Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/work-towards-more-localisation-or-we-will-think-of-increasing-import-duty-nitin-gadkari-to-auto-industry/articleshow/81204754.cmsSynopsis “I am requesting to [Sic.] auto manufacturing companies to take it (localisation) very seriously. Otherwise, for import of components we will think on
Category: Industry
TV makers jump on PLI bandwagon as more AC companies evince interest | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tv-makers-jump-on-pli-bandwagon-as-more-ac-companies-evince-interest-121021501406_1.html Apart from offering inducement to any incremental production over the next five years, the scheme has the potential to transform the manufacturing landscape
Air conditioners manufacturers commit to export target of 50% of sales | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/air-conditioners-manufacturers-commit-to-export-target-of-50-of-sales-121022401718_1.html As part of the announcement, the Centre has earmarked over Rs 1.46 trillion for 10 sectors under the scheme. Currently, India has a
More women in shop-floor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/more-women-in-shop-floor/article33925984.ece The electronics sector can show the way Electronics units have always focussed on empowering women. With the government giving a big push to
What lies ahead for India’s solar sector? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/privacy-whose-business-is-it-anyway/article33925981.ece WhatsApp’s PR gaffe has led to some migration to Telegram and Signal – Reuters WhatsApp’s PR gaffe has led to some migration to
Stainless steel MSMEs will be on the verge of bankruptcy due to excessive import dumping from China, Indonesia: ISSDA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/stainless-steel-msmes-will-be-on-the-verge-of-bankruptcy-due-to-excessive-import-dumping-from-china-indonesia-issda/articleshow/81212911.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government reversed six trade remedies out of which three relate to stainless steel, which is just 3% of the overall steel industry
Cabinet to approve PLI scheme for electronics, medical devices–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/current/economy-politics/cabinet-likely-to-approve-pli-scheme-for-laptops-tablets-medical-devices-today/story/432180.html PLI scheme for electronic gadgets could entail an investment of over Rs 7,000 crore. Companies setting up manufacturing units in India are likely
Industrial Code 2020: Parliament should fill the gaps, else courts will have to | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/industrial-code-2020-parliament-should-fill-the-gaps-else-courts-will-have-to-954590.htmlParliament building in Delhi. Credit: PTI File Photo The Industrial Relations Code 2020 is being promoted by the government as a bill that will
After shortage of semiconductors, another big headache waits automakers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/after-shortage-of-semiconductors-another-big-headache-waits-automakers/articleshow/81192833.cmsSynopsis The combination of supply shortages and surging demand has put pressure on prices with overall chip prices going up by 4-6% in 2021,
Ventilator companies scramble for other ways to utilise capacities | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ventilator-companies-scramble-for-other-ways-to-utilise-capacities-121022400063_1.html Doctors are now shifting treatment protocol for Covid-19 at hospitals and invasive ventilation is not being preferred From a mere 300 ventilators per
Overcoming the challenges in the health insurance sector – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/our-money-overcoming-the-challenges-in-the-health-insurance-sector/2200538/ Digital health is here to stay as we are likely to see a rise in telemedicine and online video consult services along with
Holding back: What it would take for India’s healthtech sector to churn out its first unicorn startup – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/holding-back-what-it-would-take-for-indias-healthtech-sector-to-churn-out-its-first-unicorn-startup/2200551/ Healthcare startups need to first gain trust in the first five years of their business operations, go deeper in terms of geographical expansion
Indian pharma firms go local seeking to end reliance on China | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/indian-pharma-firms-go-local-seeking-to-end-reliance-on-china-954457.htmlRepresentative image. Credit: iStock Photo Indian drug companies are looking to local makers of so-called active pharmaceutical ingredients (API) or trying to make them
Spurred by stamp duty cut, uptick in property sales in Pune continues – The Financial Express
Clipped from: https://www.financialexpress.com/money/spurred-by-stamp-duty-cut-uptick-in-property-sales-in-pune-continues/2199790/ Larger developers have lined up project launches in the last two months to make the best of this run. The number of registrations
Amara Raja begins work on lithium-ion cells, sets up research hub at Tirupati – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/amara-raja-begins-work-on-lithium-ion-cells-sets-up-research-hub-at-tirupati/articleshow/81137280.cmsSynopsis Amara Raja Batteries, the country’s second-largest automotive battery maker, has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati
Four reasons why pharma stocks could fall out of favour as Covid recedes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/four-reasons-why-pharma-stocks-could-fall-out-of-favour-as-covid-recedes/articleshow/81156481.cms SynopsisThe sector that had peaked out on the bourses in 2015 saw buying interest due to the focus on healthcare. However, the interest
Government yet to specify framework of old vehicle scrappage policy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/clean-tech/government-yet-to-specify-framework-of-old-vehicle-scrappage-policy/article33894077.ece The government is yet to specify the framework of its recently announced old vehicle scrappage policy Nagesh Kumar, a 59-year-old employee at a
Taxing e-commerce – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/equalisation-levy-should-stay-but-clarity-is-needed-on-some-grey-areas/article33895976.ece?homepage=true Equalisation levy should stay, but clarity is needed on some grey areas The vociferous criticism of the changes proposed to the equalisation levy
PSB privatisation: NPA hive-off, staff transfers being considered – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/psb-privatisation-npa-hive-off-staff-transfers-being-considered/articleshow/81140877.cmsSynopsis The government is likely to consider only banks that were not part of the recent consolidation, which would exclude Punjab National Bank, Bank
The case for making India a hub for semiconductor manufacturing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/chips-are-down-the-case-for-making-india-a-hub-for-semiconductor-manufacturing/articleshow/81128504.cms Synopsis–As these chips are now an integral part of almost all gadgets and equipment, the ripple effect has affected electronics, consumer durables and
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