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Tag: Narendra Modi

  • India launches 5G services, Modi calls it step in new era

    India launches 5G services, Modi calls it step in new era

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    NEW DELHI — Prime Minister Narendra Modi launched 5G services in India on Saturday, calling it a “step towards the new era.”

    The launch in select cities will cover the entire country over the next couple of years, a government statement said.

    Modi launched the much-awaited services that aim to provide seamless coverage, high data rate, less delay in internet connectivity and highly reliable communications in presence of India’s telecom leaders in New Delhi.

    “This event will be etched in history,” Modi said at the launch. He said it was a “step towards the new era in the country” and “the beginning of infinite opportunities.”

    Bharti Airtel is rolling out its 5G services in eight cities on Saturday and has set March 2024 as the deadline for countrywide coverage for as many as 5,000 towns.

    Reliance Jio telecom company plans to start from four metropolitan areas in October and hopes to reach most cities and towns in 18 months.

    The government said that the cumulative economic impact of 5G on India is expected to reach $450 billion by 2035.

    Research agency OMDIA projects that with 369 million 5G subscriptions — over half the total global 5G subscriptions currently — India will be just behind China and the U.S. in world rankings by 2026. India would have ousted Japan from the third spot with 147 million customers, according to Business Standard newspaper.

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  • Fake referendums in occupied Ukraine set the stage for annexation — and immense danger for Ukraine

    Fake referendums in occupied Ukraine set the stage for annexation — and immense danger for Ukraine

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    Election commission members count votes of refugees from Russian-held regions of Ukraine for a referendum at a polling station in Simferopol, Crimea, on Sept. 27, 2022.

    Stringer | Afp | Getty Images

    The results from a series of so-called referendums that have taken place in occupied parts of Ukraine —which predictably show a resounding majority voting to join Russia — set the stage for Moscow to announce their annexation in the coming days.

    That, analysts say, could mark a dangerous point in the war for Ukraine with the possibility that Russia could turn to unconventional weapons, even nuclear weapons, to “defend” what it will then say is its territory and citizens.

    “As for the risk of Russia using these votes and subsequent annexation of those territories as a pretext for nuclear strikes — we are conscious of this risk, we understand that it is real,” Yuriy Sak, an advisor to Ukraine’s Defense Minister Oleksii Reznikov, told CNBC Wednesday.

    “Even if Russia’s leader is himself crazy enough to contemplate or even consider conducting a nuclear strike on Ukrainian territory, hopefully not all those people who surround him are that crazy. But again, this is not something we can count on so we, as Ukraine, have to be prepared for the worse and the international community has to be prepared not to budge, not to cave to this nuclear blackmail.”

    President Vladimir Putin and other top officials in Moscow have frequently warned that Russia could use nuclear weapons if it feels there is an existential threat to the Russian Federation.

    Just on Tuesday Putin ally and former President Dmitry Medvedev wrote on Telegram that Russia had a “right” to use nuclear weapons “if aggression with the use of conventional weapons threatens the very existence of our state.”

    Russian President Vladimir Putin (C), accompanied by Defence Minister Sergei Shoigu (L) and Valery Gerasimov, the chief of the Russian General Staff, oversees the ‘Vostok-2022’ military exercises at the Sergeevskyi training ground outside the city of Ussuriysk on the Russian Far East on September 6, 2022.

    Mikhail Klimentyev | AFP | Getty Images

    Medvedev once again repeated Moscow’s false mantra that Ukraine was being controlled by NATO countries and said “we will do everything to prevent the appearance of nuclear weapons in our hostile neighbors,” adding that “they understand that if the threat to Russia exceeds the established danger limit, we will have to respond.”

    Those comments came after Putin said last week that the Kremlin will “certainly use all the means at our disposal to protect Russia and our people. It is not a bluff.”

    Annexation expected

    The referendums, widely described as a “sham” by the international community, are seen as having created a pretext for Russia to annex the occupied Kherson and Zaporizhzhia regions in the south and pro-Russian, separatist “republics” in Luhansk and Donetsk in eastern Ukraine. The regions amount to around 15% of Ukraine’s territory.

