“Make in India” Tracker

The following “Investment Pledges” are being reported by various states.

Maharashtra : Rs. 8,00,000 crores = $ 110 billion

Jharkhand : Rs. 62,000 crores = $ 9 billion

Andhra Pradesh : Rs. 4,00,000 crores = $ 57 billion

TOTAL : $ 176 billion

Total Reported by Modi Government : $ 222 billion

Pledges announced by various countries:

China : $ 20 billion

Japan : $ 34 billion

USA : $ 42 billion

UAE : $75 billion

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Cheaper, faster, better…..MTNL upgrades offerings

MTNL has upgraded their unlimited offerings again. You now a choice of ADSL and FTTH (Fibre To The Home) plans ranging from 2 Mbps – 100 Mbps. Pricing ranges from Rs. 550/- per month to Rs. 6000/- per month depending your speed and data volume preferences.

Details are available on the MTNL site.

Wal-Mart enters India as a wholesaler

On Aug. 6 2007, Wal-Mart officially entered into a 50:50 joint venture with Bharti Enterprises (of Bharti Airtel fame). The company will be called Bharti Wal-Mart Private Limited. According to this post on the labnol.org site, the company will focus on the wholesale and logistical aspects of the business while Bharti Retail will handle the retail operations. The local kirana stores are in for some serious competition now – though, according to the post, Bharti Wal-Mart will sell to the kirana stores too. Sounds like a Sam’s club style operation to me. It’ll be interesting to see how this model develops in India.

Here’s the official PR announcement from Wal-Mart at prnewswire.com.