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India's electronics manufacturing to quadruple by 2030; Says Nomura

Exports are projected to grow at a robust 35% CAGR, potentially reaching $210 billion by FY30, while domestic consumption is expected to increase at a 15% CAGR.Read more

Indian defence market set for 14% annual growth amid government indigenisation

The market opportunity for Indian defence companies is estimated to range between $90-100 billion over the next 5-6 years, with an annual growth rate of approximately 13% during this period.Read more

Rising costs and weak demand may force steel companies to cut output

In July alone, steel exports dropped by 14% to 0.30 million tonnes, while imports surged by 18% to 0.75 million tonnes.Read more

Engineering growth amid the gloom

India's engineering goods exports touched $ 9.04 billion in July 2024, a rise of 3.6 per cent compared to $ 8.72 billion in July 2023, according to EEPC India.Read more

India to become top lithium-ion battery exporter in 5 years: Nitin Gadkari

The Indian government has introduced an Rs 181 billion production-linked incentive (PLI) scheme to establish advanced chemistry cell (ACC) manufacturing facilities, targeting 50GWh of domestic production.Read more

Switzerland green lights historic India-EFTA trade agreement

Signed in March, this comprehensive agreement is designed to enhance trade in pharmaceuticals, manufacturing, and emerging technologies, with a projected investment of $100 billion in India over the next 15 years.Read more

Amazon to export $5 billion in small-ticket items from India in 2024

Companies such as Walmart are also scaling up their imports from India while decreasing their Chinese procurement.Read more

Indian tyre exports surge 17% in Q1 FY25; reach Rs 62.19 billion

In terms of export volumes, Passenger Car Radial (PCR) tyres led the category, followed by Motorcycle and Farm/Agri tyres in Q1 FY25. Read more

DGTR recommends anti-dumping duty on Chinese aluminium foil

The investigation focused on the import of aluminium foil up to 80 microns in thickness, excluding foil below 5.5 microns intended for non-capacitor applications.Read more

India and Japan ink contract for green ammonia exports

The Heads of Terms (HoT) agreement was formalized between Sembcorp Industries, Sojitz Corporation, Kyushu Electric Power, and NYK Line, establishing a cross-border green ammonia supply partnership from India to Japan.Read more

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