Manufacturing

Expanding agriculture sector coupled with strong growth in infrastructure development, rapid industrialization and rising urbanization are the key factors expected to push the demand for PVC at CAGR of 6.81% during 2019-2030.

The impact of US terminating Generalised System of Preferences (GSP) Scheme will vary across Indian products depending on the individual product concessions.

Purified terephthalic acid (PTA) demand in India is projected to grow at a CAGR of 3.44% during 2019-2030 to reach 9,023 thousand tonnes by 2030 from 6,179 thousand tonnes in 2018, according to ResearchAndMarkets report.

Circular Economy has the potential to create lakhs of entrepreneurs and generate 1.4 crore jobs in next 5-7 years, said Amitabh Kant, CEO of NITI Aayog.

Circular Economy is not only to safeguard future generation but also offers huge opportunities for the present generation, according to Prof. Ashutosh Sharma, Secretary, Department of Science and Technology.

China has urged India to make an "independent judgement" about Huawei's operations in the country without being guided by the US ban on the Chinese telecom products.

India has called for ‘Expression of Interest(s)’ for shortlisting of potential Indian Strategic Partners (SPs) for construction of six Conventional Submarines for P-75(I) Project of the Indian Navy.

Economists are evaluating the impact of challenging global trade outlook and disputes on Indian economic growth in fiscal 2020, lowering growth prospects to 6.8% year-on-year from earlier projections of 7%.

The Vice President M. Venkaiah Naidu has advised the Defence Minister Rajnath Singh to take a personal interest in expediting the defence projects in Andhra Pradesh, the foundation stones for many of which have been laid.

About 2 million xEVs (electric and hybrid vehicles) will be sold in India in 2030 owing to increasing government initiatives and incentives, domestic OEMs' interest towards EVs and the increasing popularity and awareness among Indian customers, says a research report.