Manufacturing

Toyoda Gosei Co Ltd plans to increase its sales volume in India to 35 billion yen by fiscal 2025, more than twice the current level as its Indian subsidiary began production from Gujarat plant.

Mumbai-listed Sterlite Tech, a global data network solutions company, will design, build and manage a carrier-grade network for a Rs.1,512 crore MahaNet-I project for the implementation of BharatNet-II in Maharashtra.

India is working to increase its exports to China, with Federation of Indian Export Organizations (FIEO) leading businesses by participating in trade shows.

Tata Motors Ltd's India operations of 39.5%, albeit on a lower base, and a 10%-12% depreciation in the Indian rupee seem to have tempered the impact of decline in Jaguar Land Rover Automotive PLC (JLR).

The Federation of Indian Export Organizations (FIEO) wants banks to move proactively to increase the flow of export credit.

Capital expenditure by central and state government agencies on homeland security presents potential of US$2.73 billion for the year 2018-2019, noted a just-concluded ASSOCHAM-KPMG joint study released on 3 Nov 2018 in New Delhi.

One of India’s biggest challenges is to protect brands amidst illegal trades while there is an urgent need to increase capacity building and training of judiciary in order to expedite cases related to economic offences.

Maharashtra will set up nine more textile parks in the state and become skill exporter over the next five years, especially benefiting from incentives given under the government’s new textile policy.

Dwindling liquidity should not affect festival demand across key sectors, said leaders of Indian industry representing diverse industrial segments.

The Prime Minister Narendra Modi has unveiled 12 key initiatives, including a loan portal to enable in 59 minutes easy access to credit for Micro, Small and Medium Enterprises (MSMEs).