Manufacturing

Reforms boost exports, says Minister Naik Authorisation for defence exports have grown seven folds in the last two years to Rs.10,745.77 crore in financial year 2018-19 from Rs.1,521.91 in 2016-17, Rajya Sabha was told on 2 Mar 2020. It was...

India-Japan Steel Dialogue launched Japanese companies are increasingly collaborating with Indian companies and it is the right time to share their experience with India, said Japan’s Ambassador to India, Satoshi Suzuki. He also welcomed the launch of India Japan Steel...

CII-USIBC: greenfield growth potential India and the United States free trade agreement (FTA) negotiations would be fast-tracked for a much quicker larger trade deal aiming to achieve the US$500 billion trade target set by the two countries’ Governments. This was...

Processed food market: 14.6% CAGR The Government has approved proposals for joint ventures (JV), foreign collaborations, industrial licenses, and 100% export-oriented units, with 32 projects worth Rs.406 crore sanctioned, said Minister of Food Processing Industries Harsimrat Kaur Badal in an...

Focus on Make in India MBDA is further strengthening its five decade of services to India with a renewed focus on the ‘Make in India’ programme by offering its latest technologies for integration. Giving an overview of the group’s India...

Contract supply commences from March 2020 Mitsubishi Elevator India Private Limited (IMEC) has secured a 64-elevator order from the All India Institute of Medical Science (AIIMS), Bilaspur, Himachal Pradesh. The order includes 48 units of a model that is exclusive...

Technical Textiles for Exports The Cabinet Committee on Economic Affairs (CCEA) has approved a Rs.1,480 crore National Technical Textiles Mission, targeting a market size of US$40-$50 billion by 2024 at a growth rate of 15-20% with export potential. The current...

UK invests $27bn in India since 2000 The United Kingdom wants to further deepen its business relationships with India, given it is hosting a strong Indian diaspora base and 890 Indian companies which are generating GBP40 billion of business a...

India to get most advanced helicopters President Donald Trump has signed US$3 billion worth of defence deals with India during state visit 24-25 Feb 2020, taking the two countries ties to a comprehensive global partnership level. India will buy 30...

Gradual pickup in 1Q20 Final quarter of 2019 (i.e. 3Q FY20) growth release is likely to reinforce that the Indian economy is in midst of bottoming out in the current growth cycle, said DBS banking group of Singapore on 25...