Markets

Biotech industry has grown to $140bn Minister of State Dr Jitendra Singh has highlighted India’s progress in science and technology, briefing an American business delegation on the US$140 billion strong Biotech industry with a base of 4,000+ companies. NISAR, a...

Recyclers drop scrap prices by $5/LT Indian mills and traders are waiting for “good news” from the re-elected central government on new infrastructure programmes from the budget due later this month (July). Finance Minister Nirmala Sitharaman has concluded the seventh...

Desire for healthier lifestyles driving growth of organic farming sector The organic food industry in India is expected to reach ~Rs.625.69 billion by 2028, expanding at a CAGR of ~37.01% during the 2024 - 2028 forecast period, according to a...

HEMS are developed and designed in India, for India and globe, says Sharma Schneider Electric http://se.com , the global leader in the digital transformation of energy management and automation from France, unveiled an innovative lineup of products and solutions aimed...

Indian shipping sector is less than 1% of the global shipbuilding market Policy measures are being examined by the Ministry of Ports, Shipping and Water (MoPSW) http://shipmin.gov.in to strengthen demand creation domestically for shipping services, given that the country require...

Verma stressed the need to become a sustainable circular economy India's plastic recycling industry is rapidly growing, and is expected to reach US$6.9 billion by 2033, according to Arvind Mehta, Governing Council Chairman All India Plastics Manufacturers' Association (AIPMA) https://www.aipma.net/...

Chandran highlights ongoing efforts to innovate and deliver quality service Hexaware Chief Financial Officer Vikash Jain said the Coimbatore facility is an important step that for the IT services and solutions provider from Navi Mumbai to harness the diverse talent...

Singapore’s BFSI company appoints effective leaders with wealth of experience Singapore-headquartered Azentio Software https://www.azentio.com/ , a leading end-to-end software company specializing in the BFSI sector and five offices in India, says Aarthi Ramesh as Chief Customer Officer will ensure customer...

Gartex to host textile solutions from China, Italy, Japan, Singapore, Taiwan and the US The market for Indian textiles and apparel is projected to grow at a 10% CAGR to reach US$350 billion by 2030 with the exports expected to...

5G-IoT to catalyse the demand for wireless charging The wireless technology market in India is expected to reach Rs.5.55 trillion in FY 2028, expanding at a compound annual growth rate (CAGR) of ~21.47% during the FY 2024-FY 2028 period, according...