, fostering a positive sentiment among Chinese companies towards India.
cityfalcon.com·6d ago
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Semiconductor Stocks Extend Rally After PM Modi Reaffirms ‘Made In India’ Chip By Year-end
Major players like Moschip and CG Power have rallied significantly over the past three sessions, made in india, atmanirbhar bharat
Stocktwits·6d ago
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Breakout Radar: Tata Motors, Dixon Tech, Chennai Petro, Ugar Sugar Poised For Upside, Say SEBI Analysts
Tata Motors is nearing an inverted head-and-shoulders breakout, while Dixon, Chennai Petro and Ugar Sugar are riding volume-backed patterns.
Stocktwits·6d ago
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Dixon overtakes rivals as India's top smartphone maker; Foxconn surges on iPhone exports
India's smartphone manufacturing shipments rose 15% year-over-year in the second quarter of 2025, driven by higher exports and domestic demand, according to Counterpoint Research. Dixon Technologies led the market for the first time by volume, though intensifying competition from rivals signals shifting dynamics in the country's EMS landscape.
cityfalcon.com·7d ago

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