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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 National Green Hydrogen Mission Aims to Slash Fossil Fuel Imports by 2030

The Union Cabinet greenlit the mission in January 2023, allocating Rs 19,744 crore to establish India as a global hub for manufacturing green hydrogen, a sustainable energy source.Read more

CIL phasing out imports for boosting domestic mining equipment manufacturing

Current imports, which encompass electric rope shovels, hydraulic shovels, dumpers, and more, have incurred an additional Rs 1,000 crore in customs duty over the past five years.Read more

Amitabh Kant urges to scrap import duties for exported goods

Kant suggested that while import duties on products intended for domestic consumption, such as furniture and food items, could be increased, maintaining competitive pricing for exports is crucial.Read more

India's solar manufacturing capacity set to surge, aiming for 100 GW by 2025

According to a report by rating agency ICRA, India's solar photovoltaic (PV) module manufacturing capacity is anticipated to surge to over 60 GW by 2025, up from the current 37 GW.Read more

India introduces new import authorisation system for Laptops and Tablets

The new "import management system" will be implemented from November 1. Companies are required to register the quantity and value of imports, but the government will not deny any import requests.Read more

India's trade deficit shrinks significantly in September 2023

The country's goods exports saw a slight decrease of 2.59%, dropping to $34.47 billion from $35.39 billion in September 2022.Read more

India reverses laptop import restrictions amid backlash

The country's trade secretary, Sunil Barthwal, announced the change, stating that the government aims to closely monitor laptop importers.Read more

India's leading solar manufacturers call for trade barriers amidst import influx

India's largest manufacturer of solar modules is urging the government to reintroduce trade barriers to shield it from competition from countries like China and Vietnam.Read more

Indian Steel Association urges govt action amid surge in Chinese imports

Alok Sahay, the secretary general of the group representing India's steel producers, emphasised the need for systemic changes.Read more

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