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Chinese auto manufacturer BYD to establish $1 bn manufacturing plant in India

Due to its Chinese connections, BYD is partnering with Hyderabad-based Megha Engineering and Infrastructures.Read more

Forward Manufacturing Company Pvt. Ltd. inks pact with France’s Pernat Industrie

As part of this JV, Forward and Pernat will collaborate to introduce new technologies to the Indian automotive, aerospace, and defence industries.Read more

TDF schemes to encourage 'Aatmanirbharta' in public & private defence industries

So far, 77 projects have been sanctioned to various industries, with a commitment of over Rs 3 billion.Read more

LatentView Analytics acquires 70% stake in Decision Point for $39.1 million

Established in 2012, Decision Point has more than a decade of experience in developing AI-powered solutions and employs over 300 people worldwide.Read more

China faces plastic overcapacity; strains global trade relations

Some sectors of China's vast petrochemical industry are operating at half capacity as producers scale back.Read more

MSMEs ask for Rs 50 billion export boost in Union Budget

The goal is to increase the number of active exporters and enable at least 300,000 to 400,000 first-time MSMEs to promote Indian products globally.Read more

DGTR launches inquiry for dumping of Chinese guard rails following complaints

If the investigation confirms that dumping has harmed domestic manufacturers, the DGTR will recommend imposing anti-dumping duties on these imports. Read more

Reliance Industries to invest $60 bn in 10 years estimates Morgan Stanley

The Tata group has announced plans to invest $120 billion while firms in the Adani tent will put in $100 billion in the next one decade mainly to build airports, sea ports, and roads.Read more

The MoRD and MoMSME join hands to empower Lakhpati Didis through several schemes

The SoI will strengthen the partnership between the two ministries to support and elevate SHG Didis in entrepreneurship, leveraging MoMSME's flagship initiatives such as Yeshaswini- Apna Udyam, Apni Pehchaan, Udyam Assist, etc.Read more

MoD signs 4 bn pact for 3 testing facilities in TN Defence Industrial Corridor

The DTIS provides up to 75% government funding as ‘Grant-in-Aid’, with the remaining 25% funded by the Special Purpose Vehicle (SPVs), comprising Indian private entities and State/Central Governments.Read more

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