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Central govt commits to sustaining capital spending despite fiscal deficit concerns
The official emphasised that the Central government's objective is to encourage departments to accelerate capital expenditure (capex) in the current fiscal year to support economic growth.Read more
ICRIER study: E-commerce integration vital for MSMEs' survival and growth
The study, titled 'Annual Survey of MSMEs in India: Leveraging E-commerce for the Growth of MSMEs,' emphasises that although integrating with e-commerce platforms offers benefits to MSMEs, it is crucial to acknowledge that for those unable to do so.Read more
Service is the new growth engine for industrial manufacturers: KPMG report
KPMG International report - titled ‘The future of smart industrials’ - discusses the challenges manufacturers are experiencing with their current efforts and the capabilities that are needed for success, among other key insights on the sector.Read more
JCB explores hydrogen engines and export growth in India
JCB aims to manufacture electrolysers, devices that split water into hydrogen and oxygen using electricity, to produce hydrogen for testing their zero-emission backhoe loaders.Read more
PCBL forecasts Strong Growth in Indian Carbon Black Demand
Phillips Carbon Black Ltd has forecasted a 5-6% growth rate in demand for carbon black in India.Read more
Panasonic unveils New Refrigerator line Made in India
This range is accessible in two sizes, with capacities of 401 and 357 litres, starting at an attractive price point of Rs 55,490. Additionally, Panasonic has introduced a budget-friendly 260-litre frost-free refrigerator.Read more
Start-up Neuron Energy leads EV battery innovation with impressive growth
In 2023, 36 startups focused on EVs have secured over $480 million in investments.Read more
India's Semiconductor industry aims to create 1.2 million jobs
Notably, the chip design sector is poised to play a pivotal role, necessitating the recruitment of 275,000 individuals with diverse educational backgrounds.Read more
G20 Biofuel Alliance: $500 Billion opportunity in 3 Years, says IBA Study
The study indicates that biogas alone could generate opportunities worth $200 billion, considering its minimal investment requirements compared to other energy generation methods and the easy availability of raw materials.Read more
JSW Cement's Vijayanagar works set for 12 MTPA expansion and sustainable growth
Presently, the Vijayanagar Works manufactures both Portland Slag Cement (PSC) and Ground Granulated Blast Furnace Slag (GGBS) cement, with a current annual production capacity of 600,000 tons.Read more
