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Government unlikely to ease restrictions on Chinese telecom vendors

Officials confirmed that while companies like ZTE can manufacture products in India, they must adhere to the government's "trusted sources" policy, which prohibits the deployment of non-trusted equipment in Indian networks.Read more

Government schemes to propel domestic EV manufacturing

The adoption of electric vehicles in India has surged, particularly in the two-wheeler and three-wheeler segments, following the government's decision to extend the EMPS subsidy until September 30. Read more

Sansera inks Rs 21 billion investment MoU with Karnataka government

The project is expected to create approximately 3,500 direct and indirect jobs in the region.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

ABB India funds educational programs in 148 Karnataka government schools

These initiatives, launched in 2022, have successfully raised awareness levels among students, bridging the aspiration gap in key scientific concepts. Read more

Focus on incremental reforms

According to a recent report of DSP Mutual Fund, the manufacturing sector's contribution to India's GDP is anticipated to rise from 14 per cent in FY24 to 21 per cent by FY34, bolstered by lower logistics costs and improved infrastructure. Read more

Pricol Limited achieves NABL accreditation for test labs

The NABL accreditation process, involved a comprehensive evaluation of the laboratory's procedures, equipment, and personnel. Read more

Vietnamese steel, shoes & other imports get stuck in India’s quality check

India's increasing focus on the quality of imports also works as a non-tariff barrier to restrict the inflow of cheap and substandard quality products.Read more

Madan Sabnavis: The major problem for SMEs is their low credit worthiness

In this interview with Pratap Padode, Editor-in-Chief, Smart Manufacturing & Enterprises (SME), Madan Sabnavis, Chief Economist, Bank of Baroda, discusses the status of the private investment cycle, key pain points of SMEs, and some probable solutions.Read more

Aatmanirbhar Gujarat 2022: Boosting growth of MSMEs

The Aatmanirbhar Gujarat 2022 Scheme aims to increase investment in the MSME sector in Gujarat, boosting Gujarat's industrial landscape and contributing to Atmanirbhar India's vision. Saumil Soni and Jaideep Jain explore the scheme and its impact on MSMEs.Read more

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