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Defence Ministry’s import embargo to open up Rs 4,000 bn opportunity for domestic industry

The list of 101 embargoed items comprises of not just simple parts but also some high technology weapon systems. Of these, items worth almost Rs 1,300 bn each are anticipated for the Army and the Air Force while items worth almost Rs 1,400 bn are anticipated by the Navy. Read more

Government may consider duty hike on RE imports

This hike is expected to reduce dependence on imports from China and develop components locally.Read more

CUMI plans to tap into global growth for abrasives: N Ananthaseshan, MD, CUMI

N Ananthaseshan, MD, CUMI in a video interaction with Industrial Products Finder (IPF) delves into the challenges before the Indian refractory market and attaining self-sufficiency in some segments.Read more

Unlocking the export challenge

Share of exports of products related to India’s micro, small and medium enterprises (MSME) during the year 2018-19 stood at 48.10 per cent, as per the information from Directorate General of Commercial Intelligence and Statistics. Read more

Coronavirus: A silver lining for India’s exports?

India’s exports witnessed a nominal year on year decline of 1.66 per cent to $ 25.97 billion in January 2020 due to global and domestic factors.Read more

Increased imports of welding equipment has negative impact

Welding today is applied to a wide variety of materials and products, using advanced technologies such as lasers and plasma arcs. Read more

NGC Energy Invests Rs 400 crore in a LPG import and storage terminal at Krishnapatnam Port

The refrigerated LPG import and storage terminal has a storage capacity of 30000 tonne and a throughput capacity of 1.4 million tonne per annum for servicing the PSUs and private sector companies in the hinterland.Read more

Indian Chemical Council raises concerns over RCEP

The association wants government to protect the economy from the flooding of cheap imports of Chinese chemicals by ensuring that there is no misuse of ‘Rules of Origin’ clause in RCEPRead more

Indian food processing equipment industry is still import dependent

The Indian food processing equipment and machinery industry mostly comprises small and marginal players. 85 per cent of the market share belongs to the small players while 8-9 per cent for the medium and only five per cent is with big players, according to a study by KPMGRead more

“It is pertinent to restrict imports, particularly from China”

R K Chugh will take over the post of the President, Indian Electrical & Electronics Manufacturers’ Association (IEEMA), on September 17, 2019. In this interview, he explains why electrical equipment industry and SMEs are going to be the game changer for tomorrow.Read more

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