Manufacturing

GST Council took following decisions relating to changes in GST rates, ITC eligibility criteria, exemptions and clarifications on connected issues.

The latest tax rate cut will be a major boost to the animal spirits of corporate India and will reinvigorate the manufacturing sector which has been going through a difficult phase of late.

India needs more R&D, innovation and creation of cutting-edge technologies to become self-reliant in defence production, Defence Minister Rajnath Singh said.

HCL Technologies has secured a contract with Aperam, a global player in stainless, electrical and specialty steel which aims to significantly enhance its employees’ end-user experience, foster business-IT collaboration, and increase business efficiency globally.

San Diego’s Strategic Vision (SV) has opened its first office in Hyderabad as part of its global growth strategy. Strategic Vision India will be led by Ravindra Kondagunta through an exclusive agreement with Traction Labs, LLC, a Commercialization Agency specializing...

The government is planning to launch a National Logistics Policy to reduce trade costs, Commerce and Industry Minister Piyush Goyal said.

New Jersey Governor Philip D. Murphy has emphasised on the strong partnership between New Jersey and India to a gathering of over 60 industry leaders on 16 Sept 2019, kicking off a seven-day, six-city visit to India.

China’s Wuhuan Engineering Co Ltd has been awarded a Lump Sum Turn Key (LSTK) contract for Coal Gasification Plant PF Talcher Fertilizers Limited, Ministry of Chemicals and Fertilizers said on 18 Sept 2019.

A Rs.13,000 crore coal gasification plant to produce urea is being restarted by using technology from Air Products of the United States, the success of which will also reopen four other fertilizer plants.

The Government is committed to work towards achieving a US$26 billion Defence industry by 2025, Defence Minister Rajnath Singh said on 17 Sept 2019 in Delhi.