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India Emerges as the Fastest-Growing Premium Smartphone Market Globally in 2023

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India has secured its position as the fastest-growing premium smartphone market globally in 2023, according to a recent report by industry tracker Counterpoint. The...
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MHI Allocates Rs. 250 Cr for ‘Enhancement of Competitiveness in the Indian Capital Goods Sector – Phase 2’ scheme in 2023-24 FY

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The Ministry of Heavy Industries (MHI) is set to drive innovation and sustainability with the implementation of the ambitious 'Enhancement of Competitiveness in the...
Manufacturing

Ministry of Heavy Industries Drives Electric Mobility Revolution with Substantial Subsidies and Incentives

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The Ministry of Heavy Industries (MHI) is accelerating the adoption of electric vehicles (EVs) in India through its robust initiatives and substantial financial support....
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Chennai Petroleum Corporation Takes Swift Action to Address Oil Slick in Ennore Creek Following Cyclone Michaung

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Cyclone Michaung, which brought 36 hours of incessant rain starting from December 3, 2023, led to severe flooding in Chennai. The unprecedented flooding caused...
Manufacturing

India’s Mobile Phone Manufacturing Hits $50 Billion, Eyes Top Spots in Global Exports

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India's mobile phone manufacturing sector is on track to reach a remarkable value of US$ 50 billion in the current fiscal year, with exports...
Manufacturing

Micron’s Semiconductor Unit in Gujarat Gains Momentum with Government Support

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In a significant stride towards bolstering India's semiconductor manufacturing capabilities, Micron's proposal for a state-of-the-art semiconductor unit in Sanand, Gujarat, received approval from the...
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Government e-Marketplace Achieves ₹2 Lakh Crore Gross Merchandise Value in Under 8 Months of FY 2023-24

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In an impressive feat, the Government e-Marketplace (GeM) has achieved a noteworthy milestone by exceeding ₹2 Lakh Crore in Gross Merchandise Value (GMV) in...
News

DAY-NRLM, SIDBI Join Forces to Empower Women Entrepreneurs Through Innovative Financial Initiatives

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The Ministry of Rural Development's Deendayal Antyodaya Yojana - National Rural Livelihood Mission (DAY-NRLM) and the Small Industries Development Bank of India (SIDBI) have...
Manufacturing

India’s Construction Equipment Sales Surge by 31% in the 2nd Quarter, Led by Robust Domestic Demand & Export Growth: Reports

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As per a recent report, the sales of construction equipment in India surged by 31%, reaching 30,078 units in the second quarter of the...
Manufacturing

India’s Consumer Goods Market Outshines Rest of Asia-Pacific, Global Brands Report Robust Growth in the Region

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As per the management commentary issued by multiple leading global consumer goods companies following their earnings, the Indian market exhibited superior performance in the...
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