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EY forecasts extension of 15% corporate tax rate in 2024 budget
EY predicts that the interim Budget may push back the deadline for commencing manufacturing from March 31, 2024, to March 31, 2025, for companies benefiting from the 15% concessional income tax rate.Read more
Tata Motors forecasts 30-40% growth in Indian EV Sales for 2024, unveils 3 New Models
Tata Motors is actively collaborating with CPOs to strategically place charging points along popular routes used by EV users.Read more
Zeiss Group forecasts continued double-digit growth in India
Despite the challenges of the previous fiscal year, the group exceeded its target, achieving a turnover of over Rs 1,800 crore.Read more
Auto component sector forecasts moderate growth in FY 2024
Small and medium enterprises (SMEs) in the auto component sector are anticipating a more moderate 8-10% growth in the fiscal year 2024.Read more
ICRA forecasts 9% growth in non-ferrous metals in next 2 FYs
The ratings agency also highlighted the challenges faced by the industry, including pressure on profit margins due to a weak global environment.Read more
PCBL forecasts Strong Growth in Indian Carbon Black Demand
Phillips Carbon Black Ltd has forecasted a 5-6% growth rate in demand for carbon black in India.Read more
CRISIL forecasts a 35% surge in road and renewable energy investments by 2024
The report highlights that favourable policies, escalating investor interest, and effective project implementation will contribute to this capital outlay expansion in these sectors.Read more
India shows promising figures, forecasts predict solid economic growth
German family-owned group of companies, Freudenberg is one of the leading international manufacturers of brand cleaning articles and systems, and laundry care products. Georg Graf, Regional Representative for Freudenberg in India says that world is looking at India as a preferred partner to work with. Sharing about company’s intend to invest in long-term projects in India, in this interview, he suggests a strategies and plans to operate into Indian market.Read more
India’s GDP grows 1.6% in Q4 2020-21 aided by manufacturing push
For the entire financial year 2020-21, the GDP contracted 7.3 per cent  a record low. In January-March last year, the economy had grown 3 per cent.Read more