Manufacturing

The Commerce and Industry Ministry is creating an action-oriented plan which will highlight specific sector level interventions to bolster India’s march towards becoming a US$5 trillion economy before 2025.

India’s major ports in India have recorded a growth of 4.83% and together handled 461.21 million tonnes of cargo during the period April to November 2018 as against 439.96 million tonnes handled during the corresponding period of previous year.

India has a lot to learn from South Korea in terms of innovation in the manufacturing sector and creating a robust industrial base as it moves on to strengthen its own manufacturing sector, said a Principal Economic Adviser at the...

Public sector bank’s top executives are not accessible to exporters especially those from the Micro, Small and Medium Enterprises while credit issues are yet to be resolved.

The Cabinet has approved the Agriculture Export Policy 2018 to double the sector’s exports to US$60 billion by 2022, and US$100 billion a few years after that from the US$30 billion as of now.

Indian businesses, gaining global importance, need to urgently accelerate internal process of risk management, adopt best practices and ensure world class compliance in day-to-day operations.

A Singapore AI start-up, Perlin, has joined National Institution for Transforming India (NITI Aayog) in the first ever global AI hackathon to further expand the idea of ‘Artificial Intelligence, AI for All’ which is articulated in the National AI Strategy.

The Ministry of Shipping has approved the development of a Rs.156 crore freight village in Varanasi adjoining the Inland Waterways Terminal on River Ganga.

The government will invest Rs.7,000 crore on gas pipelines across the country and links to Myanmar through Bangladesh, Petroleum and Natural Gas Minister Dharmendra Pradhan said.

The sharp decline in prices of small, low-value diamonds will exert further pressure on India’s manufacturing sector, according to the latest issue of the Rapaport Research Report.