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India aims for $1 trillion exports by 2030, focus on electronics, RE, EVs
The surge is attributed to the export of Samsung and Apple phones, with smartphone exports reaching $10.9 billion in FY 23, marking an 88.9% increase from April to August.Read more
Atmanibhar Bharat: Revolutionising manufacturing industry
India’s manufacturers have a golden opportunity to make the best of the increasing demand in India along with the multinationals’ aspiration to diversify their production in an effort to include low-cost plants in countries. This would grow the manufacturing sector significantly by 2025 and also create million domestic job opportunities, writes Shreegopal Kabra.Read more
India attracts USD 72.12 Bn FDI during April ‘20 to Jan ‘21
India has attracted total FDI inflow of USD 72.12 Bn during April 2020 to January 2021. Read more
DPIIT simplifies Industrial Entrepreneur Memorandum (IEM) portal
This Single form will facilitate filling of investment intentions (IEM-Part A) and reporting of commencement of production (IEM-Part B) in a seamless manner.Read more
Reconsider Haryana’s rule of 75% reservation for locals in pvt sector: ACMA
The Automotive Component Manufacturers Association of India (ACMA) believes that such a move would not only adversely impact the ‘ease of doing business’ in the state, but also be detrimental to Haryana’s image of an industry friendly state and in attracting future investments.Read more
Govt assures action on ease of doing business in defence Sector
Ajay Kumar, Secretary (DP) has assured the industry that the Ministry of Defence was keen to align procurement and production and the recently constituted Defence Planning Committee chaired by the NSA will also undertake this issue.Read more
India to become a $5 trillion economy soon: Suresh Prabhu
India will be a 5 trillion dollar economy, it is only a matter of time according to Suresh Prabhu, Minister of Commerce and Industry and Civil Aviation. He was speaking at the Annual Session 2018 organised by the Confederation of Indian Industry in New Delhi on 9th of April 2018.Read more