Search result for 'value addition'

Govt to Set Up 100 Food Testing Labs, 50 Irradiation Centers

October 7, 2024 14:17

India's government plans to build 100 food testing labs and 50 food irradiation centers to boost processing and ensure quality. The initiative aims to enhance food safety and promote India as a...

Mustard Oil: A Culinary & Health Staple in India

October 7, 2024 13:54

Explore the versatility of mustard oil, from its use in traditional Indian cooking to its health benefits. Learn why it's a popular choice for chefs and home cooks alike.

E-comm Discounts: Grey Market, Tax Losses - CAIT, AIMRA

October 1, 2024 20:09

CAIT and AIMRA accuse Flipkart, Amazon of predatory pricing, creating a grey market for mobile phones, leading to tax losses for India.

TASL Signs Deal for Wheeled Armored Platform in Morocco

September 30, 2024 17:31

Tata Advanced Systems Limited (TASL) partners with Morocco's Royal Armed Forces to produce wheeled armored platforms in Casablanca, marking a significant step in the country's defense industry...

Agri Startups Training: Chouhan Calls for Well-Researched Modules

September 28, 2024 19:59

Agriculture Minister Shivraj Singh Chouhan emphasizes the importance of training for agri startups in India, calling for well-researched training modules and curriculum.

Assam's Purabi Dairy Launches Flavored Milk

September 28, 2024 16:48

Assam's Purabi dairy expands its market with the launch of long shelf-life flavored milk, becoming the first in the North East to offer this product. The new flavors include mango, strawberry, and...

Thomson Launches Soundbars in India: Aims for 10% Market Share

September 19, 2024 13:44

Thomson, through licensee SPPL, enters Indian audio market with soundbars, aiming for 10% market share. The company plans to expand its audio offerings with more soundbars and speaker products.

India's EV Charging Infrastructure: Kumaraswamy on PM E-DRIVE

September 18, 2024 22:29

India will ensure sufficient charging infrastructure for mass electric vehicle adoption, says Union Minister Kumaraswamy, outlining the PM E-DRIVE scheme's incentives and goals.

India Insists on Strict 'Rules of Origin' in Auto Sector for UK Trade Deal

September 10, 2024 19:15

India is pushing for stringent 'Rules of Origin' in the auto sector as part of its free trade agreement (FTA) negotiations with the UK, ensuring a level playing field and protecting the domestic...

AgriSure Fund Launched: Rs 750 Cr for Agritech Startups

September 3, 2024 19:14

Union Agriculture Minister Chouhan launches Rs 750 crore AgriSure fund to support agritech startups and boost investments in the farm sector.

Assam Govt Focuses on Tea Quality, Urges Industry Revival

August 31, 2024 21:32

Assam Chief Secretary calls for prioritizing quality over quantity in tea production, urging stakeholders to ensure safe and high-quality tea for economic well-being of tea growers and workers.

Odisha to be India's Growth Engine by 2047: Majhi

August 30, 2024 19:54

Odisha Chief Minister Majhi envisions the state becoming a growth engine of India by 2047, driven by industrialization and economic growth. The state aims to attract investments in key sectors like...

Sensex, Nifty Up Amid Volatility Ahead of Fed Speech

August 23, 2024 17:41

Indian stock markets edged higher despite volatile trading, driven by blue-chip gains and anticipation of Fed Chair Powell's Jackson Hole speech.

India-Africa Trade Target: USD 200 Billion in 7 Years - Goyal

August 21, 2024 17:29

India and Africa aim to double their bilateral trade to USD 200 billion in the next seven years, focusing on sectors like agriculture, pharmaceuticals, and renewable energy. Commerce Minister...

India-UAE FTA: GTRI Calls for Duty Cuts Withdrawal on Gold, Silver, Diamonds

August 16, 2024 11:42

GTRI recommends India reconsider duty concessions on gold, silver, diamonds, and platinum under the India-UAE FTA, citing concerns over domestic industry impact and potential misuse.

