Manufacturing

The Government is planning to invest around Rs.100 lakhs crore in logistics infrastructure in the next 5 years, Minister of State for Commerce and Industry Som Parkash said.

Domestic and global factors have led to the marginal 0.34% decline in November exports, noted FIEO President Sharad Kumar Saraf. November exports totalled US$25.98 billion.

Los Angeles’ Flowerkist Incorporated has entered into a proprietary agreement with Delhi-headquartered Dabur Research Foundation (DRF) to develop and launch a wide range of 100% hemp-based CBD infused topical products with its patent-pending “Rapid Penetration Technology™”.

A New Shipbuilding Financial Assistance policy has been in place since 9 Dec 2015 for assisting Indian shipyards’ shipbuilding contracts signed during 2016-2026, parliament was told on 12 Dec 2019.

Indian technical textile market is estimated to cross Rs.2 lakh crores by the year 2020-21 as its use become mandatory in many formats, Minister of Textiles, Smriti Zubin Irani, told Rajya Sabha on 12 Dec 2019.

The Cabinet  has approved for signing the Memorandum of Cooperation (MoC) to constitute the ‘India-Japan Steel Dialogue’ to strengthen cooperation in steel sector and coal MoU.

The Indian Renewable Energy Development Agency (IREDA) is planning to set up a dedicated “Green Window to serve the unserved segments of renewable energy”, New and Renewable Energy Ministry Secretary Anand Kumar said on 11 Dec 2019.

Readymade garments, leather goods, processed foods and engineering products like auto components are among the products that enjoy tariff concessions from Japan, South Korea and Some of the ASEAN Countries, Commerce and Industry Minister Piyush Goyal has told Lok Sabha...

Austin-based Green Revolution Cooling (GRC), the leader in immersion cooling for data centers, is increasing operations in the Asian market with the opening of offices in New Delhi on 1 January 2020.

In a move to attract investments, the Goods and Services Tax has been reduced to 5% on electric vehicles (EVS) from 12% and 28% with 22% cess for conventional vehicles.