A recent government update outlines a coordinated set of quality, certification and credit measures designed to support India’s MSME sector. From phased Quality Control Orders (QCOs) with explicit relaxations, to Bureau of Indian Standards (BIS) fee concessions and Reserve...
India’s manufacturing sector continues to dominate foreign technical partnerships, accounting for 78.4% of all Foreign Technical Collaborations (FTCs) reported between FY23 and FY25, according to new data released by the Reserve Bank of India (RBI). The insights come from...
The Union Cabinet has cleared a ₹7,280 crore scheme to establish India’s first full-scale manufacturing ecosystem for sintered rare-earth permanent magnets (REPM), marking a major strategic move toward self-reliance in clean-energy and high-tech supply chains. These magnets are critical...
In a major boost to India’s industrial transformation, Union Minister for Steel and Heavy Industries H.D. Kumaraswamy launched the third round — PLI 1.2 — of the Production Linked Incentive (PLI) Scheme for Specialty Steel on November 4, 2025....
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...
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...
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...
The Chhattisgarh government has approved key amendments to its Industrial Development Policy 2024–30 in a bid to attract investment, boost local employment, and modernise its industrial base. The decision was finalised at a cabinet meeting chaired by Chief Minister...
The Federation of Karnataka Chambers of Commerce and Industry (FKCCI) has submitted its pre-state budget memorandum for 2025-26, calling for investment revival, industrial infrastructure development, and a dedicated MSME policy. The recommendations emphasize the distinct challenges faced by micro...
The primary goal of Industrial and MSME Policy Resolutions was to advance industrial development and furthermore decide the example of state help to small industrial units for satisfying financial targets. The advancement of businesses has been viewed as an...
