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India's E-scooter startups struggle amidst localisation challenges
A significant setback has emerged as several of these startups face criticism for importing parts from China instead of sourcing locally.Read more
Indian exporters brace for challenges due to Israel-Hamas conflict
International trade specialists have indicated that this conflict might reduce the profits of Indian exporters temporarily, though trade volumes are unlikely to be impacted unless the war escalates significantly.Read more
Tata Motors drives future-ready workforce for EV revolution
Tata Motors has set an ambitious goal of empowering more than half of its workforce with cutting-edge automotive technology expertise within the next five years.Read more
Indian Railways struggles with wheel supply, increasing reliance on Chinese imports
The domestic supplies from Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) have not kept pace with the increasing requirements.Read more
Exporters seek government support amid global challenges
Exporters have appealed to the central government for support in ensuring affordable and readily available credit for Micro, Small, and Medium Enterprises (MSMEs) amid global challenges caused by a lack of liquidity.Read more
CDIIC, SIDBI partner to boost Coimbatore startups with Rs 2 cr funding
The Codissia Defence Innovation and Atal Incubation Centre (CDIIC) has entered into a funding agreement with the Small Industries Development Bank of India (SIDBI) to support startups incubated at its Coimbatore facility.Read more
India's private capex faces challenges amidst optimism
India Ratings and Research (Ind-Ra) suggests a potential uptick in private investment if certain economic conditions persist.Read more
India unveils indigenous military hardware list, fosters innovation with self-reliance
Defence Minister Rajnath Singh revealed the details of this fifth positive indigenisation list at the 'Swavlamban 2.0' seminar hosted by the Indian Navy.Read more
More than half of India?s vehicles will be electric by FY33, Axis Capital Research
A progressive recasting of PLI for battery manufacturing is critical to spur EV battery making in India, concludes Nishit Jalan, Lead Analyst ? Automobiles at Axis Capital Research after a several-months-long study of the evolving global EV battery ecosysRead more
Himachal Pradesh enforces 80% local workforce rule in industries
Himachal Pradesh's industry minister, Harshwardhan Chauhan, declared that industrial units failing to comply with the government's directive of having 80% local workforce will be denied incentives.Read more