India Seeks Review of UAE Trade Deal: Concerns Over Precious Metal Imports

August 14, 2024 19:57

India is seeking a review of its free trade agreement with the UAE, raising concerns about rising precious metal imports and potential revenue losses. Experts have highlighted concerns about tariff...

Senco Gold Q1 Net Profit Up 85%, Customs Duty Cut Impacts Inventory

August 13, 2024 17:08

Senco Gold Ltd reported a net profit of Rs 51.27 crore for Q1 FY24, up 85.4%. Revenue grew 7.5% YoY to Rs 1,403.89 crore. Customs duty reduction on gold impacts inventory valuation.

India Aims for USD 1 Trillion Exports by 2030: Report Highlights Key Factors

August 9, 2024 19:05

A new report outlines strategies to achieve India's USD 1 trillion export target by 2030, emphasizing robust ecosystem development, value addition, market diversification, and trade policy...

India's EV Policy Unfit for JLR: Tata Motors CFO

August 1, 2024 19:32

Tata Motors Group CFO says India's new EV policy is not suitable for JLR at present, citing lack of fit for the company's current strategy. JLR is focused on localizing production in India and...

BRICS Trade Ministers' Meeting: Global Supply Chain Resilience at Risk

July 31, 2024 00:52

South Africa's Deputy Minister for Trade, Industry and Competition warns of global supply chain risks due to geopolitical fragmentation at the 14th BRICS Trade Ministers' Meeting.

Govt to Buy All Masur, Urad & Tur Dal From Farmers: Agriculture Minister

July 26, 2024 17:46

India's Agriculture Minister announces government will procure entire production of tur, urad, and masur dal from farmers, supporting MSP and farmers

India's Economic Growth: 'Inspiring Lighthouse' Amid Global Turbulence - ITC CMD Puri

July 26, 2024 12:24

ITC CMD Sanjiv Puri highlights India's strong economic growth amidst global challenges, citing its 'inspiring lighthouse' status and potential to contribute significantly to global GDP growth in...

Auto Component Industry Turnover Up 10% in FY24: ACMA

July 25, 2024 16:50

India's auto component industry grew by 9.8% to Rs 6.14 lakh crore in FY24, driven by domestic and export growth, as per ACMA. The industry saw a trade surplus of USD 300 million.

Govt Proposes Self-Declaration for Proof of Origin under Customs Law

July 24, 2024 22:18

India's government proposes self-certification for proof of origin under customs law, streamlining FTA duty concessions and promoting ease of doing business.

Gold Import Duty Cut: CBIC Explains Impact on Smuggling & Exports

July 24, 2024 19:27

India's import duty on gold has been slashed to 6% from 15%, aiming to curb smuggling and boost gem & jewellery exports. CBIC Chairman explains the rationale behind the move.

FDI & Tax Cuts Boost Capital Inflows: Deloitte India

July 24, 2024 16:53

Deloitte India highlights how simplified FDI regulations and reduced corporate tax rates will significantly enhance capital inflows and encourage investment in startups.

Edible Oil Import Duties Unchanged: SEA Disappointed

July 24, 2024 15:35

The Solvent Extractors' Association of India (SEA) expressed disappointment over the lack of import duty hikes on cooking oils in the Union Budget, despite calls to support domestic production.

India Budget: Rs 6,900 Cr for Semiconductors, Duty Cuts on Electronics

July 23, 2024 22:35

India's budget allocates Rs 6,903 crore for semiconductor projects and reduces duties on electronic components, aiming to boost local manufacturing and chip production.

Gold Prices Crash by Rs 3,350 After Govt Cuts Duty

July 23, 2024 19:08

Gold prices in India plummeted by Rs 3,350 per 10 grams after the government reduced customs duty on gold and silver to 6%. Silver prices also nosedived by Rs 3,500.

Gold Import Duty Cut: Boosting Jewellery Exports & Startups

July 23, 2024 17:29

India's Budget 2024-25 cuts gold import duty to 6% to boost domestic manufacturing and jewellery exports, while also removing angel tax for startups.

