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Govt infra spending grows 38.8% in five years: Economic Survey
India's power sector expanded with installed capacity rising 7.2% YoY to 456.7 GW by November 2024. 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
Union Budget 2025-26: ISSDA’s expectations for the stainless steel industry
A cornerstone of ISSDA’s recommendations is the mandatory inclusion of Life Cycle Cost Analysis (LCCA) in all public infrastructure projects at the Detailed Project Report (DPR) stage.Read more
Electronics component manufacturers seek government support in Budget 2025
In addition to potential PLI incentives, the government is reportedly preparing a plan to encourage electronics manufacturing in Tier II towns. Read more
Indian Railways offers big opportunity for suppliers with Rs.2.65 trn capex
With Rs. 2.65 trillion capex in 2024-25, Indian railway sector presents a big opportunity for suppliers because of Vande Bharat, rising wagon demands (due to dedicated freight corridors), investments in high-speed trains & tracks, etc, says Rakesh Rao.Read more
Budget FY25 Decoded!
With emphasis on infrastructure, skill development, MSMEs, and manufacturing, the FY25 budget aims to drive India’s manufacturing-led expansion and exports. However, there are some missed opportunities as well. SME deciphers the short and long term impact of the budget with industry experts.Read more
Lazard report suggests India is on track on becoming a global manufacturing hub
Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.Read more
Budget 2024 to boost India’s manufacturing industry
The Budget has strategically prioritised the manufacturing sector along with the infrastructure, employment and skilling development. Read more
Government to develop parks and dormitories near manufacturing clusters
Twelve industrial parks under the National Industrial Corridor Development Programme will also be sanctioned, with significant progress already in Uttar Pradesh and Tamil Nadu. Read more
Will Budget 2024-25 benefit the manufacturing industry?
The manufacturing sector is crucial for job creation, export growth, and overall economic development. Read more
