Manufacturing

The Cabinet Committee on Economic Affairs has approved the transfer of administrative control of Brahmaputra Cracker and Polymer Limited (BCPL) to Ministry of Petroleum & Natural Gas to get 15-year subsidy of Rs.4,600 crore.

The Cabinet has approved signing of Memorandum of Understanding between India and Brazil on Bioenergy Cooperation and promote investment in biofuel, bioelectricity and biogas supply-chains, including feedstock, industrial conversion, distribution and end use sectors.

India has launched its first long distance CNG-fuelled bus for traveling around 1,000 kms in a single fill in light composite tanks made by India-US partnership.

PHD Chamber of Commerce and Industry has urged the government for amendment in the definition of Micro, Small and Medium Enterprises (MSMEs) to rejuvenate economic growth.

Chhattisgarh Chief Minister Bhupesh Baghel has highlighted his state’s immense potential in eco-tourism, food processing, agro-forestry among others and assured investors of his government's support.

The Government’s handholding for MSMEs in adoption of digital technology has been assured by Ajay Prakash Sawhney, Secretary, Ministry of Electronics and Information Technology (Meity).

Sunil Alaric D’Souza has been appointed Managing Director and CEO of the Tata Global Beverages Ltd (TGBL), assuming the role with effect from 4 April 2020.

Startups need to dirty their hands to offer quality services to the customers than just about building an app and a website for an unorganized sector.

The Indian Railway plans to invest US$700 billion through partnerships, joint ventures and collaborations to strengthen the infrastructure and reach the farthest corners of the country in the next 12 years.

Commerce and Industry Ministry will extend all help to the gem and jewellery sector to achieve its target of US$75 billion much faster from the current US$40 billion, assured Minister Piyush Goyal.