Industry experts gathered at the Meditech Stackathon 2024 to address import dependency in India's MedTech sector. The event, hosted by the Department of Pharmaceuticals and the CII, aimed to slash imports from 75% to 50% within five years. Stakeholders...
The Indian government is taking significant steps towards establishing a self-reliant electronics industry with its new production-linked incentive (PLI) scheme focused on electronics component manufacturing. This initiative aims to reduce dependence on foreign suppliers like China and Vietnam. This...
The National Symposium on "Food Processing 4.0: Innovation and Sustainability," hosted by Punjab Agricultural University (PAU), recently concluded, marking a significant stride towards revolutionizing food processing technologies. Organized by the Department of Food Science and Technology, this event in...
India's biotechnology sector is a rapidly growing force in the global arena, known for its innovation in healthcare, agriculture, and environmental management. As the industry expands, the need for green manufacturing practices becomes increasingly critical. Sustainable biotech production not...
In a move highlighting the power of impact investment, Aavishkaar Capital has recently led a funding round that injected Rs 41 crore into Go DESi, a startup from Bengaluru that packages and sells traditional Indian snacks.
Exploring Aavishkaar India Fund...
The domestic chemicals industry in India is seeing a positive shift as demand revives and inventories stabilize, according to the latest CRISIL SME Tracker. After a challenging last financial year marked by oversupply issues from China, weak demand in...
In its latest electoral manifesto, the Bharatiya Janata Party (BJP), led by Prime Minister Narendra Modi, has pledged significant support. It aims to extend health insurance coverage to seniors. Additionally, the BJP Manifesto plans to provide affordable insurance options...
In a significant move to bolster the Micro, Small, and Medium-scale Enterprises (MSMEs) sector, the Central Government of India has initiated a strategic project to develop a technology centre in Coimbatore. This initiative, with an impressive budget of ₹167.82...
India's food processing sector is poised for significant expansion, projected to reach USD 535 billion by 2025-26, as outlined by Anita Praveen, Secretary of the Ministry of Food Processing. During the FICCI Scientific Symposium on 'Processed Foods for Purpose,'...
The rollout of the Goods and Services Tax (GST) over six years ago under Prime Minister Narendra Modi's administration has left a lasting impact on India's economic landscape, particularly among micro, small, and medium enterprises (MSMEs). As the nation...
