India emerges as most favorable investment destination amidst pandemic « Khabarhub
Saturday, July 27th, 2024

India emerges as most favorable investment destination amidst pandemic


17 July 2020  

Time taken to read : 2 Minute


  • A
  • A
  • A

NEW DELHI: Google among other international companies are investing in India despite being stuck in the middle of the coronavirus crisis.

India emerges as the most favorable investment destination even during a pandemic with Google is putting in $10 billion to profit from the country’s digital growth.

And Google is not alone Facebook announced a $5.7 billion tie-up with an Indian mobile leader while Amazon is investing $5 billion to expand its India operations.

Walmart bought India’s biggest homegrown e-commerce firm, Flipkart, for $16 billion in 2018.

Other companies putting money into India include Qualcomm ($97 million), Thomson ($142.8 million), We Work Global ($100 million), Hitachi ($15.9 million), Kia Motors ($54 million) and Saudi Arabia’s PIF ($1.6 billion).

Publish Date : 17 July 2020 21:51 PM

Plane crash underlines hazards of residences near airports

KATHMANDU: On Wednesday morning, as people were heading to work

Today’s national news in a nutshell

Khabarhub brings you a glimpse of major developments of the

FNCCI respond positively to new monetary policy

KATHMANDU: The Federation of Nepalese Chamber of Commerce and Industry

Sri Lanka to hold first presidential election after economic collapse

NEW DELHI: Sri Lanka will hold its first presidential election

EU Ambassador calls on Foreign Minister Dr Rana

KATHMANDU: Ambassador of the European Union Veronique Lorenzo paid a