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Indian Footwear Industry eyes $90 bn market by 2030 with strategic measures: Report
The current valuation of the Indian footwear market stands at $26 billion, and the GTRI anticipates it reaching $90 billion by 2030.Read more
India's 2023 exports decline 5.3%, electronics shines amid challenges
According to the Global Trade Research Initiative (GTRI), India's merchandise exports are projected to decrease to $429 billion in 2023 from $453 billion in 2022, representing a 5.3% fall.Read more
HPL Electric wins Rs 545 cr smart meter orders, supports national metering initiative
Company has won these orders from various prestigious customers in the normal course of business.Read more
CGTMSE empowers 79.5 lakh MSEs with Rs 5.33 tn, govt boosts MSME R&D initiatives
Maharashtra received the highest amount at Rs 62,807 crore, followed by Uttar Pradesh at Rs 52,998 crore, Karnataka at Rs 43,120 crore, Tamil Nadu at Rs 42,270 crore, and Gujarat at Rs 42,162 crore, among others.Read more
Google strategically invests in India's MSME market, digital transformation initiatives
Acknowledging the challenge of limited credit access hindering MSME growth in India, Sanjay Gupta highlighted the country's underdeveloped MSME sector, contributing only 28 to 29% of GDP compared to 55 to 60% in the US and China.Read more
ONGC plans Rs 350 bn investment for 5 GW RE Capacity by 2030
ONGC is actively exploring various avenues, including pumped storage with a two GW capacity, five GW of solar and onshore wind capacity, and offshore wind with a one GW capacity, all to be realized by 2035.Read more
India navigates green steel transition amidst European scrutiny
This move is anticipated to impact Indian steel exporters, particularly those reliant on environmentally damaging coking coal for furnace operation.Read more
India's green hydrogen initiative garners interest, major players sit out initial subsidy auction
Initiative attracted interest from companies such as Sembcorp Industries, JSW Energy, and AM Green, while major players like Acme Solar Holdings, Avaada Group, NTPC, and Adani Enterprises opted out of the bidding process.Read more
India should slow down SUVs buying: Global NCAP, Exe. President
Mr David Ward, Executive president, Global New Car Assessment Programme (Global NCAP) shared insights at the three day ‘Global Road Safety Initiative’ organised by organised by the Institute of Road Traffic Education (IRTE).Read more
Apple's expansion gains momentum with increased investments, stores, manufacturing initiatives
Reports indicate that the Sriperumbudur factory on the outskirts of Chennai is now actively involved in assembling the iPhone 15, which launched and went on sale in September.Read more