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India's imports from ASEAN FTA partners; $187.92 billion in FY24

Exports to Asean countries grew from $37.47 billion in FY19 to $41.21 billion in FY24, marking a 9.96 per cent increase. Read more

VE Commercial Vehicles announces joint venture with iTriangle Infotech

The joint venture aims to strengthen VECV's surround-service portfolio for Eicher truck and bus customers, enhancing its ability to address the rapidly evolving people and logistics ecosystem in India and select export markets. Read more

Clara Smith appointed Vice President Strategy & Transformation, SECO

In her previous role as Group Head of Market Strategy at Hitachi Rail, Clara played a key role in shaping global market and operations strategy, overseeing both organic and inorganic growth initiatives. Read more

IPF turns smart with SME

In 1972-73, the India's economy grew by about 2 per cent compared to previous year with industrial sector registering a growth of only 4.5 per cent while agriculture production declining by 1.7 per centRead more

Danfoss plans Rs 500 Crore Investment in India for localization, expansion

The company, which helps its customers to decarbonise their businesses, has identified 4-5 areas for localisation in order to take advantage of opportunities in the energy transition spaceRead more

India's exports may hit $ 450B in 2024 amidst Red Sea mishap, says Ashwani Kumar

The main drivers of merchandise export growth in February include engineering goods, electronic goods, organic and inorganic chemicals, drugs and pharmaceuticals, and petroleum productsRead more

Department of Military Affairs revolutionises indigenisation

The highlights from the sessions included discussions on private sector participation in Defence R&D, optimising Make, iDEX, Positive Indigenisation List (PIL)Read more

Panasonic expands its lighting business with launch of its new facility in Daman

With investment of Rs 15 million the new facility will enable in-house manufacturing with Japanese technology ensuing quality production.Read more

Union Minister Hardeep Singh Puri inaugurates Praj’s SAF demo facility

India is the third largest and fastest-growing civil aviation market in the World. The low carbon SAF has a significant role in helping India achieve its net zero goal targets by 2070.Read more

GTRI urges govt to maintain import duties on smartphone components

The think tank suggested that maintaining the current import tariffs, ranging from 7.5 to 10% on imported smartphone parts, is essential for balancing industry growth and ensuring long-term development.Read more

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