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DGFT: Exporters must adhere to new UK regulations for duty benefits

The US, European Union (EU), Australia, Japan and many other developed countries grant unilateral import duty concessions to developing countries under their GSP schemesRead more

Government considers legal action against three firms for FAME subsidy recovery

The move comes after the ministry of heavy industries failed to recover the disputed amount from these companies even after multiple attemptsRead more

Incentives to be offered to steelmakers for using domestic coking coal

The coal ministry said on 13 March that monetization of the Dugda Coal Washery will be held through a transparent competitive auction process and will be awarded to a steel manufacturerRead more

Ashok Leyland and Minus Zero join hands to revolutionise autonomous trucking

The initial focus of this collaboration will be on developing tailored autonomous trucking solutions for ports, factory operations and corporate campusesRead more

BMW and German automakers express concerns over EV Policy favouring new entrants

The Indian government has given the green light to a new electric vehicle scheme with tax relief aimed at positioning India as a prime manufacturing hubRead more

Hanif Qureshi proposes scheme to boost EV adoption, manufacturing in India

On 13 March, 2024 Prime Minister Narendra Modi government unveiled the Electric Mobility promotion Scheme (EMPS) 2024, with a focus to encourage the purchase of electric two-wheelers (e2W) and three-wheelers (e3W) in the countryRead more

Indian Warehousing developers rush for land amid shift from China

Businesses in India have traditionally relied on dingy, stuffy low-rise sheds known as godowns for their storage needs, but these are unsuited to the needs of foreign industrial giants whose investment Prime Minister Narendra Modi wants to lureRead more

nasscom CoE teams up with Capgemini for Smart Manufacturing in India

The program aimed at capability building for manufacturing leaders & SMEs, providing step-by-step guidance on accelerating the adoption of digital technologies at plants to improve operational efficiency and productivityRead more

RECPDCL, BHEL sign MoU to create SPV for large-scale RE projects

The SPV will focus to cater energy requirement of preferably the commercial and industrial (C&I) segment with initial capacity of 1 GW which would further be scaled upRead more

Government approves new EV policy to attract big investment in manufacturing

As per the policy, electric vehicle maker will have to make minimum investment of Rs 4150 crore to set up manufacturing facilities in India, and 50 per cent domestic value addition to be reached within 5 years at the maximumRead more

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