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India's Long-Term Foreign Investment Outlook Strong despite Recent Dip: DPIIT secretary
Rajesh Kumar Singh, the secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), emphasised that ongoing geopolitical conflicts and economic challenges in advanced economies would not significantly impact foreign direct investment (FDI) flows to India.Read more
Q4 can see fiscal incentives under PLI for white goods: DPIIT Secretary
The production linked incentive (PLI) scheme on white goods seeks to encourage domestic manufacturing of air conditioners and LED light components.Read more
India explores free trade agreements to boost MSMEs' global procurement access
Many countries prioritise MSMEs in their public procurement, and India also supports its MSMEs by offering special purchase preferences.Read more
Indian Patent Office boosts workforce to address surging Intellectual Property Applications
Indian patent office (IPO) will be hiring 900 more people with a view to enhance manpower for processing the increasing number of intellectual property applications, a top government official said.Read more
India reverses laptop import restrictions amid backlash
The country's trade secretary, Sunil Barthwal, announced the change, stating that the government aims to closely monitor laptop importers.Read more
Experts converge at Indian Industry Bodies Meeting on Quality Infrastructure by NABCB
Meeting held on October 13, 2023, highlighted crucial aspects of challenges and future needs for Quality Infrastructure among various industries including Electronics, IT, Telecom, and Engineering & Capital Goods Sectors.Read more
India advances critical mineral auctions and royalty rates approval
This decision follows Mines Secretary Vivek Bharadwaj's announcement in September about the imminent auction of critical mineral mines by the government.Read more
MSME’s vital role under spotlight at inaugural of Shipping & Logistics Conference
Mercy Epao, the Joint Secretary (SME) of MSME emphasised the significance of MSMEs, with over 6.35 crore enterprises in India, primarily constituting micro enterprises, which account for over 95% of the sector.Read more
Servotech to establish EV Charger Manufacturing Plant, signs MoU with UP govt
The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by Raman Bhatia, Managing Director, Servotech Power Systems, and Nand Gopal Gupta ‘Nandi’, Minister of Industrial Development, Government of Uttar PradeshRead more
Haryana govt launches Quality Assurance Authority for engineering works
In its mission to enhance the state's infrastructure and elevate construction standards, the government of Haryana has partnered with the Quality Council of India (QCI).Read more
