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Chips are up!

In December 2024, India's electronics exports surged by 35.1 per cent to reach a two-year high of $3.58 billion, up from $2.65 billion in December 2023, according to the Ministry of Commerce and Industry, Government of India. Similarly, electronics exports rose by 27.4 per cent during April-November 2024, hitting $22.5 billion compared to $17.66 billion during the same period in 2023.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

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

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

GTRI urges simplified customs duty structure to boost manufacturing and exports

According to GTRI, currently, 85% of tariff revenue is generated from just 10% of tariff lines or product categories, while 60% of tariff lines account for less than 3% of total revenue. Read more

Greaves Engineering is steadily increasing exports: Dr Arup Basu

In this interview with Rakesh Rao, Dr Arup Basu, MD, Greaves Cotton Ltd, highlights emerging trends in the Indian manufacturing sector and the company's plans for robust growth with minimum carbon footprint.Read more

Lava Cast exports flywheels and covers to US market

The shipment includes flywheels tailored for leading auto and auto ancillary players in the USA and covers designed for aftermarket distributors and remanufacturers. Read more

China+1 strategy: India's mixed gains

India’s strategic response to these challenges could determine the extent of its long-term gains from the evolving global supply chain realignments.Read more

India's exports set to exceed $800 billion this fiscal year: A Sakthivel

He highlighted that the establishment of 12 new industrial cities would further stimulate domestic manufacturing, while the success of the Production-Linked Incentive (PLI) scheme has bolstered the manufacturing sector. Read more

EEPC targets $300 billion in exports by 2030; Shows vision for New India: Goyal

The Minister also acknowledged EEPC’s contributions across various sectors, including mobility, capital goods, and steel, noting that the council has been pivotal in building national engineering capabilities.Read more

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