Noida, a town located on the outskirts of Delhi, has experienced significant transformation over the past decade. The area, which was once known for fields, cows, and small villages, is now home to thriving industrial and residential areas. The landscape is dotted with high-rise buildings, including an airport and one of the country’s largest shopping centers. Major companies like Samsung and Greenlux have established manufacturing plants in Noida, reflecting its growing industrial presence and technological innovation.
One such company that is investing in a new manufacturing unit in Noida is Greenlux. Dhruv Mahajan, the company’s director, believes that India’s competitive advantages position it favorably against China. Mahajan highlights India’s Western-style business culture and the government’s efforts to attract foreign investments as key factors contributing to India’s growth potential. In addition to Greenlux, companies like Halton and Normet are also considering expanding their operations in India due to promising market growth and government support for manufacturing under the Make in India program.
India’s protectionist policies have been a point of contention in negotiations with the EU. Despite challenges, both parties are working towards completing a trade agreement by the end of the year. This agreement will focus on digitization, education, and sustainable development projects. Additionally, India has recently agreed to non-EU countries like Norway, Switzerland