Cancer Drug Customs Duty Exemption in India Budget 2024

July 23, 2024 14:08

India's 2024 budget proposes full customs duty exemption for 3 cancer drugs: Trastuzumab Deruxtecan, Osimertinib, and Durvalumab. The move aims to make cancer treatments more affordable.

India Cuts Customs Duty on Gold, Silver, Mobile Phones

July 23, 2024 13:50

India's Finance Minister Nirmala Sitharaman announced a reduction in customs duty on gold, silver, mobile phones, and other goods to boost domestic manufacturing and exports.

India's FY25 GDP to Surpass Forecast: Industry

July 22, 2024 18:01

Industry bodies are confident that India's GDP growth will exceed the Economic Survey's forecast, with potential for 8% growth. The survey highlights key areas for growth and reform.

India's Trade Deficit to Decline: Economic Survey

July 22, 2024 16:46

India's trade deficit is expected to decline further due to PLI schemes, increased exports, and free trade agreements. Economic Survey highlights challenges and opportunities for India's external...

India iPhone Production Surges: 14% Global Share in FY24 - Eco Survey

July 22, 2024 15:21

India's iPhone production hit 14% of global output in FY24, boosting electronics exports. The country's electronics export ranking rose to 24th in 2022 from 28th in 2018.

Farm Policy Re-orientation: CEA Nageswaran's Call

July 22, 2024 13:56

CEA Nageswaran advocates for a pan-India dialogue on agriculture, urging policy re-orientation despite subsidies, to address challenges like soil degradation and environmental pollution.

Food Processing Budget: Union Minister Chirag Paswan's Demands

July 21, 2024 15:01

Union Food Processing Minister Chirag Paswan emphasizes the need for increased budget allocation for food processing units, aiming to boost farmers' income and create jobs.

India Procurement Norms: Imported Items Excluded from Local Content

July 20, 2024 16:55

India's procurement norms have been amended to exclude imported items sourced locally and royalties from local content calculation. This move aims to promote 'Make in India' and encourage domestic...

India Aims USD 500 Billion Electronics Manufacturing by 2030: NITI Aayog

July 18, 2024 20:00

NITI Aayog sets ambitious target for India's electronics manufacturing, aiming for USD 500 billion by 2030, creating 6 million jobs and boosting domestic value addition.

India-UAE Trade Pact: GTRI Raises Concerns Over Precious Metal Imports

July 16, 2024 14:58

GTRI expresses concerns about increased precious metal imports from UAE under the India-UAE CEPA, highlighting potential revenue loss and impact on domestic jewellery industry.

Budget 2024: KPMG Calls for Doubling Standard Deduction

July 14, 2024 17:32

KPMG expects the Indian Budget 2024-25 to include a doubled standard deduction, increased tax breaks on housing loans, and a streamlined capital gains tax regime.

Chhattisgarh Seeks Special Grants from Finance Commission

July 11, 2024 23:38

Chhattisgarh Chief Minister seeks special central grants citing large tribal population, challenging geography, and Naxal activities. The state aims to double its GSDP in the next five years.

Himachal Pradesh Wins 'Best State in Food Processing' Award

July 11, 2024 18:11

Himachal Pradesh has been awarded the 'Best State in Food Processing Award-2024' for its exceptional work in the food processing sector, impacting millions of farmers and the rural population.

Auto Component Industry Growth Forecast: ICRA

July 11, 2024 14:34

ICRA projects moderate growth for the Indian auto component industry in FY2025, despite challenges from the Red Sea crisis and higher container rates. Learn more about the industry's outlook and...

Electronics Component Manufacturing: Huge MSME Opportunity - IT Secretary

July 10, 2024 16:43

India's IT Secretary highlights the immense potential for MSMEs in electronics component manufacturing, emphasizing the need for their success and Meity's support in promoting a robust ecosystem.

Xiaomi Targets 700 Million Device Shipments in India by 2034

July 8, 2024 22:06

Xiaomi aims to double its device shipments in India to 700 million over the next 10 years, with plans to manufacture AI-based IoT devices locally. The company is also focused on increasing local...

