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Budget aims to integrate India with global supply chains, boost manufacturing

Through the budget, the Union Government will support the domestic electronic equipment industry to leverage the opportunity of Industry 4.0. National framework for states to be formulated for promoting global capability centres in emerging tier 2 cities.Read more

Budget launches National Manufacturing Mission, revises MSMEs classifications

To boost exports, an Export Promotion Mission will be established with sector-specific and ministerial targets, says budget 2025-26.Read more

Budget 2025 aims to boost economy by propping up consumption, rejigs duties

FM Nirmala Sitharaman mentions agriculture, MSMEs, investments and exports as four crucial engines to propel the country's growth.Read more

Economic Survey expects India’s industrial sector to grow by 6.2% in FY25

Consumer-focused sectors like automobiles, electronics, and pharmaceuticals have emerged as growth drivers. Domestic production of electronic goods shows remarkable growth of CAGR of 17.5 per cent from FY15 to FY24.Read more

Economic Survey 24-25 calls for deregulation and stronger support for MSMEs

The Survey outlines a three-step process for states to systematically review regulations based on cost-effectiveness. Read more

Economic Survey 2024-25: India’s economic prospects for FY26 are balanced

While the Survey acknowledges potential headwinds such as geopolitical uncertainties, trade disruptions, and possible commodity price shocks, it also highlights several domestic growth drivers.Read more

Railway stocks to be in focus as FM Sitharaman reviews capex plan

The Finance Minister emphasised the need for the ministry to meet the capex target for the fiscal year 2024-25 within a set timeframe, building on the progress made in the first 100 days of the Modi government. Read more

Budget FY25 Decoded!

With emphasis on infrastructure, skill development, MSMEs, and manufacturing, the FY25 budget aims to drive India’s manufacturing-led expansion and exports. However, there are some missed opportunities as well. SME deciphers the short and long term impact of the budget with industry experts.Read more

Lazard report suggests India is on track on becoming a global manufacturing hub

Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.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

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