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Will solar manufacturing glow in India as renewable energy demand surges?

While India has successfully increased domestic solar module production, import of solar cells remains high. As India plans to add 60-65 GW of solar capacity, will it be a sunshine moment for solar manufacturing sector?Read more

China’s Rare Earth Elements Curb Jolts Indian Auto Sector into Action

While Rare Earth Elements (REE) based components are utilised in traditional ICE vehicles, the production of EVs is fundamentally reliant on them—without REEs, manufacturing an EV is virtually impossible, says CareEdge Ratings’ report.Read more

Can India’s Exports Takeoff Amid Global Market Uncertainty?

India's merchandise exports are navigating a complex global landscape marked by economic and geopolitical turbulence, including trade wars. India needs to take multiple measures to build a resilient, competitive manufacturing sector capable of capturing a larger share of global trade in an uncertain world, says Rakesh Rao. Read more

Will revised MSME classification solve their funding puzzle?

Only 14 per cent of credit needs of Micro, Small and Medium Enterprises (MSMEs) - the backbone of India's economy - are met through formal channels. The revised MSME classification may mark a pivotal shift in how India supports and enables its small business ecosystem, says Rakesh RaoRead more

US imposes 26% reciprocal tariff on Indian Exports; CareEdge

While the 26% may seem restrictive, it is lower than tariffs imposed on the competitors—Vietnam (46%), Bangladesh (37%), China (34%), Taiwan and Indonesia (32%), and Pakistan (29%)—giving India a relative edge in key sectors.Read more

Indian defence industry to grow around 20% from FY24-FY29: CareEdge

India’s defence exports include a diverse array of products such as aircraft, naval systems, missile technology, and military hardware.Read more

The Rise of India’s Construction Equipment Industry

Driven by increased government spending, rapid urbanization, technological advancements, and the 'Make in India' initiative, the RAHSTA (road) ahead for the construction equipment (CE) industry is bright with full of possibilities and opportunitiesRead more

RAHSTA Expo 2024 concludes to a grand success

Smart Manufacturing & Enterprises (SME) and Equipment India (EI) host construction equipment (CE) industry leaders to discuss the future of CE industry. The 10th India Construction Festival (ICF) 2024 awards over 75 companies from infrastructure industry. Read more

Budget 2024-25: Analysis of Budget impact on MSMEs

The budget places special attention on MSMEs and labour-intensive manufacturing, introducing a new assessment model for MSME credit by public sector banks based on digital footprints rather than only on assets and turnover criteria. Read more

Indian pharmaceutical industry to expand by 9%; surpass $70 billion by FY27

Between FY13 and FY18, Indian pharma companies faced severe regulatory challenges that adversely impacted their operations and ability to launch new products in regulated markets. Read more

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