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India's imports from ASEAN FTA partners; $187.92 billion in FY24

Exports to Asean countries grew from $37.47 billion in FY19 to $41.21 billion in FY24, marking a 9.96 per cent increase. Read more

FTAs boost Engineering exports; shipments to Russia double

While Russia has become a major trading partner in the last two years largely due to imports of petroleum crude, engineering exports to the country have doubled during April-February this yearRead more

Morgan Stanley says India unlikely to match China's 8-10% growth

Government officials have said the economy will likely grow 7 per cent in the fiscal year that begins in April, after an expected expansion of 7.6 per cent this financial yearRead more

Socomec India unveils strategic expansion plans to Sri Lanka, Bangladesh

With a recent €5 million investment by Socomec Group in the Indian market to enhance manufacturing capacity, the goal is not only to meet local demands but also to Sri Lanka and Bangladesh markets through exports.Read more

Sustainability practice in corporates has created business growth for Soma Specialities

Soma Specialities has been the pioneer in introducing mechanised floor cleaning and floor maintenance systems indigenously manufactured in India. Samir Sabu, Director, Soma Specialities, in this interview, lines down the growth and changes of the cleaning industry in India. The company is also the largest manufacturers of single brush floor cleaning machines in India.Read more

SANY India achieves milestone with export of 1,000 Telehandlers to the US

Aligned with the Indian government’s ‘Make in India’, this landmark export represents a strategic move towards fostering global markets from the Indian manufacturing landscape. The accomplishment reinforces SANY India’s dedication to serving customers worldwide.Read more

India aims for 1,000 vehicle scrapping centres, 400 fitness test hubs: Gadkari

During the launch of 'DigiELV,' Gadkari disclosed that the road ministry has already granted approval for 85 vehicle scrapping facilities nationwide.Read more

Perkins announces 2806FA-E18TAG CPCBIV+ certified engines for India

The 2806FA platform provides excellent cold load acceptance and meets ISO 8528-5 class G2 performance.Read more

Tata plans massive iPhone assembly plant in India

The conglomerate already owns an iPhone manufacturing facility, acquired from Wistron Corp, in Karnataka.Read more

European Investment Bank eyes green hydrogen in India, awaits proposals

In an earlier statement in 2023, the EIB had expressed its intent to support India's National Green Hydrogen Mission with a facility of up to €1 billion.Read more

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