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Budget 2025: Manufacturing sector highlights and reactions
The Budget has also introduced a Focus Product Scheme for the footwear and leather industry, ai..
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Budget 2025: Auto industry highlights and reactions
MSMEs in the auto supply chain will benefit from easier credit access, enabling component manuf..
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GOI to launch credit guarantee scheme for MSMEs covering loans upto Rs 1 billion
The government is also focusing on promoting rural entrepreneurship, with an emphasis on enhanc..
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India unveils Rs 250 billion plan for electronics components manufacturing
The scheme will adopt a different incentive structure, as components and subassemblies are capi..
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MSMEs in 2024: Key policy announcements that shaped the sector
Companies with turnover above Rs 2.5 billion and all central public sector enterprises (CPSEs) ..
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India crosses $1 trillion in FDI inflows
FDI equity inflows into the manufacturing sector during 2014–2024 surged to $165.1 billion, u..
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India's exports set to exceed $800 billion this fiscal year: A Sakthivel
He highlighted that the establishment of 12 new industrial cities would further stimulate domes..
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IMS and its significance
With the implementation of the IMS, changes in GSTR-3B format can be expected. ..
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Telangana launches MSME policy to tackle gaps in TS-iPASS
Key features include the development of five new industrial parks dedicated to MSMEs, with one ..
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Bio-E3 policy to ignite bio-revolution in India; Jitendra Singh
The policy will also drive the creation of biotech hubs across India, facilitating collaboratio..
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Gadkari suggests vehicle scrapping to boost auto sales by 18-20%
Currently, India has 63 scrapping centers and 78 fitness centers, with plans for more...
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GST Council introduces Reverse Charge Mechanism on metal scraps
Typically the seller charges the buyer for GST, but under the newly introduced RCM provision, t..
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