Markets

Ministry says the $375m contract is a step forward in responsible defence exports BrahMos Aerospace Private Limited (BAPL) has signed a US$375 million contract with the Philippines' Department of National Defence for the supply of DRDO's Shore-based Anti-Ship Missile System....

Mayor Sohi says this is the beginning of new partnership between Edmonton and HCL HCL Technologies has opened its Innovation Center focused on Engineering and R&D services in Edmonton to co-innovate with customers and solve complex business problems for clients...

SEMG has strong omni-channel distribution and aspirational brands, says Venu TVS Motor Company has taken a 75% stake in the Swiss E-Mobility Group (SEMG), reaffirming commitment to expansion in Europe through a portfolio of premium and leading technology brands, including...

US, China, UAE, Italy and Germany are top five markets, says Ministry Exports of Engineering Goods increased strongly by 54% to US$81.8 billion during April-December 2021 (Provisional) from US$52.9 billion during same period a year ago, Ministry of Commerce and...

Ministry assures that DGTR protects the interest of Indian exporters The Trade Defence Wing (TDW), through a series of consultation, has had the European Commission reduced the imposition of duty margin as low as 0.45% on stainless steel cold rolled...

Exports are expected to increase to $120bn by 2026 from $15bn in 2021-22, says Chandrasekhar Ministry of Electronics and Information Technology, in association with ICEA, has released a 5-year roadmap and Vision Document for the electronics sector, “US$300 billion Sustainable...

Lakshminarayanan says company witnessed good sequential growth in data business Tata Communications continued to focus on providing holistic solutions to customers and accelerating their digital transformations, the company's MD and CEO A.S. Lakshminarayanan said on announcing the latest financial results....

PSL can encourage banks to fast-track India's transition to EVs, says Stranger Banks and non-banking financial companies (NBFCs) in India have the potential to achieve an Electric Vehicles (EVs) financing market size of Rs.40,000 crores (US$5 billion) by 2025 and...

MSMEs are capable of being globally competitive in supply chain There is tremendous potential for Indian engineering MSMEs to be integrated into the Global Value Chain due to their manufacturing cost advantage, B. B. Swain, Secretary, Ministry of MSME, told...

The Popeyes® brand has grown across the world to 3,500 restaurants in 25 countries, says Shear Popeyes®, the iconic Louisiana style chicken serving fast food group, plans to open hundreds of restaurants across India, Bangladesh, Nepal and Bhutan in the...