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VECV targets new export markets and EVs in India, celebrating 15 years

Volvo Eicher Commercial Vehicles (VECV) plans to broaden its footprint in the domains of light and medium-duty as well as heavy-duty trucks and buses.Read more

India triumphs in Global Manufacturing, BCG Study Reveals

A BCG study titled 'Navigating the Transformative Shifts in Global Manufacturing’ revealed a remarkable surge of $23 billion in exports to the US, a staggering 44% increase from 2018 to 2022.Read more

SMEV urges unified road tax exemption policy for EVs nationwide

In a letter addressed to the Union Minister of Road Transport and Highways, Nitin Gadkari, SMEV emphasised the critical need for a stable and supportive policy environment to expedite the transition towards electric mobility in India.Read more

India surpasses 1 mn EV sales in just 9 months, driven by growth factors

According to data from the Vahan Dashboard of the Ministry of Road Transport and Highways, a total of 1,037,011 EVs were registered with regional transport offices by September 19, constituting 6.4% of the nation's total automobile sales for the year.Read more

Govt plans PLI Scheme updates, boosting sectors like pharma, drones, textiles

Additionally, the official disclosed that the disbursement of PLI incentives for white goods, including air conditioners and LED lights, is set to commence this month.Read more

Central govt commits to sustaining capital spending despite fiscal deficit concerns

The official emphasised that the Central government's objective is to encourage departments to accelerate capital expenditure (capex) in the current fiscal year to support economic growth.Read more

ICRIER study: E-commerce integration vital for MSMEs' survival and growth

The study, titled 'Annual Survey of MSMEs in India: Leveraging E-commerce for the Growth of MSMEs,' emphasises that although integrating with e-commerce platforms offers benefits to MSMEs, it is crucial to acknowledge that for those unable to do so.Read more

Global coalition calls for tripling renewable energy by 2030

The alliance of organisations, which includes Adani, American Greenpower, Ember, and the Energy Transition Commission, emphasised that achieving this target represents the swiftest and most cost-effective approach to decarbonise the global economy.Read more

Indian Ministry focuses on empowering MSMEs through skill development

This transformation involves incentivising skills training for micro, small, and medium enterprises and offering customized courses to meet the demand for skilled workers within small businesses.Read more

Jindal's Stainless Steel Park in Odisha set to attract Rs 10,000 cr Investments, 20,000 jobs

In December of the previous year, Odisha Chief Minister Naveen Patnaik ceremoniously laid the foundation stone for this groundbreaking project.Read more

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