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India's 2023 exports decline 5.3%, electronics shines amid challenges

According to the Global Trade Research Initiative (GTRI), India's merchandise exports are projected to decrease to $429 billion in 2023 from $453 billion in 2022, representing a 5.3% fall.Read more

Govt halts expansion of PLI Scheme, focusing on strengthening existing sectors

It is anticipated that a decision on enlarging the list of sectors eligible for incentives to bolster domestic manufacturing capabilities will be deferred until the formation of a new central government next year.Read more

Govt officials laud PLI Scheme success across industries, DPDP rules finalised soon

Secretary S Krishnan announced that the Digital Personal Data Protection (DPDP) rules would be finalized in a few weeks, emphasizing that the DPDP Act strikes a balance between regulation and the security of personal data, fostering innovation.Read more

LOHUM partners UAE Ministry for First EV Battery Recycling Plant

The partnership comes in light of UAE’s COP28 agenda and aligning with the UAE’s Net Zero by 2050 Strategic Initiative, Circular Economy Policy and supporting emissions-free mobility with future-ready solutions.Read more

CASE unveils Bharat Stage V compliant loader backhoes, compactors at EXCON 2023

Company upgrades its entire loader backhoe range with the safest operator cabin compliant to ROPS & FOPS standards, and 22 unique features.Read more

Indian defense firms secure global rankings amidst rising arms demand

The Stockholm International Peace Research Institute (SIPRI) recently published a report, disclosing that HAL, BEL, and MDL, all Indian defense PSUs, secured positions among the top 100 arms-producing companies.Read more

India aims to lead global semiconductor industry amidst supply chain challenges

Suraj Rengorajan, Chief Technology Officer at Applied Materials, highlighted India's capability to alleviate the global semiconductor talent at Bengaluru Tech Summit 2023.Read more

Socomec energises Asia-Pacific with innovative 'Make in India' ups solution

Socomec has established robust manufacturing capabilities, creating employment opportunities while maintaining global quality standards.Read more

Circular economy for sustainability

For the circular economy to succeed there must be some value addition. While it is clear that most, if not all, companies will have to practice elements of CE in the near future, if not already doing so, says R Jayaraman.Read more

Solar charging infrastructure will push green mobility, suggests Dr Aanchal Jain

PMI Electro Mobility is a leading electric bus manufacturer in the country. The company aims to garner fresh orders under the recently announced PM e-bus Sewa scheme. This will greatly enhance PMI Electro Mobility’s technological capabilities and catapult our growth trajectory manifold says Dr Aanchal Jain, Chief Executive Officer, PMI Electro Mobility Solutions Private Limited in this interview.Read more

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