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Auto industry: Localisation movement needs government support
While there has been huge pressure on automakers and even component suppliers to manufacture fuel efficient vehicles and additionally meet the new challenges of the changing regulations for ICE vehicles, industry is hoping for a support from the government. On one hand it is developing EV ecosystem and on the other the industry meeting new regulatory challenges that government is imposing based on the Paris Pact. Import bans are another issue for component supplies. This makes it mandatory for IRead more
Government designs a ‘Four Point Plan’ to deal with Suez Canal Blockage
Blockage of Suez Canal since March 23, 2021 is seriously hitting the global trade. This route is used for Indian exports/imports worth US $ 200 Bn to/from North America, South America and Europe. Read more
Government deliberates on strengthening manufacturing ecosystem in India
The Investment Clearance Cell (ICC) is being set up to facilitate and support businesses through a one stop digital platform - the National Single Window System. Read more
Nitin Gadkari: Government committed to promote renewable energy for MSME Sector
The Government has set an ambitious target for renewable energy and in particular, solar power generation, for this decade. The target for renewable energy installation is 450 GW by year 2030.Read more
Government implements major reforms to boost domestic manufacturing
These reforms are aimed at enhancing exports.Read more
Government mulls on making Scrap Recycling an organised sector
This framework is also seen to be prepared in the backdrop of the upcoming Vehicle Scrappage Policy for automobiles, which will ensure sufficient availability of domestic scrap in the countryRead more
Amitansu Satpathy: “Need to work closely with government & ministriesâ€Â
Amitansu also discussed building robust channel partners and appreciated the support them in reaching out to customers with solutionsRead more
Government to bring structural reforms in mining sector: Pralhad Joshi
The government took a proactive and biggest industry-friendly step of transferring all statutory clearances to the new lessees by promulgating an ordinance. This was a major step to ensure seamless production of raw materials.Read more
Government extends Emergency Line Credit Guarantee till Nov 30
The extension is expected to provide an opportunity to the borrowers who are yet to avail this scheme, thereby gaining from this scheme.Read more
Government not keen to extend credit guarantee scheme for MSMEs
The objective is to provide support to all those affected and if there are no takers for the scheme, there is no need to extend the scheme even though there is some room left. Read more