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Budget 2025: Energy sector highlights and reactions
The government will incentivise electricity distribution reforms, support intra-state transmission expansion, and offer states an additional 0.5% of their GSDP in borrowing, contingent on implementing these reforms. Read more
Budget 2025: Manufacturing sector highlights and reactions
The Budget has also introduced a Focus Product Scheme for the footwear and leather industry, aiming to create 2.2 million jobs and generate Rs 4 trillion in turnover. Read more
Budget 2025: Auto industry highlights and reactions
MSMEs in the auto supply chain will benefit from easier credit access, enabling component manufacturers and dealerships to scale operations and invest in new technology. Read more
Transformers & Rectifiers India Buys 51% of Posco-Poggenamp Electrical Steel
The company acquired 13,770,000 equity shares from existing shareholders under a Share Purchase and Shareholder’s Agreement. Read more
Budget aims to integrate India with global supply chains, boost manufacturing
Through the budget, the Union Government will support the domestic electronic equipment industry to leverage the opportunity of Industry 4.0. National framework for states to be formulated for promoting global capability centres in emerging tier 2 cities.Read more
Economic Survey expects India’s industrial sector to grow by 6.2% in FY25
Consumer-focused sectors like automobiles, electronics, and pharmaceuticals have emerged as growth drivers. Domestic production of electronic goods shows remarkable growth of CAGR of 17.5 per cent from FY15 to FY24.Read more
Economic Survey 2024-25: India’s economic prospects for FY26 are balanced
While the Survey acknowledges potential headwinds such as geopolitical uncertainties, trade disruptions, and possible commodity price shocks, it also highlights several domestic growth drivers.Read more
Indian electronics industry's mission $ 500 billion
Indian electronics industry has set an ambitious target of $500 billion by 2030 from present $ 101 billion. The task is challenging, but not insurmountable. As a result, the industry is on the cusp of unprecedented growth, says Rakesh Rao.Read more
We want India to account for 10% of Renesas' revenues: Malini Narayanamoorthi
In this freewheeling interview with Rakesh Rao, Malini Narayanamoorthi, India Country Manager and VP of MID Engineering, Analog & Connectivity Group, Renesas, elaborates on challenges and opportunities in the semiconductor space for IndiaRead more
India’s electronics industry is on the cusp of unprecedented growth: Nikhil Rao
In this interview with Rakesh Rao, Nikhil Rao, VP of Operations at Flex India, elaborates on India’s fast-evolving electronics manufacturing sector and Flex’s growth plans in the country.Read more