    A woman attends a referendum at a mobile voting station in Mariupol on September 25, 2022.

    – | Afp | Getty Images

    Results from the referendums, in which coercive and illegal voting practices were widespread (electoral officials reportedly went door-to-door to force and collect votes), showed that between 87% and 99% of residents in those regions had voted to join the Russian Federation. The results are widely seen as rigged and Ukraine and its Western allies have denounced the votes and refuse to recognize them.

    In a statement Wednesday, Ukraine’s foreign ministry said “forcing people in these territories to fill out some papers at the barrel of a gun is yet another Russian crime in the course of its aggression against Ukraine” and said the occupied regions remained Ukraine’s sovereign territory.

    Calling on the international community to condemn Russia’s latest act of aggression and immediately hit Moscow with more sanctions in a bid to stop the annexation, Ukrainian Foreign Minster Dmytro Kuleba said on Facebook that “you cannot stop the annexation with words of deep concern and personal sanctions — serious steps are needed.”

    For Russia’s part, it says it just wants to “protect” Russian citizens and ethnic Russians living in occupied regions — having itself set up a process of “Russification” of occupied or separatist areas with the handing out of Russian passports and promotion of Russian culture and education.

    On Tuesday, Russia’s ambassador to the U.N., Vasily Nebenzya, said that Russia would “bring peace” to the Donbass and would invest and develop the region and other territories, as he claimed Russia had done in Crimea (which was also annexed in 2014 after a falsified referendum).

    The results of sham referenda in occupied territories in Ukraine.

    It’s now expected that Putin, who is expected to address Russia’s Duma, or lower house of parliament, on Friday, could announce then that the occupied regions are being incorporated into the Russian Federation.

    Russian news agency Tass reported that the Duma may even debate bills incorporating Russian-occupied parts of Ukraine into Russia as early as Thursday. While another official, Valentina Matviyenko, who chairs the parliament’s upper house, said lawmakers could consider annexation legislation on Oct. 4, Russian news agency RIA Novosti reported.

    Federica Reccia, Russia and CIS analyst at the Economist Intelligence Unit, noted Tuesday that “Russia is racing to consolidate its positions in Ukraine and integrate Ukraine’s south-eastern regions as quickly as possible.”

    “Annexing these regions would provide Russia with a pretext to redesignate them as ‘de jure’ Russian territories, giving Russia a justification to retaliate with disproportionate force against any attacks on them,” she said in emailed comments.

    “Annexing these territories will open up a very dangerous phase in the conflict, potentially increasing the risk of bringing NATO closer to a confrontation with Russia,” she noted.

    Danger for Putin too

    Putin is no doubt eager to bring the conflict in Ukraine to a conclusion as soon as possible. Looking to overwhelm Ukraine’s effective counter-attacking forces, Putin last week resorted to a military mobilization, calling-up around 300,000 reservists to be sent to the frontline, a move that prompted many eligible fighting men to try to flee the draft.

    The U.K.’s Ministry of Defence said Tuesday that Russia’s leaders “almost certainly hope that any accession announcement will be seen as a vindication of the ‘special military operation’ and will consolidate patriotic support for the conflict.”

    “This aspiration will likely be undermined by the increasing domestic awareness of Russia’s recent battlefield sets-backs and significant unease about the partial mobilisation announced last week.”

    For all the Kremlin’s saber-rattling over nuclear weapons, there are a number of analysts that remain skeptical as to whether, in the end, Putin would actually resort to using them, noting that he has purposefully cultivated an enigmatic persona.

    “He has spent 15 years cultivating an image of himself as this unpredictable figure who, like a rat in a corner, might strike out in ways we don’t foresee or ways we see as irrational,” John Herbst, senior director of the Atlantic Council’s Eurasia Center and former U.S. ambassador to Ukraine, told CNBC Wednesday.

    “It’s a classic KGB [the main security agency for the Soviet Union for whom Putin worked before entering politics in the late 1990s] ploy” he said. “Putin is a master psychologist.”

