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MoD signs 4 bn pact for 3 testing facilities in TN Defence Industrial Corridor

The DTIS provides up to 75% government funding as ‘Grant-in-Aid’, with the remaining 25% funded by the Special Purpose Vehicle (SPVs), comprising Indian private entities and State/Central Governments.Read more

MSMEs are poised to play major role in India’s economic growth: Milind Barapatre

In this interaction with Rakesh Rao, Milind Barapatre, IEDS, Joint Director & Head of Office, MSME- Development & Facilitation Office (DFO), Mumbai, explains various pain-points of the industry and the role played by his organisation to facilitate the growth of MSMEsRead more

HAL receives light combat helicopter order; boosting ‘Make in India’

The revenue from operations increased 18.36% YoY to Rs 147.88 billion during the quarter. Read more

Assessing critical risks in workplaces

A critical risks safety audit identifies and evaluates situations posing significant risks of injury or harm to individuals and assets.Read more

DGFT asks export bodies for inputs on efficacy of interest equalisation scheme

The study is to help the department assess the key gaps and make necessary recommendations to ensure seamless facilitation of trade finance in India.Read more

China imposes control on aviation & aerospace exports; national security concern

It said the export controls would apply to aircraft and aerospace engines and structural parts, engine manufacturing related equipment, software and technology. Read more

FDI inflow into domestic manufacturing sector expected to rise; MoF

As global economies aim to stabilise and grow, India's manufacturing sector stands to benefit from these developments, leveraging both domestic strengths and enhanced external support.Read more

Zoho plans $700 million foray into chip manufacturing; compound semiconductors

Semiconductors occupy a pivotal position in India's economic agenda, with the government implementing a $10 billion package to fortify the industry's capabilities, positioning the nation to rival established players like Taiwan in the coming years.Read more

India-Asean trade agreement review in July

The ministry disclosed that eight sub-committees have been formed to address various policy aspects of the agreement, with five already engaged in discussions.Read more

Electric vehicle sales in India zoom

Backed by supportive government policy and low running costs, sales of electric vehicle (EV) grew across all segments in India in 2023, says Bloomberg New Economy Forum report.Read more

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