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EV import scheme can affect Hyundai’s business

This policy will enable foreign OEMs to set up manufacturing bases in India, and also enter the domestic sales market, which will also intensify competition in the industry.Read more

Madan Sabnavis: The major problem for SMEs is their low credit worthiness

In this interview with Pratap Padode, Editor-in-Chief, Smart Manufacturing & Enterprises (SME), Madan Sabnavis, Chief Economist, Bank of Baroda, discusses the status of the private investment cycle, key pain points of SMEs, and some probable solutions.Read more

Manufacturing expected to be a key driver of expansion in India; OPEC

Consumer confidence rose to 98.5 in March from 95.1 in January, driven partly by the on-going election cycle, expected to bolster spending, particularly in rural areasRead more

Indian aerospace manufacturers seek global orders; ask GOI for policy push

The surge in orders has prompted global aerospace suppliers to ramp up sourcing from India. Airbus, in particular, is strengthening ties with Indian partners for various functions such as IT, engineering, and production. Read more

India to build small arms manufacturing unit in Sri Lanka; defence collaboration

Sri Lanka could benefit from studying the Indian model and expressed interest in exploring Sri Lanka's own manufacturing capabilities in the defense sector, echoing the sentiment of drawing lessons from India's experience.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

India's domestic manufacturing; catalyst for global influence & competition

Bilateral trade between India and China recorded significant growth. Read more

UNNATI 2024: Putting North East on a growth path

By incentivising new industrial units and those undergoing substantial expansion, Uttar Poorva Transformative Industrialization Scheme (UNNATI), 2024 paves the way for an economy built on performance and innovation. Aishwarya Jaju and Neha Satte shed more light on the scheme.Read more

“India is aiming for $ 300 bn in engineering goods exports by 2030”

In this interview with Rakesh Rao, Arun Kumar Garodia, Chairman, EEPC India, analyses the performance of India’s engineering goods exports and factors driving the global demand for Indian engineering goods.Read more

India: An enticing prospect for global manufacturers

India's advantageous geographical location offers access to major markets in Asia, the Middle East, and Africa, which makes it a perfect manufacturing base for businesses aiming to effectively service these regions. India's rise in global manufacturing is a convergence of opportunity, sustainability, and heritage, says Samit Jain.Read more

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