Manufacturing

Sports goods manufacturing faced slump during pandemic India has an untapped potential of US$110 million a year for exports of sports goods which in 2019-20 was US$278.9 million, according to Export-Import Bank of India. Some of the key strategies highlighted...

India emerges as hub IoT products for global markets Cavli Wireless Inc, an emerging player in cellular Internet of Things (IoT) technology from the United States, has partnered with GCT Semiconductor to license the chipsets and manufacture LPWAN, LTE, and...

PM Modi explains to global business leaders at WEF The Indian Government has invested US$150 billion in urban development during 2014-20 and is focused on sustainable urbanisation such as ease of living, ease of doing business and climate sensitive development,...

CPP film manufacturing JV on the anvil Japan's DIC Corp is extending packaging technologies to Jindal Poly Films for mass production of cast polypropylene (CPP) film, demand for which is increasing from the Indian food industry that is looking for...

Pradhan calls for cleaner forms of energy India is aiming to have 20% ethanol blending in petrol by 2024-25, having reached over 8%, as a greater move to adopt clean energy amidst the increasing energy demand. “We are targeting 20%...

Japanese hand-holding of India textile-apparel industry The Japanese State Minister of Economy, Trade and Industry Yasumasa Nagasaka sees a substantial development in the India-Japan trade relationship, taking it forward from the 2011-signed Comprehensive Economic Partnership Agreement (CEPA) with an immediate...

Credit quality of India Inc has experienced rapid changes The outlook on India's infrastructure-related sectors viz., Roads and Ports is Stable. Growth in toll collections and higher cargo growth, respectively, will drive these sectors’ profit and revenue growth, ICRA Review...

Planned: online-offline stores across the Middle East Lenskart, the largest eyewear retailer of India, has announced its foray into the Middle East market and plans to open its first retail store in Dubai soon, having committed US$50 million (around AED185...

New gen Surface to Air Missile for Air Force The DRDO conducted the maiden launch of Akash-NG (New Generation) Missile from Integrated Test Range off the coast of Odisha on 25 January 2021. The Akash-NG, a new generation Surface to...

Financial incentives drive demand The Government's increasing provision of financial incentives is boosting the sales of electric scooters and motorcycles in India, projecting a CAGR of 63.9% from 2020 to 2025 when revenue would be more than US$1.0 billion for...