We are pleased to share with you the latest news and developments from India, the Pro-AV industry and the tech ecosystem. For our second issue, here are three top stories you cannot miss.
Developments in India
India seen as fastest growing economy in FY22: IMF
The IMF has forecasted a sharp global recovery in 2021 and India's economy is expected to bounce back strongly in the next fiscal year with 11.5% growth. Read more here.
Virtual reality: Simulation to test RRTS possibilities
National Capital Region Transport Corporation (NCRTC) is using a simulation technology to run virtual trains to understand the operational complexities of India's first Regional Rapid Transit System (RRTS) corridors. Read more here.
India's foreign direct investment inflows grew by 81 percent in Nov 2020 to $ 10 billion
India's Foreign Direct Investment (FDI) saw a significant jump in November 2020. FDI data released by the Ministry of Commerce shows that total FDI in the month of November 2020 grew by a whopping 81% to $ 10.15 billion against $ 5.6 billion in November 2019. Read more here.
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