Search result for 'cost competitiveness'

US tariffs on competing nations create opportunities for Indian manufacturers, as global companies seek to diversify supply chains. MAIT highlights the potential for India to become a leading...

GTRI says essential goods like pharmaceuticals, semiconductors, and energy products are exempt from US tariffs, creating opportunities for India.

India's CRDMO sector is poised for significant growth, with potential to reach USD 25 billion by 2035, driven by de-risking supply chains and rising demand for advanced modalities.

India is projected to become a high-income country by 2047 with a USD 23-35 trillion GDP, driven by the services sector, according to a report by Bain & Company and nasscom.

India's stainless steel industry welcomes the Union Budget 2025-26, highlighting its emphasis on infrastructure, manufacturing, and sustainability, key drivers for sector growth. The budget aims to...

India's export prospects for 2025 are positive due to gradual recovery in developed markets and focus on key products. However, trade protectionism and global uncertainties pose challenges. Read...

GTRI says improved India-China ties won''t significantly change trade relations. India''s trade deficit with China remains a concern, despite diplomatic breakthroughs.

Readymade garment exporters from Tamil Nadu are expected to see 8-10% revenue growth in FY25, driven by strong demand and government support. Learn more about the industry's outlook.

Icra warns of cost pressures on steelmakers due to new mining cess enforcement following Supreme Court ruling. Margins could shrink by 60-180 basis points.

India has waived customs duty on critical minerals like lithium, copper, and nickel, making the country a competitive hub for lithium-based cathode materials and boosting domestic production of...

Drone Destination has partnered with IFFCO to spray agricultural products on 30 lakh acres of farmland across 12 Indian states. The deal aims to enhance agricultural productivity and efficiency...

Hyundai and Kia join forces with Exide Energy Solutions to localize EV battery production in India, focusing on LFP cells for upcoming EV models. This partnership aims to strengthen their presence...

India inaugurated 40 new facilities for bulk drug and medical device manufacturing, aimed at reducing dependence on imports and boosting self-reliance. The initiative is part of the government's...

HFCL sets up a new optical fibre cable manufacturing plant in Poland, aiming to cater to growing demand in Europe and reach 70% export share in the next 4-5 years. The plant will have an initial...

SAIL's net profit fell 22% to Rs 423 crore in Q3 FY24, but output rose to 4.75 MT. The company also announced an interim dividend of Re 1 per share.

Union Minister Piyush Goyal outlines India's export strategy, targeting $2 trillion by 2030, with a focus on self-sufficiency and cost competitiveness. GIFT City is key to achieving this goal.

Kotak Mahindra Bank's arm invests Rs 375 crore in Cropnosys for business expansion, focusing on agrochemical manufacturing and product development.

The Aluminium Association of India (AAI) has urged the government to increase import duty on aluminium scrap to 10% to curb dumping and support domestic production.