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7 startups chosen by GoI for aerospace and defence sectors

The DRDO, under the Ministry of Defence, emphasised that these projects are a significant step towards self-reliance in defence technologies and will foster innovation among Indian startups.Read more

Govt expected to relax 45-day payment rule for MSMEs in upcoming Budget

MSMEs have raised concerns that this provision could lead large buyers to avoid MSME suppliers, opting instead for non-MSMEs or those not registered with Udyam. Read more

Indian automakers seek exemption from Chinese PCB anti-dumping duty order

Indian PCB makers say the auto industry hasn't given them firm commitments of volume, thus preventing them from investing in building capacity. Read more

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

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