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Government considers legal action against three firms for FAME subsidy recovery

The move comes after the ministry of heavy industries failed to recover the disputed amount from these companies even after multiple attemptsRead more

India's exports may hit $ 450B in 2024 amidst Red Sea mishap, says Ashwani Kumar

The main drivers of merchandise export growth in February include engineering goods, electronic goods, organic and inorganic chemicals, drugs and pharmaceuticals, and petroleum productsRead more

Indian Warehousing developers rush for land amid shift from China

Businesses in India have traditionally relied on dingy, stuffy low-rise sheds known as godowns for their storage needs, but these are unsuited to the needs of foreign industrial giants whose investment Prime Minister Narendra Modi wants to lureRead more

Will exports turn positive amid Red Sea crisis?

Armed conflict in the Red Sea is affecting the global trade as the movement of goods has been hindered by the conflict since November last yearRead more

Lenovo report shows 95% of Indian CIOs favor AI investment for 2024

According to the report, a staggering 95 per cent of Indian CIOs consider Al as critical for business success in 2024Read more

Sterling & Wilson Renewable Energy Selects Nextracker NX Horizon™ Solar Trackers

Nextracker was selected by SWRE to supply its flagship solar trackers for phase two (1.5 GWdc) and phase three (375 MWdc) Solar Projects at NTPC Renewable Energy Limited’s solar park in Khavda, Rann of Kutch, Gujarat.Read more

Acer, Asustek boost manufacturing operations in India amidst stricter import rules

Acer and Asustek, have unveiled their intentions to amplify manufacturing operations in India.Read more

Xiaomi urges India for support amid component supplier hesitancy

In a letter dated February 6, the company also urges India to consider providing manufacturing incentives and reducing import tariffs for specific smartphone components.Read more

Socomec India unveils strategic expansion plans to Sri Lanka, Bangladesh

With a recent €5 million investment by Socomec Group in the Indian market to enhance manufacturing capacity, the goal is not only to meet local demands but also to Sri Lanka and Bangladesh markets through exports.Read more

SIAM hosts 3rd edition of the Global Electrification Mobility Summit

The Society of Indian Automobile Manufacturers (SIAM) hosted the 3rd Global Electrification Mobility Summit (GEMS) on the second day of the Bharat Mobility Global Expo 2024 at Pragati Maidan.Read more

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