Mahatma Gandhi’s march against the British salt tax is history, as is domestic salt shortage. The industry has grown 10 times in as many years, and is today a significant exporter to Malaysia and Japan. With an abundance of sea water, which ensures an inexhaustible supply of marine salt, Gandhi’s state of Gujarat is the largest supplier.
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Enterprise
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Nokia has staged a comeback in India, a market it dominated for years. But will sentimental appeal be enough to take on the competition from global giants.
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While usage of electric vehicles is still at a nascent stage in the country, online retailers such as bigbasket, Grofers, and Flipkart are ramping up their EV fleet for last-mile delivery.
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The private lender’s shares gained 13.5% on Wednesday.
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