Highlights
He said that it is a major step towards building an Aatmanirbhar Bharat.
The fair will be held from February 27 to March 2.
New Delhi: Prime Minister Narendra Modi on Saturday (February 27, 2021) inaugurated the India Toy Fair 2021 and said that it is a major step towards building an Aatmanirbhar Bharat (self-reliant India).
Addressing the video conferencing event, Prime Minister Modi called for bringing out the hidden potential of the toy industry in India and to create an identity for it as a big part of the campaign for AatmaNibhar Bharat.
He added, This first toy fair is not just a business or economic event. This program is a link to strengthen the country s age-old culture of sports and cheer.
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Sputnik International
Lucid Motors said to near deal to go public via Klein’s SPAC
Lucid AirPremium
. Updated: 21 Feb 2021, 10:19 AM IST Bloomberg
Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early next week, according to people familiar with the matter
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Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early next week, according to people familiar with the matter.
The combined entity will be valued at as much as $15 billion, the people said, asking not to be identified because the matter is private.
Assam Agarbatti Unit To Curb Import, Generate Jobs
by Arun Kumar Das - Feb 19, 2021 05:51 AM
Agarbatti industry taking off in Assam.
Snapshot
The initiative to increase local agarbatti production in Assam would lift the Indian incense stick making industry.
In a major step towards achieving Aatmanirbhar Bharat goals, an
agarbatti (incense sticks) making unit, Keshari Bio Products, was inaugurated in Assam to increase local production through the Prime Minister Employment Generation Programme.
Setting up of these units in Assam assumes great significance in the wake of Narendra Modi governmentâs decision to restrict import of raw
agarbatti from China and Vietnam, and also a hike in import duty on round bamboo sticks for
How car makers collided with a global chip shortage
Premium
. Updated: 13 Feb 2021, 01:49 PM IST The Wall Street Journal
Auto demand rebounded from a coronavirus slowdown for Ford, GM, VW and others, but the industry misjudged supply lines of semiconductors that control engines, airbags, touchscreens
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Executives at auto makers like Volkswagen AG and General Motors Co. were upbeat about the industry’s recovery in early fall. Demand was rebounding from pandemic lows, and their factories were humming again.
Then came the warnings. Like the one in a Nov. 12 Skype call between VW’s logistics head and officials at car-parts supplier Continental AG. The supplier said it wouldn’t deliver a range of core components VW needed because of a global semiconductor shortage, said people familiar with the call.