    Putin's regime is at its 'shakiest,' says former U.S. ambassador

    Herbst said that Putin was losing friends and alienating his remaining allies, such as Chinese President Xi Jinping and Indian President Narendra Modi, as the war dragged on and that his military mobilization had left him isolated and criticized on a domestic level.

    As such, rhetoric around the use of nuclear weapons had its use for an increasingly desperate Putin looking to strike fear into the West.

    “He is trying to make the notion that he might use nuclear weapons as his [way] out of this crisis. He wants to make sure the U.S. and NATO don’t send more weapons to Ukraine so the Ukrainian counteroffensive doesn’t continue,” Herbst noted.

    “We cannot rule out something irrational on Putin’s part but it would be extremely dangerous for him and for Russia.”

    Ukrainian official Yuriy Sak said Kyiv hoped that Russian fear of a reprisal from the West would stop it from going too far.

    “Russia has been using nuclear blackmail since day one of this aggression, their propaganda machine is talking about this on a daily basis. At the same time, we have heard the leaders of the free world, the G-7 and U.S. say that, should this God forbid happen, Russia will face very severe consequences and we hope that this will serve as a deterrent,” he said.

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  • Apple will manufacture iPhone 14 in India

    Apple will manufacture iPhone 14 in India

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    Apple will make its iPhone 14 in India, the company said on Monday, as manufacturers shift production from China amid geopolitical tensions and pandemic restrictions that have disrupted supply chains for many industries.

    “The new iPhone 14 lineup introduces groundbreaking new technologies and important safety capabilities. We’re excited to be manufacturing iPhone 14 in India,” Apple said in a statement.

    Apple unveiled its latest line-up of iPhones earlier this month. They will have improved cameras, faster processors and longer lasting batteries at the same prices as last year’s models. India is the world’s second-largest smartphone market after China but Apple iPhone sales have struggled to capture a large share of the market against cheaper smartphones from competitors.

    The announcement from the Cupertino, California-based company dovetails with Prime Minister Narendra Modi’s push for local manufacturing, which has been a key goal for his government ever since he took office in 2014.

    Foxconn in Chennai

    The tech company has bet big on India, where it first began manufacturing its iPhone SE in 2017 and has since continued to assemble a number of iPhone models there. Apple opened its online store for India two years ago, but the pandemic has delayed plans for a flagship store in India, according to local media reports.

    The latest model will be shipped out by Foxconn, a major iPhone assembler, whose facilities are on the outskirts of Chennai, a city in southern India.

    Apple is likely to shift about 5% of its iPhone 14 production to India from later this year, raising it to 25% by 2025, according to a JP Morgan report quoted by the Press Trust of India news agency.

    The analysts expect that nearly a quarter of all Apple products to be manufactured outside China by 2025, compared to about 5% now. Supply chain risks like the stringent COVID-19 lockdowns seen in China are likely the trigger for such relocation efforts that will continue over the next two or three years, the report said.

    “Apple has been trying to diversify its supply chain for a while, but these efforts have grown in the last two years over trade sanctions between the U.S. and China,” said Sanyam Chaurasia, an analyst at Canalys.

    Chinese manufacturing

    Last year, the tech giant manufactured around 7 million iPhones in India. This news is likely to significantly increase India-made Apple smartphones, he added.

    He said the plan to make more iPhones in India may also lead Apple to drop its prices for the Indian market, making it more competitive. “You can adopt a more aggressive pricing strategy if you manufacture locally,” Chaurasia said.

    Most of Apple’s smartphones and tablets are assembled by contractors with factories in China, but the company started asking them in 2020 to look at the possibility of moving some production to Southeast Asia or other places after repeated shutdowns to fight COVID-19 disrupted its global flow of products.

    Apple hasn’t released details, but news reports say the company planned to set up assembly of tablet computers and wireless earphones in Vietnam.

    Other companies are keeping or expanding manufacturing in China to serve the domestic market while shifting export-oriented work to other countries due to rising wages and other costs, as well as the difficulty for foreign executives to visit China due to anti-COVID-19 travel restrictions.

