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DGFT asks export bodies for inputs on efficacy of interest equalisation scheme
The study is to help the department assess the key gaps and make necessary recommendations to ensure seamless facilitation of trade finance in India.Read more
Green hydrogen, electrolyzer projects may get Rs 200 billion; GOI
A favourable policy to encourage the manufacturing of electrolyzers is crucial for India to bring down the cost of green hydrogen.Read more
L&T to own 100% of LTSSHF; to buy NPCIL stake
A delay in equity infusion by the promoters, led to the net worth of LTSSHF to fall to negative Rs 25.73 billion as of March 31, 2023.Read more
Indian aerospace manufacturers seek global orders; ask GOI for policy push
The surge in orders has prompted global aerospace suppliers to ramp up sourcing from India. Airbus, in particular, is strengthening ties with Indian partners for various functions such as IT, engineering, and production. Read more
As EV, RE systems advances, lubricants demand is going to increase meticulously
In this interview with Rakesh Rao, P Sudhahar, Executive Director (Lubes), Bharat Petroleum Corporation Ltd (BPCL), tracks the changing dynamics of the lubricants market. Read more
Coolants will keep the game going for us with growing EVs in auto sector
Incorporated in the year 1987, Fleetguard Filters Private Limited is a leading manufacturer and supplier of filtration products comprising of air, lube, fuel, hydraulic and water filtration to coolants and chemicals. In this interview with Ayushi Khandelwal, Niranjan Kirloskar, Managing Director of Fleetguard Filters tells how company has achieves a well-established supply chain system while maintaining the quality of its filters throughout the years.Read more
Gujarat's IT/ITeS sector gears up for transformative growth and global collaboration
In the fiscal year 2021-22, Gujarat achieved a remarkable 14% annual growth in IT/ITeS exports. As part of its strategic plan, the state aims to boost these exports to Rs 25,000 crore over the next five years.Read more
Chips are up!
Over the past decade, the Indian electronics hardware industry has witnessed significant growth and transformation with rising manufacturing and export volumes. India's share in the global electronics industry has increased significantly, rising from 1.3 per cent in FY12 to 3.75 per cent in FY22. Read more
Greening Enterprise Eco system, SIDBIs dedicates Mission 50K-EV4ECO
Small Industries Development Bank of India (SIDBI) with the aim to strengthen the EV ecosystem, launched Mission 50K-EV4ECO which will unlock the market by providing better financing terms for electric two- wheeler, three-wheeler, and four-wheeler (2W, 3W and 4W) vehicles purchase. Read more
When the going gets tough, ‘bearings’ start going
Subdued sales growth in automotive industry - which accounts for 48 per cent of bearings demand in India - is taking a toll on suppliers including bearing makersRead more
