Manufacturing

The Federation of Indian Export Organizations (FIEO) has urged the Government to provide a 200% tax deduction for Research and Development (R&D) investment and product innovation as the sector face long gestation activity with uncertainty.

Commerce and Industry Minister Piyush Goyal has called for a Mass Movement to strengthen the cooperative sector in agriculture and tap its true potential to double farmers’ income to Rs.7 lakh crore by 2024-25.

The Indian food processing market is projected to reach Rs.50,571 billion by 2024, exhibiting a CAGR of 12.4% during 2019-2024. It was Rs.24,665 billion in 2018.

Expectations are running high and time is “RIPE” for India to boost its economy through Reforms, Investment, Proactive and Expansion over the next five years as the ruling government has been re-elected with strong mandate from the 2019 General Election.

The first ever India International Cooperatives Trade Fair (IICTF), unique initiative for taking farmers, artisans and other members of cooperatives directly to the global trade arena, is to be held in New Delhi 11-13 October 2019.

The Mahatma Gandhi IT & Biotechnology Park (MGIT-BP) was inaugurated on 27 June 2019 as part of India’s broader engagement with Africa.

The MSME industry should come up with ‘special proposals’ and suggest steps required to be taken by the government to increase production, boost exports and enable domestic enterprises to withstand global competition.

The Indian Printed Circuit Board (PCB) market is projected to enjoy a strong 17.9% CAGR during 2019-24 with a turnover of US$6.33 billion by 2024.

In an endeavour to encourage the use of Electric Vehicles (EV) especially in two and three-wheeler categories, FICCI has recommended inclusion of Battery Swapping model of charging under the FAME-II (Faster Adoption and Manufacturing of Electric Vehicles) scheme of Department...

ASSOCHAM has impressed upon the government, RBI and the banks to ensure adequate liquidity into NBFCs, provide investment incentives and cut corporate tax rates for revival in the economic growth and creation of new entrepreneurial opportunities.