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Ola partners Siemens to build world's largest EV manufacturing facility in TN for Rs 2,400cr


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Ola will have access to Siemens’ integrated Digital Twin design and manufacturing solutions.
Ola, one of the leading mobility companies in the world, on Wednesday announced that it has partnered with Siemens as it looks to rapidly build its upcoming electric vehicle manufacturing facility. This announcement comes on the heels of Ola’s MoU with the government of Tamil Nadu to invest nearly  Rs 2,400 crore towards building this facility.
The factory will generate almost 10,000 jobs and with an initial capacity of 2 million units a year, it will be the largest scooter manufacturing facility in the world. It will serve as Ola’s global manufacturing hub catering to its customers in India as well as key markets across Europe, UK, Latin America and Australia-New Zealand.  ....

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India markets strategy - Credit Suisse


Updated Jan 06, 2021 | 11:01 IST
Within sectors, Neelkanth has replaced Cipla with Aurobindo Pharma. Within discretionary they have replaced Asian Paints with Mother Sumi and added to Maruti.
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Mumbai: Neelkanth Mishra of Credit Suisse makes several changes to model portfolio going into 2021 as conviction in India s growth acceleration builds. He adds that choice of sectors is driven by the change in the market driver from P/E to EPS as P/E drove returns in the past 12 months & forward EPS should dominate going forward. He adds that stocks with stronger EPS growth and/or upgrades should benefit.
In terms of growth estimates they believe FY22 growth assumptions are likely to be upgraded as (i) government spending in H2 FY21 revives, partly due to improving fiscal conditions, as well as the lifting of lockdowns ; (ii) the FY22 over FY20 growth assumptions are re-assessed: these moved down from 13% to -1% from Mar-20 t ....

Aurobindo Pharma , Neelkanth Mishra , Credit Suisse , Model Portfolio Neelkanth Mishra , Siemens India , Asian Paints , India Markets Strategy Credit Suisse , அரவிந்தோ பார்மா , நீல்காந்த் மிஸ்ரா , கடன் ஸ்யூயி , மாதிரி போர்ட்‌ஃபோலீயோ நீல்காந்த் மிஸ்ரா , ஸீமெந்ஸ் இந்தியா , ஆசிய வண்ணப்பூச்சுகள் , இந்தியா சந்தைகள் மூலோபாயம் கடன் ஸ்யூயி ,