India is set to clear 45 investment proposals from China, which are likely to include those from Great Wall Motor and SAIC Motor Corp, government and industry sources told Reuters, as military tensions between the two countries ease at the disputed border. Read here
With the Indian passenger vehicles market moving further towards the SUV segment, homegrown auto major Tata Motors is gearing up to cast a wider net in the segment targeting first time buyers to premium-end customers while driving strength from its synergies with JLR, according to a top company official. Read here
A pick up in business activity coupled with a steady fall in Covid cases should aid a faster economic recovery across Asia, says a recent report by HSBC.
It expects almost all economies in Asia to reach their pre-pandemic level by the end of 2021, if they haven’t already. Read here
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