EQ Saturday Sapience #44
Equity Intelligence 9th December 2023
Apple and its suppliers aim to build more than 50 million iPhones in India annually within the next two to three years. India unveils ambitious strategy for steel sector decarbonisation, the government is determined to make strides in minimising carbon emissions within the short term. Electric vehicles are driving sustainable mobility in India, it’s important to bring the availability of affordable, accessible, inclusive, and safe mobility solutions for the nation. Lastly, building India's deeptech infra is not a choice but a critical necessity, says Zinnov's Vikalp Sharma.
Apple aims to make a quarter of the world’s iPhones in India. Supplier Foxconn plans to build more factories and give India a production role once limited mostly to China. Apple is facing an uphill battle as it plans to shift its production out of China. Here’s why it is difficult to replicate Foxconn’s ‘iPhone City’ in Zhengzhou and the company’s finely tuned ecosystem in countries like India and Vietnam. Read here
In a significant move towards environmental sustainability, the Indian government has outlined a comprehensive strategy to decarbonise the steel sector. The immediate focus, up to the fiscal year 2030, revolves around bolstering energy and resource efficiency while embracing renewable energy. The government is determined to make strides in minimising carbon emissions within the short term. Read here
Sustainable mobility (electric mobility) contributes to a significant role in the economic development of a nation and supports the improvement of the lives of people, both in rural and urban areas. To ensure a better quality of life and make progress towards achieving climate goals, it’s important to bring the availability of affordable, accessible, inclusive, and safe mobility solutions for the nation. Read here
India is at an inflection point in its technological evolution as evidenced by the growth of the sector. The country is poised to drive artificial intelligence (AI) investments worth $6 billion-plus by 2025. Building a deeptech infrastructure in India will be crucial to secure the country's trajectory as a dynamic, innovation-driven powerhouse on the global stage. Read here
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
