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X-Tra: India Attracts Global Investments

X-Tra: India Attracts Global Investments

India is witnessing a surge in global investments across various sectors.

Heineken, the Netherlands-based beer giant, plans to invest Rs 2,500 crore to set up a beer factory in Unnao, Uttar Pradesh, strengthening its footprint in the country.

In the automotive sector, Toyota is establishing its first R&D center in India in Bengaluru, set to accommodate 1,000 engineers by 2027.

Meanwhile, Tesla is exploring contract manufacturing for its India entry, holding discussions with Japanese and Indian automakers to leverage their spare production capacity.

Fast-food giant McDonald's has chosen Hyderabad for its largest Global Capability Center (GCC) outside the US, with an initial workforce of 2,000 employees.

On the sporting front, India has officially submitted a bid to host the 2030 Common Wealth Games in Ahmedabad, showcasing its ambition to become a premier global sporting destination.

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Tags: India Toyota Global Investments