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India's global FDI share drops to 2.1% in 2023

Nearly 49.5% of FDI during October 2019–March 2024 went to Maharashtra and Gujarat, 30.3% to the Karnataka-Tamil Nadu-Andhra-Telangana region, and the remaining 17.8% to Delhi and Haryana.Read more

Dighi Industrial Smart City to shoot Maharashtra towards $1 trillion economy

Located 55 km east of Dighi port, the proposed city will span 6,056 acres and involve an investment of Rs 54.69 billion. Read more

Rising automation increases need for testing and measurement equipment

In this interview, Manish Dixit, Sales Director – Instrumentation, ABB India, elaborates on factors contributing to the growth of T&M sector and the company's plans to tap opportunities in the sector.Read more

German industrial orders fall sixth consecutive month amid weak foreign trade

The most affected sectors were mechanical engineering and the automotive industry, with orders down 0.9% and 0.7%, respectively, from May. Read more

India must emerge as an innovation-driven economy: Baba Kalyani

In this message, on the occasion of India's 78th Independence Day, Baba Kalyani, Chairman & MD of Bharat Forge Ltd, emphasises on India's journey towards becoming a global leader and the manufacturing sector's role in Viksit Bharat 2047.Read more

India's composite PMI falls to 60.7; depicts healthy economy

While global manufacturing faces headwinds, India’s economic sectors, particularly manufacturing and services, continue to demonstrate significant growth and resilience.Read more

Indian economy estimated to grow 7-7.2% in FY25: Deloitte

The Indian economy grew at 8.2% in the 2023-24 fiscal year.Read more

Indian economy grows in 24-25 as rural spending increases: RBI

Rural spending is outpacing urban segments, narrowing the rural-urban divide, as highlighted by the recent monthly per capita consumption expenditure (MPCE) survey of the NSSO. Read more

Eminent attendees grace PRSI 2024 on plastic recycling & circular economy

With India's waste management market projected to grow from $13.1 billion in 2023 to $21.7 billion by 2032, exhibiting a CAGR of 6.50% during 2024 – 2032, the roundtable aimed to address critical issues and explore opportunities within this dynamic and rapidly evolving sector.Read more

Madan Sabnavis: The major problem for SMEs is their low credit worthiness

In this interview with Pratap Padode, Editor-in-Chief, Smart Manufacturing & Enterprises (SME), Madan Sabnavis, Chief Economist, Bank of Baroda, discusses the status of the private investment cycle, key pain points of SMEs, and some probable solutions.Read more

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