Manufacturing

The Defence Acquisition Council (DAC) has approved procurement of equipment worth over Rs.5,100 crore from indigenous sources, including the sophisticated Electronic Warfare Systems for the Army designed by Defence Research and Development Organisation (DRDO) and manufactured locally by the Indian...

The Government is coming out with a new trajectory of loss reduction and distribution companies will have to follow it to get further Government grants and or for access to loans from the Power Finance Corporation.

India has not been able to take advantage of the Free Trade Agreements (FTAs) due to the poor quality of Indian goods or due to Non-Tariff Barriers (NTBs), Commerce and Industry Minister Piyush Goyal has said.

The Czech Republic is seeking to become a strategic partner of India and work jointly for its economic development, especially through industries such as IT, logistics and manufacturing.

The Indian Railways’ budget for 2019-20 stands at Rs.1.59 lakh crore as it undertakes high priority initiatives such as electrification, rolling-stock upgrade and track expansion as well as new metros, according to an industry report.

The Indian exports is passing through a very tough and challenging times, said FIEO President Sharad Kumar Saraf, adding that global players including China was also losing its sheen in exports.

The Qatar Free Zones Authority has invited Indian investors with a slew of attractive benefits and hassle-free investment environment in the Emirate, strategically located at the intersection of Asia, Africa, and Europe.

The Indian Air Force is in the process of acquiring about 200 aircraft out of which expression of interest has been floated for 110.

The Government has planned Rs.102 lakh crore National Infrastructure Pipeline such as inland waterways, shipping, and an industrial steel hub supporting projects.

The Indian ayurvedic products market is expected to grow at a CAGR of 14% during 2019-2024, said a report from ResearchAndMarkets on 9 Jan 2020.