SEZ Revival: Commerce Ministry Seeks Views on Measures

July 1, 2024 14:42

India's commerce ministry is seeking input on measures to revitalize SEZs, including flexible sales policies and streamlined approvals. The aim is to promote value addition and improve the...

India Economy Growth Outlook: ITC Report | FY2024-25

June 28, 2024 20:28

ITC's annual report highlights India's strong economic growth trajectory driven by fixed investments, private consumption, and a pickup in rural markets. Learn more about the key drivers and...

Electronic Components Demand to Surge 5x by 2030: CII Report

June 23, 2024 17:31

India's electronic component demand is projected to reach USD 240 billion by 2030, emphasizing the need for robust PLI schemes to boost local manufacturing, according to a CII report.

Gold, Silver Import Surge from UAE: GTRI Calls for Duty Revision

June 17, 2024 11:09

India's gold and silver imports from UAE surged 210% in 2023-24, prompting GTRI to call for duty revision in the India-UAE FTA to mitigate arbitrage and revenue loss.

India Budget 2024: Tax Rate & Law Suggestions Invited

June 14, 2024 15:00

India's Finance Ministry seeks industry input on tax rates, laws, and compliance reduction for the 2024-25 budget. Suggestions are due by June 17.

Pakistan Donkey Population Rises to 5.9 Million in 2023-24

June 12, 2024 11:45

Pakistan's donkey population reached 5.9 million in FY 2023-24, an increase of 1.72%. The population has been steadily increasing over the past five years, making donkeys a vital part of the rural...

India's SEZ Exports Rise 4% to USD 163.69 Billion in 2023-24

June 11, 2024 15:38

India's special economic zones (SEZs) saw exports rise 4% to USD 163.69 billion in 2023-24, driven by a flexible framework and streamlined approval processes.

Agri R&D: Rs 13 Return for Every Re 1 Invested - NAAS Chief

June 5, 2024 15:57

NAAS President Himanshu Pathak calls for a revamp in India's agricultural research system, highlighting the high return on R&D investment and emphasizing the need for sustainable, globally...

India's New EV Policy: Stakeholders Meeting & Tesla's Interest

May 20, 2024 19:39

India's Ministry of Heavy Industries will hold a second stakeholders meeting to finalize guidelines for the new EV policy, which aims to attract global automakers like Tesla. The policy...

FDI Norms Eased in India: Space Sector, More Liberalization Expected

May 18, 2024 14:49

India's DPIIT Secretary highlights relaxed FDI norms in the space sector and potential for further liberalization under the new government, emphasizing the country's commitment to attracting...

India's EV Policy Attracts Global Companies: DPIIT Secy

May 18, 2024 13:47

India expects strong response from global automakers on its EV policy, offering tariff incentives for manufacturing. The policy aims to attract major players like Tesla and boost domestic production.

India's EV Policy: Detailed Guidelines & Investment Incentives

May 17, 2024 17:46

India's government is finalizing detailed guidelines for companies investing in electric vehicles, including import licenses, investment commitments, and duty concessions. The policy aims to...

India Needs Manufacturing Growth: Sitharaman

May 17, 2024 12:43

Finance Minister Nirmala Sitharaman stresses India's need to ramp up manufacturing, become 'Atmanirbhar', and achieve greater sophistication in production.

FICCI & IESA Partner to Boost India's Semiconductor Industry

May 15, 2024 16:21

FICCI and IESA sign MoU to promote innovation, strengthen supply chains, and attract investments in India's semiconductor and electronics sector.

Macrotech Developers to Invest Rs 3,500 cr in Land Acquisition

May 14, 2024 15:23

Macrotech Developers, known for Lodha brand, will invest Rs 3,500-4,000 crore this fiscal to acquire land for new housing projects, driven by a surge in demand. The company plans to launch 17...

AI Startup by Ex-Tech Mahindra Head: Rs 80 Cr Investment

April 28, 2024 18:10

Former Tech Mahindra India business head Jagdish Mitra launches an AI startup with an initial investment of Rs 65-80 crore. The startup will focus on manufacturing, retail, and sportstech, aiming...

