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India's Electronics exports stumble, facing sharp decline in global demand
India's electronics exports experienced a significant dip in September, hitting a 13-month low and declining by 3.7% compared to the previous year.Read more
Sigachi Industries expands globally with strategic partnership in Saudi Arabia
Through their wholly owned subsidiary, Sigachi MENA FZCO, and SNP, they have jointly established Sigachi Arabia, with Sigachi MENA FZCO holding a substantial 75% stake and SNP owning the remaining 25%.Read more
India introduces new import authorisation system for Laptops and Tablets
The new "import management system" will be implemented from November 1. Companies are required to register the quantity and value of imports, but the government will not deny any import requests.Read more
India emerges as key global supply chain player despite challenges: BofA report
India's potential as a manufacturing powerhouse and export hub is hindered primarily by high logistics costs and a significant infrastructure gap, states the report.Read more
India's growing economy set to outpace China temporarily: IMF
According to Krishna Srinivasan, Director of the Asia and Pacific Department at the IMF, India is projected to account for 18% of global growth by 2028, up from the current 16%.Read more
Ministry to set up Bharat Semiconductor Research Centre, targets global leadership by 2028
Ministry of Electronics and IT will start setting up Bharat semiconductor Research Centre from next year in collaboration with the industry and academia, minister of state Rajeev Chandrasekhar said.Read more
Hindustan Aeronautics targets global markets with new export division
HAL plans to target various countries, including Argentina, Nigeria, Egypt, and the Philippines, offering its light combat aircraft (LCA) Mk-1A and advanced light helicopter (ALH).Read more
China imposes export permits on graphite amid global supply chain concerns
This move is part of China's strategy to regulate the supply of critical minerals, particularly in the face of challenges to its manufacturing dominance.Read more
International Tractors unveils global expansion plans, launches 5 new products
Company is in the process of establishing a dedicated export facility with a capacity of 100,000 units adjacent to its existing plant in Hoshiarpur, Punjab.Read more
India aims to lead global hydrogen equipment market, expects $50bn industry by 2030
The report, titled ?Hydrogen Equipment Manufacturing and Services,? outlines the market breakdown, allocating 34% for electrolyser stacks, 62% for Balance of Plant equipment, and 4% for specialised engineering services.Read more