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India: Leading global manufacturing

On April 11, 2024, the Asian Development Bank (ADB) - following the International Monetary Fund (IMF), World Bank, and Moody’s - raised India’s GDP growth forecast for 2024-25 to 7 per cent from the 6.7 per cent projected in December 2023Read more

Indo-Germany trade alliance: A model of resilience and growth

With a trade history spanning over 500 years, India and Germany share a deep-rooted connection forged through centuries of economic cooperation. Over time, bilateral trade has not only increased but has also led to the discovery of new business and investment prospects by German companies in India and vice versa, says Rajesh Nath.Read more

India’s RE sector receives FDI equity investment of $6.1 bn during Apr 2020 - Sept 2023

Under the extant Foreign Direct Investment (FDI) policy of the Government of India, FDI in renewable energy sector is permitted up to 100% under the automatic route.Read more

Yogi Adityanath promotes 'Make in UP' for aviation sector

Several prominent Indian and international companies, including those from the US, have expressed keen interest in establishing their manufacturing and assembly facilities in UP.Read more

Japan's Marubeni Eyes High-Tech Industrial Park in Karnataka

The ambitious project stands at Rs 28 billion of investmentRead more

Mitsubishi Electric to set up AC, compressor manufacturing facility in Tamil Nadu

The government of Tamil Nadu and Mitsubishi Electric Corporation signed a memorandum of understanding (MoU) to build an air conditioner (AC) and compressor manufacturing plant in India. The 52-acre site will be set up in Thiruvallur District, Tamil Nadu.Read more

India: The beacon of growth

India’s exports - estimated at $ 767 billion - for FY 2022-23 recorded a rise of 14.5 per cent over FY22’s $ 669.65 billion.Read more

Korea to partner Maharashtra for smart cities & villages, SMEs & start-up hubs

Maharashtra State Industries Minister Mr Subhash Desai and KOTRA Vice-President Mr Kim Doo Young inaugurated Korean Expo 2016 at the Bombay Exhibition Centre. Korea is amongst the Top 6 (it was Top 7 in 2015) import sources for India during January-September 2016 with India importing a total of US$ 8.9 billion (-8.7%) as compared to US$ 9.8 billion in 2015 (Jan-Sep).Read more

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