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EV industry wants incentives and tax rationalisation from budget
India's EV industry is hoping for the introduction of the FAME- III scheme, allocation of funds for public charging infrastructure, incentives for localising components, and a reduction in GST on EVs.Read more
Textile-leather industry hopes for revised inverted duty structure in new Budget
An inverted duty structure discourages domestic manufacturing by imposing higher import duties on raw materials and intermediate goods compared to finished products. Read more
Electronics manufacturing industry to touch $300 billion by 2026-27; Dixon Tech
Dixon Tech is sitting on 50% of India’s android capacity.Read more
Manufacturing activity in India rebounds in June; fastest hiring in 19 years
As a consequence of increases in new order intakes, the rate of job creation was the strongest since March 2005.Read more
Pepperl+Fuchs enhances efficiency in intralogistics
Automation is becoming a cornerstone, with significant investments in smart factories and digitalisation to streamline operations and reduce lead times.Read more
Indian pharmaceutical industry to expand by 9%; surpass $70 billion by FY27
Between FY13 and FY18, Indian pharma companies faced severe regulatory challenges that adversely impacted their operations and ability to launch new products in regulated markets. Read more
80% of Indian steel producers use ‘Made-in-India’ on products to boost global status
This rollout began on November 4, 2023, with major players like RINL, JSPL, and TATA Steel Ltd already covering 100% of their product ranges.Read more
Eicher rolls out 50,000th bus from Baggad plant
The 50,000th vehicle was an Eicher Skyline Pro E electric bus.Read more
A Century of Success: Berger Paints
Through its pioneering initiatives, Berger Paints has cemented its position as an industry leader, demonstrating commitment to innovation, sustainability, and customer-centric solutions.Read more
PV sale volumes to grow 3%-5% in FY25; CareEdge
The industry is expected to exhibit moderate volume growth on account of a high base effect of FY24, shrinking order book and expectation of persistently subdued demand for entry-level variants in FY25. Read more