Manufacturing

Reform agenda will turn more inclusive, alongside fine-tuning initiatives that have already been undertaken, if Prime Minister Narendra Modi-led coalition government returns to power as indicated by exit polls after voting ended for the general election on 19 May 2019.

For the creation of a million productive jobs, India has to build at least 1,000 quality universities in the next 10 years and 50 times as many technical colleges, according to research report.

The Defence Ministry is allowing private industrial companies and public sector units, having system to meet requisiteISO standards, to self-certify the quality of products they make for the armed forces.

The new government at the Centre in New Delhi, will have a “fairly robust” economic agenda and need to support fiscal integrity and reforms.

The demand for naphtha in India is projected to grow at a CAGR of 6.18% during 2019-2030 to reach 37,158 thousand tonnes by 2030.

The India room air conditioner market size is projected to grow at a CAGR of 13.7% during 2019-2025, said ResearchAndMarkets in a report on 16 May 2019.

Tata Chemicals will aggressively grow its Specialty Chemistry business in the areas of Agro-Science, Nutrition Science, Material Science, and Energy Storage Science.

The Indian solar power equipment market is projected to grow at a CAGR of over 12% to reach US$6.3 billion by 2024, owing to increasing focus on solar power generation, said a report by ResearchAndMarkets.

The importance of Surat, the world’s largest diamond cutting centre, was highlighted in global markets when the industry hosted the Rapaport Trade Mission’s 36 international diamantaires and jewelers from the US, Singapore, UK, Lebanon, Japan, Israel, Austria, Australia, Italy and...

Downward trend in labour-intensive sectors of exports not good for the economy, said FIEO President Ganesh Kumar Gupta, reacting to export growth of a mere 0.64% for April 2019.