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Govt infra spending grows 38.8% in five years: Economic Survey
India's power sector expanded with installed capacity rising 7.2% YoY to 456.7 GW by November 2024. Read more
India’s exports grow amid global challenges: Economic Survey 2024-25
India’s share in global services exports doubles from 1.9% in 2005 to 4.3% in 2023.Read more
Union Budget 2025-26: ISSDA’s expectations for the stainless steel industry
A cornerstone of ISSDA’s recommendations is the mandatory inclusion of Life Cycle Cost Analysis (LCCA) in all public infrastructure projects at the Detailed Project Report (DPR) stage.Read more
Electronics component manufacturers seek government support in Budget 2025
In addition to potential PLI incentives, the government is reportedly preparing a plan to encourage electronics manufacturing in Tier II towns. Read more
Indian Railways offers big opportunity for suppliers with Rs.2.65 trn capex
With Rs. 2.65 trillion capex in 2024-25, Indian railway sector presents a big opportunity for suppliers because of Vande Bharat, rising wagon demands (due to dedicated freight corridors), investments in high-speed trains & tracks, etc, says Rakesh Rao.Read more
Lazard report suggests India is on track on becoming a global manufacturing hub
Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.Read more
Government to develop parks and dormitories near manufacturing clusters
Twelve industrial parks under the National Industrial Corridor Development Programme will also be sanctioned, with significant progress already in Uttar Pradesh and Tamil Nadu. Read more
Will Budget 2024-25 benefit the manufacturing industry?
The manufacturing sector is crucial for job creation, export growth, and overall economic development. Read more
Seven key announcements for MSMEs in Budget 2024
These budgetary measures are pivotal in ensuring the long-term prosperity of MSMEs in India.Read more
Union Budget bolsters the manufacturing industry and MSMEs
MSMEs contributed 35.4% to all-India manufacturing output in FY 22, and MSME-made products accounted for 45.7% of exports in FY 24.Read more
