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Ramp up R&D to reduce auto component imports: Amitabh Kant
Niti Aayog CEO added that there is need for new synergies such as with IT industry in the areas of power electronics. India must look at using the first mover advantage for producing all components for electric vehicles, thus driving towards the path of being a future global leader.Read more
VVDN Technologies opens electronic manufacturing facility in Haryana
Union Minister Nitin Gadkari inaugurated the company’s new Global Innovation Park (GIP), which will employ 10,000 people over one year. VVDN will make a wide range of products like 5G Equipment, Trackers, Dash cams, Cameras, Wi-Fi Access Points, etc.Read more
Ministry suggest increase in credit guarantee for MSMEs to Rs 5000 bn
MSME Minister Nitin Gadkari urge industry to look upon the present crisis as opportunity especially as some countries are looking to move away their investments from China.Read more
Govt amends interest subvention scheme for MSMEs to give fillip to the sector
The Minister for Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways, Nitin Gadkari has approved the changes in the Interest Subvention Scheme for MSMEs, in a meeting held to review the functioning of the scheme.Read more
Govt approves changes in interest subvention scheme for MSMEs to give fillip to the sector
Post changes, MSME units eligible for GST can now avail the benefits of the scheme with just their GST number (GSTN)Read more
Oriental Structural Engineers wins Gold at MoRTH Annual Awards
OSE won awards under both categories of construction and management of the Eastern Peripheral Expressway (Package-5).Read more
ACMA’s annual session mulls over the future of Indian auto component industry
The auto component association also released a study, conducted by McKinsey & Co, on the theme of “Auto component industry in India: Preparing for the future†on the occasionRead more