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MSMEs Minister Anbarasan urges banks and insurers to aid Cyclone-Hit SMEs
According to a statement released by the state government, the minister also instructed insurance companies to promptly settle claims filed by businesses for damages to their machinery, raw materials, and finished products.Read more
Coimbatore secures Rs 7,814 cr investments as industries minister seals MOUs
More than 210 companies have expressed interest in investing approximately Rs 6,573 crore in Coimbatore in the upcoming years.Read more
Capturing the current status of the PM Gati Shakti scheme
Prime Minister Gati Shakti Scheme (PMGSS) has given a boost to Indian transportation system. Railways, roads and air travel, each sector has seen a swift shift with the initiatives and implementation.Read more
Deadline near for bids in India's Green Hydrogen Revolution under SIGHT Scheme
The last date to submit bids for green hydrogen and electrolyser manufacturing projects under the government's SIGHT Scheme ends on December 12, Parliament was informed on Thursday.Read more
India explores global partnerships for indigenous hydrogen-powered trains
The Indian Railways is advancing the creation of a prototype train utilising hydrogen fuel cells, offering a more eco-friendly alternative to traditional diesel locomotives.Read more
PLI Scheme spurs 500,000 jobs in mobile industry: Minister
Speaking at the inauguration of Padget Electronics' Rs 256 crore smartphone manufacturing facility in Noida, Uttar Pradesh, Ashwini Vaishnaw expressed confidence in the development of the electronic components ecosystem.Read more
India’s GDP rises by 7.6% in Q2 FY24, manufacturing, construction led the growth
The growth was much higher than expected, mainly driven by investments and government consumption. However, private consumption growth was muted due to weak rural demand and some moderation in urban demand amid elevated inflationary pressures in Q2.Read more
Commerce minister extends investment invitation to Nordic-Baltic region, key market for exports
Addressing the CII India Nordic-Baltic Business Conclave 2023 in New Delhi, Goyal highlighted remarkable export growth rates to Finland and Norway.Read more
Clean energy transition vital for Global Progress, says G20 Sherpa & energy leaders
Speaking at the Accelerating Clean Energy in India event organised by the World Resources Institute (WRI) India, Amitabh Kant highlighted that a rapid shift to a decarbonised energy system by 2050.Read more
Ministry of Heavy Industries champions localisation for global manufacturing hub
The Union Minister underscored the pivotal role of high-quality and advanced localisation in positioning India as a prominent global supplier.Read more