Manufacturing

In a historic initiative taken by Khadi and Village Industries Commission (KVIC), a first Silk Processing Plant was inaugurated on 3 Jan 2020 at Surendranagar in Gujarat which would help cut down the cost of production of silk yarn drastically...

To give a further push to clean mobility in Road Transport Sector, the Department of Heavy Industries has sanctioned 2,636 charging stations in 62 cities across 24 States/UTs under FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India)...

India’s exports and imports are expected to decline to US$332-$337 billion and US$493-498 billion in FY2020 from US$337.2 billion and US$517 billion, respectively in FY2019, says ICRA, a Moody’s Investors Service Company, in its latest report on Indian economy.

A final set of rules is expected this year on how e-pharmacies should be properly regulated, according to Nishith Desai Associates (NDA) which reviewed the industry in 2019.

The India-Mauritius Comprehensive Economic Cooperation (CECPA) is near finalization as negotiations for trade in goods and trade in services have been completed, said the Commerce and Industry Ministry on 1 Jan 2020.

India needs to spend about US$1.4 trillion (Rs.100 lakh crore) on infrastructure through to 2025, said Finance Minister Nirmala Sitharaman at the release of a Report of the Task Force on National Infrastructure Pipeline for 2019-2025.

India has to boost its high-technology product exports with a new strategy, Sharad Kumar Saraf, President of the Federation of Indian Export Organizations (FIEO), has said in his market outlook for 2020.

The Government has been urged to reduce royalty rates on mining resources and accelerate the renewable of mining leases that are expiring in 2020.

The mining sector has called for a much sharper focus and concerted efforts by the policy makers and industry players to regain 3% share in the GDP by FY25, reveals a report ‘Towards a Globally Competitive Minerals & Mining Industry’.

Defence Minister Rajnath Singh has launched the mobile app of the forthcoming DefExpo 2020 in Delhi on 27 Dec 2019, which provides detailed information about the day-to-day events; participating exhibitors; Defence Public Sector Undertakings (DPSUs), guest speakers of seminars/webinars; publications...