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Industry leaders react positively to the interim budget 2024-25

The Interim Budget also contained a number of announcements and strategies indicating directions and development approach for making India Viksit Bharat by 2047. Here are the reactions from the industry leaders on the interim budget 2024-25.Read more

RECPDCL signs MoU with govt of Gujarat for Smart Metering project

The MoU was signed ahead of Vibrant Gujrat Summit 2024 by Jai Prakash Shivahare, IAS, MD, GUVNL and Rajesh Kumar Gupta, CEO, RECPDCL in presence of Chief Minister of Gujarat, Bhupendra Patel. Read more

India's Long-Term Foreign Investment Outlook Strong despite Recent Dip: DPIIT secretary

Rajesh Kumar Singh, the secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), emphasised that ongoing geopolitical conflicts and economic challenges in advanced economies would not significantly impact foreign direct investment (FDI) flows to India.Read more

Govt halts expansion of PLI Scheme, focusing on strengthening existing sectors

It is anticipated that a decision on enlarging the list of sectors eligible for incentives to bolster domestic manufacturing capabilities will be deferred until the formation of a new central government next year.Read more

Q4 can see fiscal incentives under PLI for white goods: DPIIT Secretary

The production linked incentive (PLI) scheme on white goods seeks to encourage domestic manufacturing of air conditioners and LED light components.Read more

Right security seals used smartly can improve the cargo security

Seals are tamper-indicating devices used to detect and report unauthorised entry says Rajesh Kumar Banka while explaining the significance of seals in the industry.Read more

Start-up TIEA Connectors receives Rs 3.81 crore funding from TDB-DST

Society for Innovation and Development (SID-IISc) incubated start-up receives significant funding to commercialise harsh environment micro-electronic connectors and terminalsRead more

FDI in manufacturing increases by 76% due to PLI Schemes

PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.Read more

“Poor security is no security” is the philosophy of Safcon

Safcon Seals Pvt Ltd is an indicative and barrier seals manufacturer. Rajesh Kumar Banka, Managing Director, Safcon Seals is in security seal business for over 25 years. In this interview, Banka tells about his innovations with security seals during the past two decades, adding details about patented products and export operations of the company. Indian market offers great opportunities but is very competitive, he adds sharing about the growth plans of Safcon. Read more

Revenue protection is a need, not a choice for utilities

The success of utility meters protection depends on selection of security seal, effectively implementing, maintaining and upgrading it from time to time, says Rajesh Kumar Banka.Read more

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