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Budget 24-25: Rs 11.11111 trillion allocated for capital expenditure
To encourage the states to provide support of similar scale for infrastructure, the Finance Minister Smt Nirmala Sitharaman announced a provision of Rs 1.5 trillion for long-term interest free loans this year. Read more
Indian manufacturing market projected to reach $1 trillion by 25-26
The automotive sector, a keystone of India's manufacturing prowess, has drawn enthusiastic interest from global players like Tesla and Ford, depicting intents for establishing or expanding their manufacturing footprints here. Read more
Raychem RPG's 'Make in India' boosts electricity projects
This success will enhance the acceptability of Raychem RPG’s 245kV cable accessories not only in the Indian markets but also in SAARC countries, namely Bangladesh, Nepal, and SrilankaRead more
India eyes Rs 3 trillion defence production by 2028-29
The Ministry of Defence was allocated Rs 6.21 trillion in the Union Budget 2024-25, which is the highest among the Ministries.Read more
The green path to $ 10 trillion economy
In 2023, green manufacturing startups were able to attract more than $10 billion investment globally (with sectors like batteries, transportation, building and materials, and metal emerging as the most popular choices for investors), according to a Crunchbase report.Read more
Interim budget 2024-25: Govt plans Rs 11.11 trillion capex for this year
FM Nirmala Sitharaman proposed setting up of a corpus of Rs one trillion for India’s tech savvy youth. For railways, three major economic railway corridor programmes - energy, mineral and cement corridors, port connectivity corridors, and high traffic density corridors - will be implemented.Read more
Tata Motors set to kick off EV production at Sanand Plant in April
Tata Passenger Electric Mobility, a subsidiary of Tata Motors, had acquired the Sanand facility from Ford India for Rs 725.7 crore in January of the previous year.Read more
K-RIDE invites bids for 306 coaches in Bengaluru suburban railway project
K-RIDE, a collaborative effort between the state and union governments, is overseeing the development of the 149-km BSRP spanning four corridors: Sampige, Mallige, Parijata, and Kanaka.Read more
Corning Inc invests Rs 10 bn in Tamil Nadu for Apple supplier manufacturing facility
The new facility will be situated in Pillaipakkam, near Sriperumbudur, on a 25-acre plot, with the option for expansion as needed.Read more
PHDCCI report recommend schemes for 75 potential export products
PHDCCI report recommend schemes for 75 potential export productsRead more