AI Startup Launched by Ex-Tech Mahindra Head: Rs 80 Cr Investment

April 28, 2024 16:30

Former Tech Mahindra India business head Jagdish Mitra launches AI startup with initial investment of Rs 65-80 crore. Focus on manufacturing, retail, and sportstech.

Vedanta to Benefit from Rising Commodity Prices: Analysts

April 28, 2024 14:36

Vedanta Ltd. is expected to benefit from rising commodity prices, with analysts highlighting strong cash flows and a demerger strategy. The company is well-positioned for growth in aluminum, power,...

Drone Regulations: India to Differentiate Civilian & Industrial Use

April 16, 2024 13:11

India's civil aviation ministry plans to create separate drone regulations for civilian and industrial use, promoting indigenous drone development and advanced air mobility.

Ola Electric Receives PLI Automotive Certificate

March 4, 2024 18:03

Ola Electric Technologies has been awarded the PLI-Automotive Certificate by ICAT, allowing them to avail incentives under the PLI scheme for their Ola S1 Pro Gen2 electric scooter.

India-UAE Trade Target: USD 100 Billion by 2030

March 3, 2024 11:34

India and UAE aim for USD 100 billion non-oil trade by 2030, driven by the free trade agreement and opportunities in textiles, jewellery, pharma, and more.

Congress Attacks Govt on 'Make in India' Failure, Cites Job Loss & Unused Funds

March 2, 2024 12:05

Congress leader Mallikarjun Kharge accuses the Modi government of failing 'Make in India' due to job losses and under-utilisation of funds. He highlights the decline in manufacturing growth and...

Lift Export Ban on De-oiled Rice Bran: SEA Urges Govt

March 1, 2024 18:50

The Solvent Extractors Association of India (SEA) has urged the government to lift the export ban on De-oiled Rice Bran (DORB), arguing that it hasn't reduced milk prices but has negatively...

Pernod Ricard to Build Malt Distillery in Maharashtra

February 23, 2024 21:48

Pernod Ricard India and the Maharashtra government have signed an agreement for a malt spirit distillery in Butibori, creating jobs and boosting barley production.

Toyota Kirloskar Auto Parts Avail PLI Scheme Incentives

February 23, 2024 21:02

Toyota Kirloskar Auto Parts is now eligible for PLI scheme incentives for advanced automotive technology products, including xEV Transaxle (e-Drive).

Indian Drone Maker Enters US Market: IdeaForge CEO Interview

February 23, 2024 11:57

IdeaForge, a leading Indian drone manufacturer, is entering the US market with its unique drones built for harsh environments. CEO Ankit Mehta discusses the company's success and the Indian drone...

India's Digital Public Infra Boosts GDP, To Triple by 2030 - Nasscom

February 21, 2024 20:17

Digital public infrastructure like Aadhaar, UPI and FASTag contributed 0.9% to India's GDP in 2022 and is expected to triple by 2030, according to a Nasscom report.

Critical Minerals: India Needs Tech, Infrastructure, Incentives - GTRI

February 19, 2024 11:44

India needs to invest in technology, infrastructure, and fiscal incentives to develop its critical mineral sector, which is crucial for high-tech and renewable energy technologies, says GTRI report.

India's New Electronics Component Incentive Scheme

February 13, 2024 20:00

India's Ministry of Electronics and IT is developing a component-linked incentive scheme to encourage local electronics production, including semiconductors and components. The scheme aims to make...

Startups Key to Food Processing Growth: Union Minister

February 13, 2024 18:55

Union Minister Pashupati Kumar Paras highlights the crucial role of startups in boosting the food processing sector, emphasizing government support for entrepreneurs. The SUFALAM conclave aims to...

Auto Component Industry Growth to Moderate in FY25: Report

February 13, 2024 16:50

Icra forecasts auto component industry revenue growth to slow to 5-7% in FY25 due to moderated domestic volumes and weak exports. Capex is expected to remain high, driven by EV components, new...

