Emerging markets experienced a further dip in economic momentum in May 2025, as fresh data from S&P Global Market Intelligence’s Purchasing Managers’ Index (PMI) revealed a renewed manufacturing slowdown. The GDP-weighted emerging market PMI output index fell to 50.9...
Uttar Pradesh has unveiled plans to construct a ₹125 crore "flatted factory" in Greater Noida as part of its ambitious strategy to support Micro, Small, and Medium Enterprises (MSMEs) and drive the state toward its USD 1 trillion economy...
Venture capital firms in India are increasingly embracing artificial intelligence (AI) and automation to enhance efficiency in sourcing and managing deals. With growing workloads and a surge in startup pitches, these firms are leveraging generative AI (GenAI) tools and...
Artificial Intelligence (AI) remains significantly underutilised by India's small and medium enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) in the manufacturing sector. Experts at a recent summit organised by the Bangalore Chamber of Industry and Commerce (BCIC)...
NITI Aayog has released a detailed policy framework aimed at strengthening medium enterprises—an often-overlooked segment of India’s MSME landscape with high potential for scale, innovation, and export growth. Titled “Designing a Policy for Medium Enterprises”, the report positions this...
India’s Directorate General of Foreign Trade (DGFT) has issued new policy reforms aimed at simplifying leather exports, with a focus on reducing compliance burdens and boosting competitiveness. The changes, announced through Notification No. 15/2025-26 on May 26, 2026, remove...
The Delhi government has announced the establishment of two new food incubation centres and three high-tech laboratories to support startups, micro food processing units, and emerging entrepreneurs in the capital. The announcement was made by Delhi Industries Minister Manjinder...
The Apparel Export Promotion Council (AEPC) has signed a Memorandum of Understanding (MoU) with the Green Business Certification Institute (GBCI) to promote environmentally sustainable practices in India’s garment manufacturing industry. The agreement aims to boost the number of apparel...
The Indian Biogas Association (IBA) has welcomed the central government’s decision to revise the procurement price of compressed biogas (CBG), calling it a positive step for the bioenergy sector. The petroleum ministry has increased the procurement rate from Rs...
The Punjab government has announced a capital subsidy scheme to encourage industries to adopt paddy straw-based boilers, a move aimed at managing agricultural residue and reducing dependence on coal. Industries and Commerce Minister Tarunpreet Singh Sond confirmed the initiative...
