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Path to Component Independence
India’s electronics sector is on an impressive growth trajectory. According to Commerce Ministry data, electronics exports surged 47 per cent during April–June this fiscal to $12.41 billion. Read more
SamridDHI Hosts Rotating Machinery Bootcamp at Pune's COEP Tech University
SamridDHI, under FSID and backed by the Ministry of Heavy Industries, held a three?day Rotating Machinery Bootcamp at COEP Tech University to train students in turbines, compressors, and pumps.Read more
CGTMSE aims to ensure collateral-free credit for MSEs: Manish Sinha
In this interview with Rakesh Rao, Manish Sinha, CEO, Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), explains how CGTMSE is proactively working on facilitating finance and capacity-building for micro and small enterprises.Read more
India to soon launch safety assessment rating for trucks and heavy vehicles
The two day workshop on Vehicle and Fleet safety was jointly organised by the New Car Assessment Program (GNCAP ) and Institute of Road Traffic Education (IRTE).Read more
ACE secures Rs 4.2 billion contract from Ministry of Defence
The Ministry of Defence (MoD) has signed contracts, in the presence of Defence Secretary Shri R K Singh, for the procurement of 1,868 Rough Terrain Fork Lift Trucks (RTFLT), with ACE securing a dominant 60% share of the order. Read more
Budget 2025: Energy sector highlights and reactions
The government will incentivise electricity distribution reforms, support intra-state transmission expansion, and offer states an additional 0.5% of their GSDP in borrowing, contingent on implementing these reforms. Read more
Budget 2025: Manufacturing sector highlights and reactions
The Budget has also introduced a Focus Product Scheme for the footwear and leather industry, aiming to create 2.2 million jobs and generate Rs 4 trillion in turnover. Read more
Budget 2025: Auto industry highlights and reactions
MSMEs in the auto supply chain will benefit from easier credit access, enabling component manufacturers and dealerships to scale operations and invest in new technology. Read more
Govt to establish R&D centre for renewable energy components: Pralhad Joshi
In addition, Joshi revealed that a dedicated task force, including officials from the power ministry, MNRE, and key industry stakeholders, will be formed to expedite the efforts needed to meet the 500 GW renewable energy target by 2030. Read more
Taiwan to permit 1,000 Indian workers for manufacturing sector
This policy will initially focus on manufacturing, with officials set to meet online every two months.Read more