SAIL Q3 Profit Down 22%, Output Up: Steel Maker Reports Results

February 12, 2024 20:54

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.

Red Sea Disruptions: Freight Costs to Rise 25-30% - Ind-Ra Report

February 9, 2024 17:02

Disruptions in the Red Sea route are expected to increase freight and forwarding costs by 25-30%, impacting Indian businesses, particularly in sectors like agriculture, textiles, and iron & steel....

HP Shiva Project Transforms Bagehra Village - Himachal Pradesh

February 9, 2024 13:56

Himachal Pradesh's HP Shiva project revitalizes Bagehra village with guava orchards, boosting income for farmers and transforming barren land. Learn about the project's impact and benefits.

HP Shiva Project Transforms Bagehra Village: Guava Orchards Thrive

February 9, 2024 11:45

The HP Shiva project has brought a major transformation to Bagehra village in Himachal Pradesh, with thousands of guava saplings planted on barren land, creating thriving orchards and boosting...

Rs 6,000 Crore Fishery Scheme Approved, FIDF Extended

February 8, 2024 21:57

India's Cabinet approves a Rs 6,000 crore scheme for fisheries formalization and extends the Fisheries Infrastructure Development Fund for another 3 years.

Lenovo to Expand Laptop Exports from India in 2 Years

February 7, 2024 21:32

Lenovo plans to increase production capacity for Motorola phones and laptops in India, with exports expected to begin within 1-2 years. The company also plans to manufacture servers locally.

PLI Scheme for White Goods: No Delay in Disbursement - DPIIT

February 7, 2024 21:09

The Department for Promotion of Industry and Internal Trade (DPIIT) clarifies that there is no delay in disbursing incentives under the PLI scheme for white goods. Applications are currently under...

PLI Scheme: Kickstart for Indian Manufacturing, Competition is Key - Goyal

February 3, 2024 21:18

Commerce Minister Goyal emphasizes the PLI scheme as a boost for Indian manufacturing, but stresses that ultimately, competition will drive growth. The government aims to make India a global...

PLI Scheme: Kickstart for Competition, Says Goyal

February 3, 2024 20:31

Commerce Minister Piyush Goyal emphasizes the Production-Linked Incentive (PLI) scheme as an initial boost for Indian industries, highlighting the importance of future competition for growth. The...

PLI Scheme: Kickstart for Industry, Competition Key - Goyal

February 3, 2024 14:51

India's PLI scheme is a temporary boost, says Commerce Minister Goyal, emphasizing competition as key to industry growth. Stakeholders discuss scheme implementation and future strategy.

India's Edible Oil Self-Reliance Plan: Interim Budget Highlights

February 1, 2024 20:44

India's interim budget outlines plans for edible oil self-reliance, dairy sector support, and increased food processing. Learn about the key initiatives announced.

India Aims for Cooking Oil Self-Reliance: SEA Welcomes Plan

February 1, 2024 15:02

The Solvent Extractors' Association of India (SEA) welcomes the government's 'Atmanirbhar Oil Seeds Abhiyan' aimed at reducing India's reliance on imported cooking oils. The plan focuses on...

India Aims for Edible Oil Self-Reliance: Interim Budget Highlights

February 1, 2024 14:01

India's interim budget focuses on agricultural self-reliance, with plans to boost domestic edible oil production and support dairy farmers. The budget also promotes food processing and investment...

India to Boost Milk & Dairy Production: FM Announces Plans

February 1, 2024 11:51

Finance Minister Nirmala Sitharaman announced plans to increase milk & dairy production in India, aiming to boost productivity and achieve self-reliance in oilseeds.

Mobile Phone Import Duty Cut: Smartphone Prices to Drop 3-5% | India News

January 31, 2024 19:54

India's import duty cut on mobile phone components is expected to lower smartphone prices by 3-5%. Experts say the move aims to boost local production and exports, making devices more affordable.

Branding Key for Small Tea Growers in India

January 30, 2024 10:09

Small tea growers in India face challenges with quality and low prices. Branding is seen as crucial for improving their income and livelihoods. Learn how branding and value addition are helping...