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  • Apple Inc will manufacture iPhone 14 in India

    Apple Inc will manufacture iPhone 14 in India

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    NEW DELHI (AP) — Apple Inc. will make its iPhone 14 in India, the company said on Monday, as manufacturers shift production from China amid geopolitical tensions and pandemic restrictions that have disrupted supply chains for many industries.

    “The new iPhone 14 lineup introduces groundbreaking new technologies and important safety capabilities. We’re excited to be manufacturing iPhone 14 in India,” Apple said in a statement.

    Apple unveiled its latest line-up of iPhones earlier this month. They will have improved cameras, faster processors and longer lasting batteries at the same prices as last year’s models.

    India is the world’s second-largest smartphone market after China but Apple iPhone sales have struggled to capture a large share of the market against cheaper smartphones from competitors.

    The announcement from the Cupertino, California-based company dovetails with Prime Minister Narendra Modi’s push for local manufacturing, which has been a key goal for his government ever since he took office in 2014.

    The tech company has bet big on India, where it first began manufacturing its iPhone SE in 2017 and has since continued to assemble a number of iPhone models there. Apple opened its online store for India two years ago, but the pandemic has delayed plans for a flagship store in India, according to local media reports.

    The latest model will be shipped out by Foxconn, a major iPhone assembler, whose facilities are on the outskirts of Chennai, a city in southern India.

    Apple is likely to shift about 5% of its iPhone 14 production to India from later this year, raising it to 25% by 2025, according to a JP Morgan report quoted by the Press Trust of India news agency.

    The analysts expect that nearly a quarter of all Apple products to be manufactured outside China by 2025, compared to about 5% now. Supply chain risks like the stringent COVID-19 lockdowns seen in China are likely the trigger for such relocation efforts that will continue over the next two or three years, the report said.

    “Apple has been trying to diversify its supply chain for a while, but these efforts have grown in the last two years over trade sanctions between the U.S. and China,” said Sanyam Chaurasia, an analyst at Canalys.

    Last year, the tech giant manufactured around 7 million iPhones in India. This news is likely to significantly increase India-made Apple smartphones, he added.

    He said the plan to make more iPhones in India may also lead Apple to drop its prices for the Indian market, making it more competitive. “You can adopt a more aggressive pricing strategy if you manufacture locally,” Chaurasia said.

    Most of Apple Inc.’s smartphones and tablets are assembled by contractors with factories in China, but the company started asking them in 2020 to look at the possibility of moving some production to Southeast Asia or other places after repeated shutdowns to fight COVID-19 disrupted its global flow of products.

    Apple hasn’t released details, but news reports say the company planned to set up assembly of tablet computers and wireless earphones in Vietnam.

    Other companies are keeping or expanding manufacturing in China to serve the domestic market while shifting export-oriented work to other countries due to rising wages and other costs, as well as the difficulty for foreign executives to visit China due to anti-COVID-19 travel restrictions.

    ___

    AP Business Writer Joe McDonald in Beijing contributed.

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  • White House preparations for state dinner with India’s Modi include plant-based chef and violinist Joshua Bell | CNN Politics

    White House preparations for state dinner with India’s Modi include plant-based chef and violinist Joshua Bell | CNN Politics

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    CNN
     — 

    Preparations are underway at the White House as President Joe Biden and first lady Dr. Jill Biden will welcome India’s Prime Minister Narendra Modi to Washington for an official state visit on Thursday, rolling out pomp and circumstance at a state dinner in the evening as the two countries reaffirm close ties.

    There has been close attention to diplomatic detail in advance of Thursday’s state dinner, including catering to the guest’s dietary restrictions.

    Nina Curtis, a plant-based chef from Sacramento, California, will be the dinner’s guest chef, working with White House Executive Chef Cris Comerford, and White House Executive Pastry Chef Susie Morrison to develop the menu, the office of the first lady said.

    Modi, a White House official said, is a vegetarian and “the First Lady selected Chef Curtis for her experience with plant-based cuisine.”

