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Lazard report suggests India is on track on becoming a global manufacturing hub
Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.Read more
Manoj Mittal appointed as Chairman and Managing Director of Sidbi
Mittal brings over 33 years of experience in the financial services sector to this role. Read more
Budget 2024 to boost India’s manufacturing industry
The Budget has strategically prioritised the manufacturing sector along with the infrastructure, employment and skilling development. Read more
Gruner Renewable Energy secures $ 60 mn to expand CBG projects in India
Gruner Renewable Energy secures $ 60 mn to expand CBG projects in IndiaRead more
Park+ survey shows most Indian EV owners consider shifting to ICE vehicles
A significant 88% of respondents expressed concerns about charging anxiety, surpassing the traditional worry of range anxiety.Read more
The effect of modernisation on supply chains
Companies today face challenges related to managing multiple suppliers, navigating international regulations, and addressing logistical hurdles. Read more
Indian manufacturing sector sentiments improved for Q1 24-25: FICCI
The survey reveals that 78% of respondents anticipate higher or stable production levels, up from 57% in the previous year.Read more
Ahamani EV to open battery manufacturing plant in India, seeks collaborators
Its UrDa AIOT Mobility System, which offers advanced management of electric two-wheeler fleets, has been recognised for its efficiency and data-driven capabilities.Read more
Apple to start iPhone 16 pro model manufacturing in India
Production of these flagship models is expected to begin within this fiscal year, with Foxconn handling the manufacturing process.Read more
Indian to unveil first hydrogen train by year-end
The government plans to release 50 hydrogen trains by 2047.Read more