India’s ambitious Electronics Component Manufacturing Scheme (ECMS) is off to a robust start, with the Centre receiving investment proposals worth ₹1.15 trillion from 249 companies, Union IT Minister Ashwini Vaishnaw announced on Thursday. The proposals reflect strong global and...
The Ministry of Coal, in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI), is set to host the 2nd Roadshow on Coal Gasification – Surface and Underground Technologies in New Delhi. The event is part...
India’s aerospace industry must embrace end-to-end digitisation if it hopes to scale up and emerge as a global manufacturing hub, according to Banmali Agarwala, Chairman of Tata Advanced Systems (TAS).
Speaking at a symposium hosted by the Indian Foundation for...
The Indian government has reaffirmed that manufacturing will be the key engine propelling the country towards its long-term target of becoming a $35 trillion economy by 2047. With global supply chains undergoing realignment and domestic reforms gathering pace, policymakers...
India’s automobile industry recorded mixed sales trends in August 2025, with passenger vehicle sales witnessing a decline as customers delayed purchases ahead of the upcoming GST reforms. Meanwhile, the two- and three-wheeler segments reported steady growth, reflecting diverse consumer...
The PHD Chamber of Commerce and Industry (PHDCCI) has called on the Indian government to urgently address a growing GST duty inversion in the polyester textile value chain. The industry body warned that the current tax structure—where raw materials...
Union Minister of Commerce and Industry, Shri Piyush Goyal, has called on India’s steel sector to focus on self-reliance and reduce dependence on imports. Speaking at the 6th edition of the ISA Steel Conclave, the Minister urged the industry...
In a major step toward decarbonising India’s freight sector, the Ministry of Heavy Industries has launched the country’s first-ever incentive scheme for electric trucks under the PM E-DRIVE initiative. Spearheaded by Union Minister H.D. Kumaraswamy and aligned with Prime...
India’s manufacturing MSMEs are grappling with an overwhelming regulatory burden, with compliance costs running as high as ₹17 lakh annually, according to a new report by TeamLease RegTech. The report, titled ‘Decoding Compliance for Manufacturing MSMEs in India’, paints...
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...
