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Govt set to extend 15% tax rate for new manufacturing units until 2025
This potential announcement is anticipated in the upcoming Interim Budget on February 1, with the aim of stimulating the manufacturing sector, attracting fresh investments, and simplifying compliance procedures.Read more
Remswegs Marketing expects to grow by 30% in 2023-24
In this interview, Nitin Sethi, Director, Remswegs Marketing Pvt Ltd, highlights the challenges in the market and the company’s growth plans.Read more
Industrial & Warehousing demand consolidates in 2023, at ~25 mn sq ft
While H1 2023 was relatively subdued, leasing activity picked up in the second half of the year, with H2 2023 witnessing a 26% rise on a half yearly basis. During the year, Pune led the demand with 25% share closely followed by Mumbai at 22%.Read more
Commerce Minister Goyal unveils trade connect ePlatform to boost MSME exports
Functioning as an intermediary platform, the Trade Connect ePlatform will facilitate connections between Indian exporters, entrepreneurs, and various international trade stakeholders, as explained by a senior official.Read more
Indian auto exports decline 21% in 2023, passenger vehicles buck trend with 5% growth
This downturn was attributed to monetary and geopolitical crises in various overseas markets. The overall exports totalled 42,85,809 units in the last year, down from 52,04,966 units in 2022.Read more
New investment plans plunge nearly 50% in Q4 2023, manufacturing hit hard with 61.5% decline
Public capital expenditure projects decreased at a quicker rate, almost 60%, while proposed private sector expenditures declined by 35%.Read more
Role of modern technologies and automation in manufacturing
What was once optional has now become imperative for companies aiming to stay competitive in the 21st century, says Bharanidharan S while telling about the remarkable technological advancements in manufacturing in the past years.Read more
Bharat Forge clinches coveted CII Industrial Innovation Award 2023
Bharat Forge recognised for pioneering technological advancements across automotive and defence sectors.Read more
Dana India's Gajanan Gandhe Receives Distinguished Service Award at IIT Bombay
The Distinguished Service Award stands as a testament to the caliber of individuals emerging from IIT Bombay, making substantial and lasting contributions to both the institute and the professional landscape.Read more
ENGIMACH 2023: Adding vibrancy to manufacturing sector
Recognised as a Pre-Vibrant Gujarat Event, ENGIMACH 2023 showcased the latest developments and innovations in modern manufacturing technologies and automation essential to the success of Make in India mission. Read more