    And Grammy Award-winning American violinist and conductor Joshua Bell will provide the evening’s entertainment, the office of the first lady said.

    The state dinner is one element of an elaborate visit for the prime minister, which comes amid some criticism over Modi’s human rights record.

    State dinners, former White House curator Betty Monkman said, are “a courtesy, an expression of good will, and a way of extending hospitality,” as well as “an event that also showcases global power and influence.” The office of the first lady works closely with her social team, executive residence staff from the calligraphers to the florists to the pastry chefs and the State Department in preparation for these dinners.

    National security adviser Jake Sullivan traveled to India this week ahead of the dinner, meeting with Modi and other officials.

    “He reviewed preparations for the upcoming official state visit of the prime minister, and discussed a range of strategic, regional, and bilateral issues including steps to advance the strategic technology and defense partnership between the United States and India,” a readout of Sullivan’s trip stated.

    This will mark the third state dinner of the Biden administration after the Bidens hosted French President Emmanuel Macron in December and South Korean President Yoon Suk-Yeol in April.

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  • Elon Musk says Tesla is coming to India ‘as soon as humanly possible’ | CNN Business

    Elon Musk says Tesla is coming to India ‘as soon as humanly possible’ | CNN Business

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    Hong Kong
    CNN
     — 

    Tesla CEO Elon Musk said Tuesday the company is looking to invest in India “as soon as humanly possible,” following a meeting with Indian Prime Minister Narendra Modi in New York.

    “[Modi] really cares about India because he’s pushing us to make significant investments in India, which is something we intend to do. We are just trying to figure out the right timing,” Musk told reporters.

    “I am confident that Tesla will be in India and will do so as soon as humanly possible,” he said, without specifying a timeline. Musk said he tentatively plans to visit India next year.

    Musk’s push into the Indian market has been in the works for a long time. Back in 2017, the CEO said that Tesla

    (TSLA)
    was planning to sell cars in India as soon as that summer.

    But that plan has been delayed because of Tesla’s efforts to negotiate lower import duties with local government. Musk tweeted in 2021 that Tesla wanted to enter India, “but import duties are the highest in the world by far of any large country.”

    Tesla had sought to slash the duties, but the Indian government reportedly wants the company to make cars locally before considering any tax breaks, according to Reuters.

    On Tuesday, Musk said he had a “fantastic meeting” with the Modi and feels “incredibly excited about the future of India.”

    “[Modi] really wants to do the right thing for India. He wants to be open, he wants to be supportive to the companies. And obviously, at the same time, make sure that it accrues to India’s advantage,” Musk said.

    Tesla currently has one gigafactory in Asia, which is located in Shanghai. The Shanghai factory is Tesla’s biggest car manufacturing plant outside the United States and accounted for more than half of Tesla’s global deliveries in 2022.

    Last month, Musk said at an event that the company would likely pick a location for a new Tesla factory by the end of the year and that India was an interesting option, Reuters reported at the time.

    Both China and India have been trying to attract global EV investment and boost the EV industry.

    On Wednesday, China announced it would extend tax breaks for consumers buying new energy vehicles — which include battery electric cars, plug-in hybrids, and fuel-cell vehicles — through 2027, in its latest effort to boost sales and production in the world’s biggest EV market. The current policy allows purchase tax exemption on NEVs until the end of 2023.

    The tax break is estimated to reach 520 billion yuan ($72.3 billion) from 2024 to 2027, said Xu Hongcai, vice minister of finance, at a press conference in Beijing on Wednesday.

    The move follows a State Council meeting earlier this month, during which senior officials said they would study policies to promote NEV development and optimize tax exemption.

    From May 30 to June 1, Musk made his first visit to China since the pandemic and met a string of government officials to discuss EV development and Tesla’s operations in the country.

    He also visited the Shanghai gigafactory, thanking the workers and saying that they make the “highest quality” Tesla cars around the world, with the “most efficient production.”

    Before leaving, Musk also met Chen Jining, the Communist Party chief of Shanghai, who encouraged him to boost investment and operations and “bring more new products, new technologies and new services” to the city, according to a statement by the government.

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