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DOMESTIC INDUSTRY
Silver dealers face overstocking fears as investment demand dries up after 40% price fallWith investment demand for silver dwindling, refiners and dealers are inundated with rising stockpiles. The precious metal’s prices have dr...
Hyundai Motor India targets No. 2 spot with new SUVs, higher production capacityHyundai Motor India plans to launch two new SUVs, including an electric model, to boost sales. The company is increasing production capacit...
India's auto component industry targets $200 bln turnover by FY30 amid rising risks: BCG-ACMAIndia's auto component sector aims for $200 billion turnover by FY30. Achieving this goal requires greater resilience against rising costs ...
India needs to build advanced tech capabilities, reduce import dependence: Hyundai CEO Tarun GargHyundai Motor India MD and CEO Tarun Garg urged India to develop advanced technology capabilities. He stated the nation must move beyond ma...
Auto PLI scheme draws Rs 45,477 crore investment, creates 67,000 jobs: Union Minister HD KumaraswamyThe auto PLI scheme has attracted Rs 45,477 crore investment and created over 67,000 jobs. Government enhanced electric two-wheeler scheme ...
Maruti Suzuki CEO flags global supply risks, calls for deeper localisation across automotive supply chainMaruti Suzuki's MD urged deeper localisation for India's manufacturing growth. Global supply chains are reconfiguring, creating opportuniti...
Auto industry must focus on design, domestic value addition for e-mobility transition: H D KumaraswamyUnion Minister H D Kumaraswamy urged the automotive industry to prioritize design and domestic value addition. He emphasized that India's e...
MSMEs must scale, innovate and go global to power India’s growth: Rajnath SinghRajnath Singh called on MSMEs to move beyond the domestic market and compete globally.
Semicon 2.0, ECMS & MPMS together can build end-to-end electronics value chain: ELCINAThe recently launched MPMS, with an outlay of Rs 62,500 crore, can further create demand and scale for these domestic inputs by promoting m...
Two-wheelers, passenger vehicles to drive 8-10% auto volume growth in FY27: ReportIndia's automotive sector anticipates robust growth in FY27, driven by two-wheelers and passenger vehicles. August 2026 saw double-digit vo...
Government eases import ban on high-tech electronicsElectronic companies can now import select high-value components temporarily. This move follows industry requests for imports until local p...
US tariffs, supply chain disruptions have opened new markets: Gujarat CMGujarat Chief Minister Bhupendra Patel views new trade agreements as beneficial for his state. He sees global supply chain disruptions as o...
India's construction equipment sector needs to cut its ₹45,000 cr import bill: KumaraswamyIndia's construction equipment sector aims to reduce import reliance. A new government scheme will boost domestic manufacturing of critical...
India’s passenger vehicle sales jump 35% to 4.5 lakh in August as Maruti, M&M drive growthPassenger vehicle sales in India soared by 35 percent in August, reflecting a thriving automotive market. Leading manufacturers such as Mar...
Industry cheers 7.8% Q1 GDP growth, economists see India’s momentum holdingIndia's first quarter GDP expansion reached 7.8 percent, exceeding market expectations. This growth reflects strong domestic economic activ...
Foreign buying in Indian stocks hits 23-month high in August, RBI data showsIn August, foreign investors channeled an impressive $3.1 billion into Indian equities, marking the largest monthly inflow in nearly two ye...
Over 40,000 reforms carried out in last decade for ease of business; Gujarat emerges as front-runner: DPIIT SecyState governments have implemented over 40,000 reforms in the past decade. Gujarat leads these efforts, enhancing the ease of doing busines...
Carbon pricing, emissions tracking key to protect India's exports under EU CBAM: CII ReportIndia must enhance carbon pricing and emissions tracking systems for exporters. The European Union's Carbon Border Adjustment Mechanism ent...
Plant-based protein market poised to reach Rs 9,000 cr in five years: Industry body PBFIAIndia's plant-based protein ingredient market is set to double to Rs 9,000 crore within five years. Consumers are shifting towards targeted...
Piyush Goyal urges Japanese firms to source steel from IndiaCommerce Minister Piyush Goyal asked Japanese companies to source steel from India. He questioned trade protection for firms not supporting...