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Time to invest and build capacity

As per the data released recently, the manufacturing and construction sectors grew by 1.6 per cent and 7.7 per cent, respectively, during the December quarter. However, core sector data showed growth in eight infrastructure sectors slowing down to 0.1 per cent in January from 0.2 per cent in the previous month.Read more

Budget 2021's focus on economic revival to increase demand for automobiles

While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more

India’s GDP to grow 11% in 2021-22: Economic Survey

V-Shaped economic recovery to be driven by mega vaccination drive, robust recovery in the services sector, robust growth in consumption and investment. Agriculture to clock 3.4% growth in 2020-21, while industry and services to contract by 9.6% and 8.8% respectively.Read more

CBIC introduces Liberalised Authorised Economic Operator Package for MSMEs

The scheme aims to attract MSMEs to become Authorised Economic Operators (AEOs) and avail the various benefits. CBIC has relaxed the compliance criteria provided the MSMEs have a valid certificate from their line-Ministry.Read more

Proposed Indian Ports Bill, 2020 aims to attract investments and boost economic activity

Formulation of specialised tribunals, affordable grievance redressal mechanism and a dedicated tribunal to curb any anti-competitive practises in the port sector are some key reforms to empower exporters in the long run. Read more

Incentivise manufacturing services in SEZs to boost exports

About 90% of the manufacturing units in global supply chain are manufacturing service providers. Manufacturing services can be incentivised by providing them with SEIS benefits as they are WTO compliant, says Tamil Nadu Association of SEZ Infrastructure DevelopersRead more

ACMA welcomes new MSME definition and infusion of liquidity

The new package is expected to give a big boost to the MSME sector, which has been under severe stress.Read more

Govt’s economic package to benefit machine tool industry: IMTMA

The momentum set by this economic package will help industries to pick themselves up from the economic slowdown and coronavirus outbreak that they were battling with, says Indradev Babu, President, IMTMARead 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

Lot of global firms are looking to relocate from China: Sunil Rallan

In this interview, Sunil Rallan, Founder, J Matadee Free Trade Zone, explains the importance of SEZs for India and how COVID 19 will impact the operations at SEZs and warehousing zones. Read more

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