Manufacturing

Commerce and Industry Minister Piyush Goyal and industry stakeholders have discussed opportunities for India in the growing digital economy.

Bharat Heavy Electricals Limited (BHEL) has secured a Rs.800 crore orders for 200 MW Solar Photovoltaic (SPV) plants from NTPC Ltd and Gujarat State Electricity Corporation Ltd (GSECL).

India must seize the opportunity to increase exports to China, which will be importing goods and services worth US$24 trillion in the next five years.

Issues relating to bring in more capital to the infrastructure sector such as highways, railways, telecom, auto-mobile and incentives for electric vehicles were highlighted during Finance Minister Nirmala Sitharaman Pre-Budget Consultation Meeting with stakeholders from Infrastructure and Climate Change Sectors.

Finance Minister Nirmala Sitharaman has discussed with the Financial Sector and Capital Markets' stakeholders issues relating to the banks, NBFCs, and Alternative Investment Funds (AIFs) among others during a Pre-Budget Consultations Meeting in New Delhi.

Stakeholders have been asked for support the National Mineral Policy (NMP) 2019, which aims to hike mineral production by 200% in seven years.

The Federation of Indian Export Organizations (FIEO) has called for online-30-day approval for all foreign direct investments relating to technology transfer and niche technology.

San Francisco’s global apparel retailer Gap Inc has announced a new partnership with its longtime sourcing and franchise partner in India, Arvind Limited, to drive industry-leading solutions that address global water scarcity.

Commerce & Industry and Steel Ministers have assured the steel industry that all efforts will be made to double engineering goods exports in the next 5 years for achieving US$200 billion target by 2030.

International Centre for Automotive Technology (ICAT) has released India’s first Type Approval Certificate (TAC) for Bharat Stage - VI (BS–VI) norms for the two-wheeler segment in New Delhi on 10 June 2019.