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Wednesday, June 17, 2026

Industry

MeitY Selects 10 AI Startups for Global Acceleration Programme

India’s push to establish itself as a global artificial intelligence hub has gained further momentum as the Ministry of Electronics and Information Technology (MeitY) announced the selection of 10 startups for the second cohort of the IndiaAI Startups Global...

FISME Chief Stresses Lean, Green & Quality Practices

Adopting lean, green, and quality-driven practices is no longer optional for India’s MSMEs — it is vital for their survival and long-term growth, said Sandeep Kishore Jain, President of the Federation of Indian Micro, Small and Medium Enterprises (FISME). Speaking...

MSMEs Drive 40% of India’s Output and Exports: Karandlaje

Micro, Small, and Medium Enterprises (MSMEs) continue to serve as a critical pillar of India’s economic progress, contributing around 40% to the nation’s total production and exports. Union Minister of State for MSMEs, Shobha Karandlaje, highlighted this during the...

Services PMI Holds Steady at 60.9 in September

India’s services sector continued its strong performance in September 2025, with the HSBC India Services Purchasing Managers’ Index (PMI) holding firm at 60.9, according to data released by S&P Global. While marginally lower than August’s figures, the PMI remains...

Odisha Diversifies Industrial Strategy Beyond Mining

Odisha is accelerating its transition from a resource-driven economy to a knowledge-based industrial hub, with a strong push into next-generation sectors like chemicals, petrochemicals, semiconductors, apparel, shipbuilding, and renewable energy. This strategic shift is being led by Sampad Chandra...

CETA unlocks new textile growth for India

India is taking significant steps to double its textile exports by 2030, with the recently signed India–UK Comprehensive Economic and Trade Agreement (CETA) emerging as a key growth driver. A high-level delegation, led by Neelam Shami Rao, Secretary, Ministry...

Nima Goos Goos Secures Backing to Scale Globally

In a landmark moment for the Himalayan region, Nima Goos Goos — a women-owned and women-led food startup based in Ladakh — has become the first enterprise of its kind from the state to raise equity funding. The company, which...

CETA to Boost India–UK Textile Trade

India is setting its sights on doubling textile exports by 2030, with the newly signed India–UK Comprehensive Economic and Trade Agreement (CETA) expected to unlock fresh growth opportunities. The Ministry of Textiles announced this target during a high-level trade...

MPIDC to Develop Industrial Belt in Dewas

The Madhya Pradesh Industrial Development Corporation (MPIDC) has announced the development of a new multi-product industrial area spanning over 476 hectares in Dewas and Shajapur districts. The initiative is part of a broader strategy to attract large-scale industries, MSMEs,...

WTO: AI to Boost Trade 40% by 2040

The World Trade Organization (WTO), in its newly released World Trade Report 2025, forecasts that Artificial Intelligence (AI) could lead to a 40% jump in global trade by 2040 — opening massive opportunities for MSMEs in emerging economies like...

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Reimagining HRTech: Sonali Chowdhry on Building Scalable, People-First Workforce Solutions

As organizations navigate rapid digital transformation, the need for intelligent, integrated, and people-centric HR systems has never been more...