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FIEO: Growth in exports shows resilience & strength of India
FIEO also held that the need of the hour is to soon notify the Remission of Duties and Taxes on Export Products (RoDTEP) rates to remove uncertainty.Read more
RBI extends Interest Subvention Scheme till Sept 30
This timely extension will provide competitive rates for exports and bring it near international benchmarks particularly for MSMEs.Read more
Ministry of Heavy Industries unveils Six tech innovation platforms
These platforms are expected to facilitate the development of the key ‘mother’ manufacturing technologies' indigenously.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
India’s export of engineering goods crosses $8 bn mark in May 2021
May 2021 witnessed YoY growth for engineering goods and the US topped as India's export destination at $1,022 million. Shipments to China continued to decline and fell sharply by 35% to $444.65 million, says EEPC India.Read more
Siemens to deliver digitalised switchgears to three Indian steel makers
The three steel manufacturers – Icon, Geetai and Gajkesari – are from Jalna MIDC belt, Maharashtra. They will be equipped with 11 bays of state-of-the-art 132 kilovolts Gas Insulated Switchgears (GIS).Read more
China’s Hisense to set up TV manufacturing plant in India
Hisense, a leading consumer electronics and TV manufacturer, announced its plan to set up a local manufacturing plant in India with a capacity to produce two million TVs within the next two years. Read more
Niti Aayog CEO says Indian companies must become globally competitive
Amitabh Kant, CEO, Niti Aayog urged Indian companies to become globally competitive instead of promoting protectionism and complaining about imports via Free Trade Agreements (FTAs).Read more
Best Power Equipments (BPE) to ramp up its presence in Southern market
This expansion aims to cater to southern India region for increase in demand due to growth in IT enables services across varied sectors.Read more
RoDTEP rates for export promotion scheme expected to be notified soon
The remission rates and guidelines for export items under the new Remission of Duties and Taxes on Exported Products (RoDTEP) scheme are expected to be announced in ten days.Read more