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DGFT: Exporters must adhere to new UK regulations for duty benefits

The US, European Union (EU), Australia, Japan and many other developed countries grant unilateral import duty concessions to developing countries under their GSP schemesRead more

Government considers legal action against three firms for FAME subsidy recovery

The move comes after the ministry of heavy industries failed to recover the disputed amount from these companies even after multiple attemptsRead more

Incentives to be offered to steelmakers for using domestic coking coal

The coal ministry said on 13 March that monetization of the Dugda Coal Washery will be held through a transparent competitive auction process and will be awarded to a steel manufacturerRead more

India's exports may hit $ 450B in 2024 amidst Red Sea mishap, says Ashwani Kumar

The main drivers of merchandise export growth in February include engineering goods, electronic goods, organic and inorganic chemicals, drugs and pharmaceuticals, and petroleum productsRead more

Government’s E-vehicle Policy and its impact on Indian markets

The scheme will promote E-vehicle with the latest technology to be manufactured in India, making India a manufacturing hub of E-vehicleRead more

Ashok Leyland and Minus Zero join hands to revolutionise autonomous trucking

The initial focus of this collaboration will be on developing tailored autonomous trucking solutions for ports, factory operations and corporate campusesRead more

Jindal Stainless teams up with JBM Auto for energy-efficient electric buses

JBM Auto is also working towards transitioning its export orders for electric buses, into energy-efficient stainless steel buses. The material will be supplied through Jindal Stainless’ domestic service arm specialising in customisation and value addition, Jindal Stainless Steelway Limited Read more

Hanif Qureshi proposes scheme to boost EV adoption, manufacturing in India

On 13 March, 2024 Prime Minister Narendra Modi government unveiled the Electric Mobility promotion Scheme (EMPS) 2024, with a focus to encourage the purchase of electric two-wheelers (e2W) and three-wheelers (e3W) in the countryRead more

Indian Warehousing developers rush for land amid shift from China

Businesses in India have traditionally relied on dingy, stuffy low-rise sheds known as godowns for their storage needs, but these are unsuited to the needs of foreign industrial giants whose investment Prime Minister Narendra Modi wants to lureRead more

Godrej & Boyce, Thales form strategic partnership for sustainability

Underlining the significance of this collaboration, Godrej Precision Engineering has pledged to align its operations with Thales’ ambitious CO2 emission reduction targets for 2030 across Scope 1, 2, and 3 emissionsRead more

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