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India’s merchandise exports cross $400 bn; Engg goods exports up 50%
Export of cotton yarn/fabrics/made-ups, handloom products etc, gems and jewellery, other cereals and man-made yarn/fabrics./made-up etc. have registered a growth rate between 50%-60%.Read more
Video Roundtable: Emerging trends in warehousing & importance of MHE
Industrial Products Finder (IPF) and Equipment India (EI), along with Kelley Material Handling Equipment India as the Associate Partner, hosted a video roundtable – titled “Emerging trends in warehousing and importance of MHEâ€Â.Read more
GeM and Indian Railways integration to generate Rs 500 bn opportunity for MSMEs
According to Piyush Goyal, after the integration of Government e-Marketplace (GeM) portal with Railways, there will be Rs 500 billion worth of annual procurement from MSMEs.Read more
Piyush Goyal calls for more participants in the Government e-Marketplace
The pilot bidding of railways buyers through integrated system is expected to commence by August end. About Rs 50,000 cr worth of annual procurement may be done by the railways on GeM post the above integration.Read more
SISFS: New startup scheme to create robust Indian startup ecosystem
3,600 startups are expected to benefit from the scheme.Read more
Ministry of Commerce & Industry unveils Trade Facilitation Mobile App
The app is first-of-its-kind initiative to boost small exporters to obtain faster clearances, certifications and approvals.Read more
Compact motors can result into more efficient machines
Life cycle of a motor depends on the usage and how much the motor is being used for applications. The main factor is the quality of winding, and if that is of optimum quality, the efficiency of the motor increases which translates to the machinery, explains Rahul B Goyal, Managing Director, Mieco Pumps and Generators Pvt Ltd.Read more
Indian forklift operator reaches grand final of International Award
‘India Forklift Operator of the Year’ Srinivasa N D has beaten tough competition from across three continents to reach the Grand Finals of the International Forklift Operator of the Year, demonstrating that Prime Minister Modi’s ‘Make in India’ campaign really could become a reality as India shows it can compete with global talent.Read more