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Economic Survey 2024-25: India’s economic prospects for FY26 are balanced

While the Survey acknowledges potential headwinds such as geopolitical uncertainties, trade disruptions, and possible commodity price shocks, it also highlights several domestic growth drivers.Read more

Govt infra spending grows 38.8% in five years: Economic Survey

India's power sector expanded with installed capacity rising 7.2% YoY to 456.7 GW by November 2024. Read more

Union Budget 2025-26: ISSDA’s expectations for the stainless steel industry

A cornerstone of ISSDA’s recommendations is the mandatory inclusion of Life Cycle Cost Analysis (LCCA) in all public infrastructure projects at the Detailed Project Report (DPR) stage.Read more

Union Budget bolsters the manufacturing industry and MSMEs

MSMEs contributed 35.4% to all-India manufacturing output in FY 22, and MSME-made products accounted for 45.7% of exports in FY 24.Read more

Budget 2024-25: 8 measures in support of MSMEs

The FM said that the Government has formulated a package that covers financing, regulatory changes and technology support for MSMEs.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

Government implements major reforms to boost domestic manufacturing

These reforms are aimed at enhancing exports.Read more

First IPF Industrial Excellence Forum (IIEF) lauds innovations in 5 categories

The first IIEF hosted conferences for discussing relevant topics like strategies to move ahead in the new normal and deliberated on SME readiness as manufacturing is growing in India due to the global move from China to India. While during the IPF Awards, the IIEF recognised new product innovations to upholding ‘Make In India’. The IIEF was hosted virtually and received favourable industry responseRead more

AAI recommends increase in import duty on aluminium

Due to lack of policy support, 23 lakh tonnes of aluminium (ie, 58% of India's demand) were imported in India in FY19, resulting in a forex outgo of Rs 38,000 croreRead more

Here are the Union Budget 2018 goodies for the MSMEs

According to the National Sample Survey’s (NSS) 73rd round, there were around 634 trillion unincorporated non-agriculture MSMEs (micro, small and medium enterprises) in India in 2015-16 providing employment to 111 million workers. Taking into account the significance of MSMEs sector to the country’s economic development, a list of measures to help MSMEs and job creation were announced by Finance Minister Arun Jaitley while presenting the last full budget of the current government.Read more

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