India Weekly Update from Tom Thomas

Volume1/Issue 35 - September 17th 2021

· News from Scotland and Beyond

UK INDIA FREE TRADE AGREEMENT ( FTA) DEAL MOVINGCLOSE TO EARLY HARVEST: India’s Commerce and Industry Minister Piyush Goyal says the UK India FTA talks are progressing well and moving to an early harvest after recent talks with his UK counterpart Liz Truss.

Production Linked Incentive ( PLI) Scheme for Auto Sector announced to accelerate advanced automotive technologies: The newly announced PLI scheme for auto sector manufacturing in India is expected to accelerate the introduction of advanced automotive technologies in India.

Expect India to announce more goals ahead of COP26 - John Kerry: The US Presidential Special Envoy for Climate Change John Kerry on his recent visit to India, says he expects India to announce more goals ahead of COP26 Conference.

Mobile Premier League (MPL) becomes India’s secondgaming unicorn: The mobile gaming industry in India is one of the largest in the world and is poised for rapid growth as indicated by the success of the second Indian gaming company to achieve Unicorn status recently.

"Proud to share that the Ola Futurefactory willbe run ENTIRELY by women, 10,000+ at fullscale! It’ll be the largest all-women factory in the world!"Bhavish Aggarwal, Ola Founder

OFF-BEAT: OLA LAUNCHES LARGEST E-SCOOTERFACILITY IN THE WORLD STAFFED BY WOMEN: Ola sets up the largest e-scooter anufacturing facility in the world staffed by women.

Quote-Unquote

“India and UK are strengthening trade ties by moving towards an early harvest deal, followed by a comprehensive FTA,” Piyush Goyal, Industry & Commerce Minister

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