There is little or no scope of modernising the Halol plant. MG can either spend over INR2,000 crore in a greenfield facility or invest INR1,000 crore on leasing another vehicle manufacturer’s plant. The second option makes more commercial sense given the current environment. But will the carmaker be ready to share technology know-how with its manufacturing partner?
Satellite pictures of the Galwan valley region shared by US-based Planet Labs exposed China backtracking on the agreement with India to disengage. While the images did help India foster its case in shaping global opinion, it also exposes the country’s unpreparedness in advanced technologies. The episode underlines the urgent need to nurture companies in satellite imaging and space technology.
For a market dominated by international players for long, SUGAR Cosmeticsis one of the first Indian companies focussing on inclusivity, something that was ignored by most colour-cosmetics brands for decades. Its quick turnaround in terms of product development, pricing, and social-media engagement is steadily making it a go-to brand for young women.