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DGFT asks export bodies for inputs on efficacy of interest equalisation scheme

The study is to help the department assess the key gaps and make necessary recommendations to ensure seamless facilitation of trade finance in India.Read more

China imposes control on aviation & aerospace exports; national security concern

It said the export controls would apply to aircraft and aerospace engines and structural parts, engine manufacturing related equipment, software and technology. Read more

FDI inflow into domestic manufacturing sector expected to rise; MoF

As global economies aim to stabilise and grow, India's manufacturing sector stands to benefit from these developments, leveraging both domestic strengths and enhanced external support.Read more

Zoho plans $700 million foray into chip manufacturing; compound semiconductors

Semiconductors occupy a pivotal position in India's economic agenda, with the government implementing a $10 billion package to fortify the industry's capabilities, positioning the nation to rival established players like Taiwan in the coming years.Read more

India-Asean trade agreement review in July

The ministry disclosed that eight sub-committees have been formed to address various policy aspects of the agreement, with five already engaged in discussions.Read more

Electric vehicle sales in India zoom

Backed by supportive government policy and low running costs, sales of electric vehicle (EV) grew across all segments in India in 2023, says Bloomberg New Economy Forum report.Read more

Road construction leaders launch RAHSTA Expo 2024 in Delhi

14th RAHSTA (Roads and Highways Sustainable Technologies & Advancement) Expo - India’s biggest road exhibition - will be held as a part 10th India Construction Festival 2024 at Jio Convention Centre, Mumbai, from October 9-10, 2024.Read more

Demand surge in Indian battery market underscores pressing need for action

The domestic market lacks raw materials. India does not possess abundant lithium mining resources, says Yvonne ZhangRead more

Taurus and Jindal Defence JV starts small Arms Pilot production

Under the guidance of Taurus’ expert team from Brazil, the Indian facility has commenced the production of pilot batches of firearms in March 2024Read more

Government considers legal action against three firms for FAME subsidy recovery

The move comes after the ministry of heavy industries failed to recover the disputed amount from these companies even after multiple attemptsRead more

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