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On a fast-track growth
On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more
India is redefining its defence manufacturing identity
This trend underscores India’s strengthening role in the global manufacturing landscape, with the defence sector playing a pivotal role.Read more
Focus on incremental reforms
According to a recent report of DSP Mutual Fund, the manufacturing sector's contribution to India's GDP is anticipated to rise from 14 per cent in FY24 to 21 per cent by FY34, bolstered by lower logistics costs and improved infrastructure. Read more
Genrobotics' G Gaiter AI Robotic Trainer Clinches Top Honour at GPAI Summit 2023
During the summit held from December 12 to 14 at Bharat Mandapam, inaugurated by Prime Minister Narendra Modi, Genrobotics' G-gaiter Robotic Technology secured the prestigious 'AI Game Changers' award.Read more
Ministry to set up Bharat Semiconductor Research Centre, targets global leadership by 2028
Ministry of Electronics and IT will start setting up Bharat semiconductor Research Centre from next year in collaboration with the industry and academia, minister of state Rajeev Chandrasekhar said.Read more
US-India trade: Set for a Reset
During Prime Minister Narendra Modi’s recent visit to the US many new initiatives were announced by the two countries.Read more
Union Cabinet gives nod to India's National Logistics Policy
The policy aims to reduce logistics costs and help in increasing India's share in the global trade. Policy to ensure technologically-enabled, integrated, cost-efficient, resilient and sustainable logistics ecosystem for accelerated and inclusive growth.Read more
Vedanta and Foxconn ink pact for manufacturing semiconductors in India
Vedanta Group and Hon Hai Technology Group, world’s largest electronics manufacturing company, has signed an MoU to form a joint venture company that will manufacture semiconductors in India.Read more
Govt’s relief measures focuses on MSMEs to reduce COVID 19 impact
Govt’s relief measures focuses on MSMEs to reduce COVID 19 impactRead more
Govt approves changes in interest subvention scheme for MSMEs to give fillip to the sector
Post changes, MSME units eligible for GST can now avail the benefits of the scheme with just their GST number (GSTN)Read more