PLI Scheme Boosts Air Conditioner Industry: Panasonic

January 28, 2024 12:12

Panasonic Life Solutions India highlights the success of the PLI scheme for air-conditioners, increasing domestic value addition to 45% within 18 months.

Govt Should Not Cut Import Duties on Smartphone Parts: GTRI

January 22, 2024 13:09

The Global Trade Research Initiative (GTRI) says India should not cut import duties on smartphone parts in the upcoming Budget as it could harm local manufacturing. The report highlights the...

Kerala to Launch Single-Window System for Plantation Sector

January 20, 2024 20:49

Kerala Law Minister P Rajeeve announces a single-window system to expedite repurposing of plantation land. The system will come into effect in 2024-25.

Global Leaders Commit to India Growth at WEF

January 18, 2024 21:26

Global business leaders, including Coca-Cola, Mitsubishi, and Volvo, have expressed strong commitment to the Indian market during meetings with DPIIT Secretary Rajesh Kumar Singh at the World...

Ola Electric Receives PLI Certification for Domestic Value Addition

January 17, 2024 17:48

Ola Electric has received a domestic value addition certificate under India's auto PLI scheme, becoming the first Indian two-wheeler company to achieve this milestone. This certification recognizes...

Mobile Phone Duty Cut to Boost Production, Exports: ICEA

January 10, 2024 20:44

India Cellular and Electronics Association (ICEA) says import duty cut on mobile phone components can increase domestic production to USD 82 billion by 2027 and boost exports.

India-EFTA FTA: Trade Deficit, Swiss Tariffs Limit Gains

January 8, 2024 12:28

India's trade deficit with Switzerland and its tariff removal on industrial goods could limit benefits from the proposed India-EFTA free trade agreement, impacting Indian exports and widening the...

Goyal: Govt to Expand ECGC Cover for Gems & Jewellery

January 4, 2024 18:36

India's Commerce Minister Piyush Goyal announced plans to expand ECGC cover for gem & jewellery exporters, aiming to boost the sector and position India as a global leader. The government is also...

Marine Fisheries Workshop: Centre & States Unite

January 3, 2024 20:03

NITI Aayog to host a workshop on harnessing the potential of India's marine fisheries, bringing together the Centre and coastal states to discuss challenges and develop strategies.

Amber Group Acquires Majority Stake in PCB Maker Ascent Circuit

January 3, 2024 18:03

Amber Group, a homegrown contract manufacturer, will acquire a majority stake in Ascent Circuit, a leading PCB manufacturer for aerospace and defense industries.

India's Electronics Manufacturing to Reach USD 115 Billion in 2024

December 31, 2023 16:34

India's electronics manufacturing sector is poised for significant growth, driven by increased local value addition and a focus on component production. The sector is expected to reach USD 115...

PLI Schemes Attract Over Rs 95,000 Cr Investment

December 26, 2023 18:24

India's production-linked incentive (PLI) schemes have attracted over Rs 95,000 crore in investment across 14 sectors, boosting manufacturing and exports.

India's PLI Schemes: 746 Applications Approved, Rs 95,000 Crore Investment

December 26, 2023 13:20

India's Production Linked Incentive (PLI) schemes for 14 sectors have seen 746 applications approved, generating over Rs 95,000 crore investment and 6.4 lakh jobs. Learn more about the scheme's...

Gujarat Industrial Policy: Making State a Global Business Hub

December 25, 2023 13:42

Gujarat's industrial policy, aiming to provide Rs 40,000 crore in subsidies, reflects commitment to making the state a global business hub. Learn about incentives, focus on MSMEs, and more.

India Aims for Value Chain Uplift in Electronics Manufacturing - MeitY Secy

December 19, 2023 17:23

India's Ministry of Electronics and Information Technology (MeitY) aims to increase value addition in electronics component manufacturing to boost the digital economy. The government is offering...

India's Rise as Product Nation: Focus on Design ''IP, Says IT Secretary

December 14, 2023 15:16

India's IT Secretary stresses the importance of design and IP creation for the country's rise as a product nation, citing Apple's iPhone as an example.

