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Maharashtra approves export incentive policy to drive investment, achieve export targets
The policy's goals include doubling the state's current export value from $72 billion to $150 billion and initiating 30 export infrastructure projects over the next five years.Read more
Industrial Growth dips to 5.8% in September, experts optimistic for October rebound
In October, the government experienced a 13% increase in Goods and Services Tax revenue, marking its fastest pace in 10 months, reaching Rs 1.72 lakh crore.Read more
HAL forms JV with France’s Safran Helicopter Engines for helicopter engines
The initial focus of the joint venture is directed towards creating engines for the Indian Multi-Role Helicopter (IMRH) and the Deck-Based Multi-Role Helicopter (DBMRH).Read more
India plans sector-specific revisions to boost utilisation of $24 bn industrial incentives
Proposed modifications are targeted at the textiles, pharmaceuticals, drones, solar, and food processing industries, constituting nearly one-third of the PLI scheme.Read more
Kaynes Tech Ventures into cutting-edge HDI board manufacturing
In the domain of Printed Circuit Boards (PCBs), Kaynes Technology has opted out of traditional PCB production, choosing instead to focus on High-Density Interconnect (HDI) boards.Read more
Siemens seeks 15% discount on Siemens shares from Siemens Energy
Siemens Energy is contemplating selling a significant portion of its 24% stake in Siemens Ltd to enhance liquidity, a move that has the preliminary approval of both companies.Read more
Intel boosts India's laptop manufacturing: Game-Changer for 'Make in India' initiative
Intel, a global technology leader, is partnering with eight Indian Electronics Manufacturing Services (EMS) and Original Design Manufacturers (ODMs) to boost the laptop manufacturing.Read more
UK-India FTA talks centered on mid-range Electric Vehicles market access
The British government is determined to gain access to India’s mid-priced EV market, particularly in the $40,000-$60,000 (Rs 33.30-49.9 lakh) range.Read more
Spark Minda, HCMF forge innovative partnership for Sunroof Solutions in India
Under this collaboration, the two companies intend to leverage advanced technology and cutting-edge manufacturing processes to produce sunroof and closure technology products for passenger cars in India.Read more
MG Partners with Shoonya for sustainable EV Future in India
Companies’ Zero Pollution Mobility campaign led by NITI Aayog, alongside prominent leaders from the electric mobility sector in India.Read more