Manufacturing

India to work on increasing its share in global automotive trade Taking steps forward towards the vision of an ‘Aatmanirbhar Bharat’, the Government has approved the PLI Scheme for Automobile Industry and Drone Industry with a budgetary outlay of Rs.26,058...

Companies see a steady pick-up in economic activities There are signs of improved consumer confidence in several key sectors of the economy, including contact services like hospitality while activities in construction and renovation have been on a pick-up for the...

Over 45,000 exporters to benefit at most challenging times: Dr A Sakthivel The Federation of Indian Export Organisations has welcomed the government’s decision of budgeting Rs.56,027 crores for pending export incentives due to exporters, which is for claims related to...

Dawra emphasises on quality and global standards to be in the world market The PHD Chamber of Commerce and Industry has identified 75 potential export products and markets to enhance and increase India’s exports to achieve US$400 billion in 2021-22...

Losses pressure American auto giant to restructure American auto heavyweight Ford will restructure its operations in India with plans to significantly expand its Chennai-based Ford Business Solutions team and bring to market some of its iconic global vehicles and electrified...

Modernisation of the Armed Forces and building a self-reliant industry are top priority, says Singh The first deliverable Firing Unit (FU) of Medium Range Surface to Air Missile (MRSAM) System, developed jointly by Defence Research and Development Organisation (DRDO) and...

Sakthivel says the scheme addresses concerns of garment exporters and encourages MMF manufacturing The Rs.10,683 crore Production Linked Incentive (PLI) scheme is a major milestone for the textile sector to attract fresh investment, build capabilities and capture a significant share...

Basic raw material prices have increased by more than 50% in one year There is a need to further fuel the drivers of household consumption and private investments to enhance the aggregate demand in the economy as it will have...

FIEO calls on the Government to provide freight support Steady recovery in global trade added with the expectation of buoyant order booking position for the coming months has led to such continuous growth in exports, according to FIEO President Dr...

Circular economy Pact launched for plastics by 2030 Protecting the climate and environment is a key pillar of the 2030 Roadmap agreed by Prime Ministers David Johnson and Narendra Modi, which sets out the UK and India’s shared ambition over...