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Budget 2024-25: 8 measures in support of MSMEs
The FM said that the Government has formulated a package that covers financing, regulatory changes and technology support for MSMEs.Read more
Budget 24-25: Rs 11.11111 trillion allocated for capital expenditure
To encourage the states to provide support of similar scale for infrastructure, the Finance Minister Smt Nirmala Sitharaman announced a provision of Rs 1.5 trillion for long-term interest free loans this year. Read more
DPIIT raises $1.4 billion in tyre investments from global players
The DPIIT has also urged other ministries to take similar steps to promote domestic manufacturing in sectors under their purview, as has been done with toys and tyres.Read more
India’s pharma sector likely to double post US Biosecure Act
At present, China’s CDMO industry commands 8% global market share compared to India’s 2.7%. Read more
Zen Mobility continues to innovate in a transforming market
He also discusses the influence of government initiatives on the industry and outlines Zen Mobility’s plans in the EV space.Read more
Focus on Downstream Aluminium in India
The sector has proactively adopted strategic initiatives to boost its capabilities and economic impact.Read more
61% global manufacturers expect AI to drive growth by 2029; ZT report
While digital transformation is a priority for manufacturers, around 30% to 40% of global and APAC, including India, respondents recognise achieving it is fraught with obstacles, including the cost and availability of labour, scaling technology solutions, and the convergence of information technology and operational technology (IT/OT).Read more
SIAM hosts workshop and unveils ‘SIAM EV Talent Landscape in India’ report
The report was unveiled by Chief Guest, Shri H D Kumaraswamy, Hon’ble Union Minister of Heavy Industries & Steel, Government of India.Read more
Continental & Amazon Web Services creates software solutions for mobile robots
Continental's comprehensive AMR solutions comprise robot hardware, an advanced autonomy software stack and AI-enabled fleet management software supported by strong partners. Read more
GOI to implement equal 5% GST on all aircraft and engine parts to boost industry
The uniform tax rate is expected to reduce operational costs, resolve tax credit issues, and attract investment in the MRO sector.Read more