India Business News: Rupee Hits All-Time Low, Gold Falls - Dec 13

December 13, 2023 21:36

Get the latest business news from India including rupee's all-time low against the US dollar, gold price drop, and stock market updates. Read about IndiGo's new Ayodhya flight and more.

No Duty Concession on EV Imports: India Govt

December 13, 2023 18:07

India's government has ruled out duty concessions and exemptions on EV imports, rejecting Tesla's request for reduced import duties. The government emphasizes its focus on boosting domestic EV...

No EV Import Duty Subsidy in India: Govt

December 13, 2023 16:27

India's government clarifies that there is no proposal for subsidies on import duty for electric vehicles. This follows a question regarding potential exemptions for Tesla and other multinational...

Oman Air Launches Freighter Service from Hyderabad

December 13, 2023 15:31

Oman Air has launched its first freighter service from Hyderabad Airport, connecting the city to Muscat. The service will boost exports of pharmaceuticals, hatching eggs, fruits, and vegetables.

ITC FMCG Biz Grows 14% CAGR, Aashirvaad Hits Rs 8,000 Cr

December 12, 2023 22:29

ITC's FMCG business saw a 14% CAGR in the last 3 years, with Aashirvaad becoming an Rs 8,000 crore brand. Other brands like Sunfeast, Bingo, and Savlon also saw significant growth.

India Boosts Electronics Component Manufacturing: New Scheme in Works

December 11, 2023 13:28

India aims to boost electronics component manufacturing with a new scheme in works. MeitY Secretary outlines plans to enhance value addition and competitiveness.

Mobile Phone Value Addition Target: 40% - Meity Secretary

December 5, 2023 22:41

India aims to increase local value addition in mobile phone manufacturing to 40%, focusing on component manufacturing to boost the domestic ecosystem.

Apple Battery Vendor TDK to Set Up Plant in Haryana

December 4, 2023 18:46

Apple vendor TDK to invest Rs 6,000-7,000 crore in a lithium-ion battery plant in Haryana, creating thousands of jobs and boosting #MadeInIndia iPhones.

Dixon Technologies Revenue to Hit Rs 19,000 Cr This Fiscal

November 30, 2023 22:08

Electronics manufacturing services firm Dixon Technologies expects to close the current fiscal with a revenue of around Rs 19,000 crore, a senior company official said on Thursday. The company...

India to Become Major Component Exporter in 3-4 Years: Vaishnaw

November 30, 2023 20:45

India is developing its electronics components ecosystem and is poised to become a major exporter in the next 3-4 years, says Union Minister Ashwini Vaishnaw. The PLI scheme for mobile phones has...

India-Singapore FTA Review: GTRI Urges Joint Assessment

November 26, 2023 13:55

Think-tank GTRI recommends reviewing India's bilateral free trade agreements with Singapore and Asean together, highlighting the need to address specific trade sensitivities with each member country.

India-Singapore FTA & Asean Trade Pact Review: GTRI Insights

November 26, 2023 11:08

GTRI recommends a joint study of India's bilateral FTA with Singapore and its Asean trade pact during review. The think-tank also suggests similar analysis for Thailand's FTA.

Company Name
Price
Volume

Vodafone Idea L
9.43 (+ 2.84)
23416447

GTL Infrastructure
2.23 (+ 0.90)
22198347

Spicejet Ltd.
61.53 (+ 6.90)
12433704

Suzlon Energy Ltd.
71.84 (+ 1.21)
11438196

Jaiprakash Power Ven
18.33 ( -0.76)
9762537

Sensex, Nifty Flat After Firm Opening: Stock...

Indian stock markets opened strong on Tuesday, led by Sensex and Nifty gains, but...

Rupee Rises 6 Paise to 83.94 vs US Dollar - News

The Indian rupee gained 6 paise to 83.94 against the US dollar in early trade on...

Augustinus Bader Skincare & Haircare Launches...

Tira brings Augustinus Bader's luxury skincare and haircare to India, offering...

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