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How ESG is catalysing India's SMEs for global competitiveness
A new mandate emphasising environmental, social, and governance (ESG) compliance has surfaced, demanding India's attention if it wishes to secure its place in the international marketplace.Read more
Telangana welcomes Kaynes: Boosts semiconductor industry standing
The company partners with the Government of Telangana for esteemed OSAT/ATMP plant in Hyderabad.Read more
Exporters seek government support amid global challenges
Exporters have appealed to the central government for support in ensuring affordable and readily available credit for Micro, Small, and Medium Enterprises (MSMEs) amid global challenges caused by a lack of liquidity.Read more
CDIIC, SIDBI partner to boost Coimbatore startups with Rs 2 cr funding
The Codissia Defence Innovation and Atal Incubation Centre (CDIIC) has entered into a funding agreement with the Small Industries Development Bank of India (SIDBI) to support startups incubated at its Coimbatore facility.Read more
Govt imposes nationwide ban on electric detonators starting April 2025
In a notification, the Department for Promotion of Industry and Internal Trade (DPIIT) has said that the central government is of the opinion that electric detonator is of a Read more
Indian medical device makers seek extension for Class C, D device licensing
The Association of Indian Medical Device Industry (AiMED), representing domestic medical device makers, sent a letter dated September 25 to Health Minister Mansukh Mandaviya, outlining their concerns.Read more
Vedanta accelerates steel asset sale, focuses on core mining in restructuring move
Recently, Vedanta announced plans to restructure its operations, creating separate commodity-focused entities to strengthen its financial position.Read more
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The company unveiled swappable batteries for EVs that double as power sources for household appliances via inverters during a renewable energy exhibition.Read more
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Small and medium enterprises (SMEs) in the auto component sector are anticipating a more moderate 8-10% growth in the fiscal year 2024.Read more
India's automotive industry aims for $1 trn export hub by 2035: Arthur D Little report
Barnik Chitran Maitra, the Managing Partner (India & South Asia) at Arthur D Little, highlighted India's capability to become a worldwide centre for automotive design, development, and production, catering to international markets.Read more