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India’s GDP to grow 11% in 2021-22: Economic Survey

V-Shaped economic recovery to be driven by mega vaccination drive, robust recovery in the services sector, robust growth in consumption and investment. Agriculture to clock 3.4% growth in 2020-21, while industry and services to contract by 9.6% and 8.8% respectively.Read more

CARE Ratings estimates GDP degrowth of 6.1 per cent

These are revised observations, considering the lockdown reinstated even in July across many states and manufacturing units operating at half of its capacity. Read more

“It would be good for welding industry if GDP grows at 6-8%”

The welding customers, who are always under pressure to reduce cost, are faced with issues such as consistent quality improvement, light weighting (in automotive industry), newer materials, etc.Read more

Gujarat witnesses 41% growth in MSME sector

Speaking at FICCI’s National Executive Committee Meeting, Vijay Rupani said that the state has been focusing in the Startups, SMEs and job creation in major way.Read more

Net-zero carbon emissions from heavy industry possible: ETC Report

Reaching net-zero carbon emissions from heavy industry and heavy-duty transport sectors is technically and financially possible by 2060 and earlier in developed economies and could cost less than 0.5 per cent of global GDPRead more

Machine tools industry: Mission 2020

Adopting futuristic technologies is enabling Indian companies to take a quantum leap in terms of manufacturing growth. To meet the rising demands of customers, according to V Anbu, the machine tools industry is investing in Industry 4.0, IoT (Internet of Things), 3D printing, automation, artificial intelligence (AI) and robotics. Read more

Industry 4.0 can leapfrog Indian manufacturing

The government is hoping India to become the fifth largest manufacturing country in the world by the end of year 2020 through Make in India initiative. K Shankar feels that a digital push to Industry 4.0 as a policy will allow the country to achieve this highly ambitious goal. Read more

India's GDP growth speeds up at 7.7% in Q4FY18

The improvement in growth appears to be broad-based, with both consumption and investment showing improvement, says CrisilRead more

Inefficient logistics impacting competitiveness of Indian products

Minister of State for Commerce & Industry, C R Chaudhary said that India is losing 14% of GDP due to inefficient logistics which impacts the competitiveness of Indian products.Read more

“Indian power sector is going to shift into top gear”

…says Vijay Karia, Chairman of ELECRAMA, and Managing Director at Ravin Group of Companies.Read more

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