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Aatmanirbharta energising capital goods manufacturing
India’s electrical equipment industry has witnessed significant growth in the last few years. Raised government spending on rural and household electrification schemes and programs will drive the demand for power generation, transmission, distribution and related equipment in India, writes Arun Mote.Read more
We will add power generation boilers in our product line
The demand for Radiant Thermal Engineers’ products is at an all-time high with generation and better distribution of energy becoming a matter of prime importance today. Here, Kamlesh Rathore and Sanjay Sharma, Directors of Radiant Thermal Engineers, provide insights into their company and the road ahead.Read more
Budget 2022 - Customs duties rejigged to promote Make in India & exports
Concessional rates on capital goods to be gradually phased out and attract a moderate tariff of 7.5%. More than 350 entries to be phased out from customs duty exemption to promote Make in India and Aatmanirbhar Bharat. Graded duty rate structure to boost domestic electronics manufacturingRead more
Volatile commodity prices posing challenges to economic recovery: Ind-Ra
The sustained pace of rising commodity prices is likely to pose challenges for the financial market, by way of abrupt volatility in key commodity prices such as crude oil, says India Ratings and Research (Ind-Ra) report.Read more
Industrial investments in India to rise 30% in FY22-24: CRISIL
Without PLI scheme, capex would have likely taken nearly two years to touch pre-pandemic levels, says CRISIL Research. PLI holds the potential to generate Rs 2.2 lakh crore worth of capex over the scheme period (3-4 years).Read more
Govt extends Credit Guarantee Scheme for Subordinate Debt till March 2022
The scheme - launched on June 24, 2020 to provide credit facility through lending institutions to the promoters of stressed MSMEs - was to end on September 30, 2021. Read more
Madhya Pradesh: The heart of India
Located centrally, Madhya Pradesh is a beneficiary of mega infrastructure projects, with both North-South and East-West corridor crossing the state. There has been a rapid increase in industrial investment in Madhya Pradesh in the recent months and the state expects to sustain the growth momentum in the future.Read more
Danfoss inaugurates Centre of Excellence for green refrigerants in Chennai
Dan Jørgensen, Minister for Climate, Energy and Utilities, Denmark, inaugurated the facility. It will provide sustainable cooling for all and help in the green transformation of India’s Cold Chain sector.Read more
Subject: Join us for a Virtual Roundtable on Efficiently utilizing space and resources with latest technology in modern warehouses | August 31 at 3.30 p.m.
Logistics and warehousing play an indispensable role in the transportation of goods across the country. Read more
RBI extends Interest Subvention Scheme till Sept 30
This timely extension will provide competitive rates for exports and bring it near international benchmarks particularly for MSMEs.Read more