The Indian Association of Tour Operators (IATO) has urged the government to adopt a comprehensive and coordinated strategy to boost India’s global tourism presence. Citing the need to position India among the world’s top travel destinations, the association called...
UK-based business management platform Tide has announced plans to invest ₹6,000 crore (£500 million) in India over the next five years, underscoring its growing confidence in the country’s fast-evolving small business landscape. The expansion will create over 800 new...
VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has announced an investment of ₹544 crore (approximately 576 million Swedish Krona) to establish a new factory dedicated to producing 12-speed Automated Manual Transmission (AMT) systems....
The Ministry of Electronics and Information Technology (MeitY) has announced the transfer and launch of five indigenous agri-electronic technologies aimed at transforming India’s agriculture sector through innovation, data, and automation. The initiative, unveiled by Shri S. Krishnan, Secretary, MeitY,...
Union Road Transport and Highways Minister Nitin Gadkari announced that electric vehicles (EV) in India may reach price parity with petrol vehicles within the next 4 to 6 months, marking a significant step forward in the country’s transition to...
The Government of India’s Electronics Component Manufacturing Scheme (ECMS) has received an unprecedented response from both domestic and international stakeholders, with 249 applications committing to investments worth ₹1.15 trillion. This figure is nearly double the targeted investment of ₹59,350...
The Ministry of Mines has officially launched guidelines for its much-anticipated ₹1,500 crore Incentive Scheme to promote critical mineral recycling. Approved by the Union Cabinet in early September 2025, this scheme marks a major step toward strengthening India’s circular...
India’s Electronics System Design and Manufacturing (ESDM) sector is on a robust growth trajectory, expected to double by 2030 and reach a market size of ₹7–8 lakh crore, according to a recent report by CareEdge Ratings. The report attributes...
India’s banking and financial services sector is tightening lending norms for micro, small and medium enterprises (MSMEs) as early signs of stress begin to emerge. Amid rising delinquencies, especially in smaller loans, both banks and non-banking financial companies (NBFCs)...
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...