The Government of India has approved the first batch of seven projects under the Electronics Manufacturing Components Scheme (ECMS), representing a total investment of ₹5,532 crore. The move aims to transform India’s electronics ecosystem from product assembly to full-fledged...
NITI Aayog has released two comprehensive reports — “India’s Services Sector: Insights from GVA Trends and State-Level Dynamics” and “India’s Services Sector: Insights from Employment Trends and State-Level Dynamics” — marking the first detailed national assessment of the services...
Global investment bank UBS has ranked India among the most attractive emerging markets for investors, highlighting its resilient economy, strong consumption trends, and reform-driven growth.
In its latest outlook, UBS upgraded Emerging Market (EM) equities to “Attractive,” citing an improving...
The Confederation of All India Traders (CAIT) has accused several leading e-commerce and quick commerce companies of committing what it calls “alarming and unchecked violations” of Indian trade regulations.
In a letter to Commerce and Industry Minister Piyush Goyal, CAIT...
The Ministry of Defence has rolled out the Defence Procurement Manual (DPM) 2025, introducing a 25% product reservation for Micro and Small Enterprises (MSMEs) and offering major relaxations for start-ups recognised by the Department for Promotion of Industry and...
India’s eight core industries grew 3% year-on-year in September 2025, led by strong performance in steel and cement, according to data from the Commerce and Industry Ministry. Steel output surged 14.1% as demand from government infrastructure projects picked up,...
Karnataka’s economy—stretching from coffee plantations in Coorg to tech corridors in Bengaluru—has received a major boost through the latest GST rate rationalisation. The reforms span multiple sectors, including agriculture, manufacturing, handicrafts, and technology, reducing prices by 5–12% across essential...
Union Minister for Commerce and Industry Piyush Goyal has emphasized that India’s chemical and petrochemical industry holds immense potential to become a global leader in innovation, sustainability, and advanced manufacturing.
Speaking at the 7th Indian Chemicals and Petrochemicals Conference organized...
India has launched a $120 million initiative to promote a circular economy in the electronics sector, aiming to transform how the country manages e-waste and electronic resources. The five-year program, led by the Ministry of Electronics and IT (MeitY)...
India’s Unified Payments Interface (UPI) has achieved a new milestone, crossing 500 million consumers and 65 million merchants nationwide, according to a joint report by the National Payments Corporation of India (NPCI) and the Boston Consulting Group (BCG). The...
