MSMEs raise alarm over steel import duty hikes amid calls for more protection

This comes in the wake of assurances from Minister of Heavy Industries, HD Kumaraswamy and Commerce and Industry Minister, Piyush Goyal, during events organised by the Indian Steel Association (ISA), that steps would be taken to restrict Chinese steel imports to protect the domestic steel industry. As large steel producers push for protectionist measures citing […]

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India’s strategic leap: 12 new industrial parks to drive sustainable urbanization & manufacturing growth

India’s push for manufacturing-led urbanisation aims to boost economic growth and living standards. The government has approved 12 new industrial parks under the National Industrial Corridor Development Program, focusing on sustainable infrastructure and job creation. This initiative is crucial as over 500 million people are expected to settle in urban areas. Urbanisation and manufacturing have […]

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CGTMSE loan: Govt targets Rs. 5 lakh crores credit guarantees in 2 years

Under CGTMSE, the guarantee cover available for micro enterprises is up to 85% for loans up to Rs 5 lakhs, while for loans between Rs 5 lakhs and Rs 5 crores, the cover is up to Rs 75%. Rajneesh also noted the 5-crore Udyam registration milestone achieved last week as part of the Ministry’s drive […]

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Driving Innovation in Solar Panel Manufacturing

An Exclusive Interview with Khushboo Doshi, Managing Director of Rajoo Engineers Limited: In a bold and strategic move, Rajoo Engineers Limited, a renowned leader in the plastics extrusion machinery sector, has ventured into the renewable energy arena with a strong focus on solar cell manufacturing. As India aims to achieve an ambitious 450 GW of […]

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India’s FY24 GCC Count at 1.7k with $65 b. in Revenue

The number of Global Capability Centres (GCCs) set up in India, increased to around 1,700 in fiscal 2024, generating $64.6 billion in export revenue and employing over 1.9 million people, a new report has said, with the country expanding its dominance in this space even as GCCs emerge as critical nerve centres for multinational companies. […]

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Thailand to Launch Mandatory ETA for 93 Visa-Exempt Countries

Thailand is set to launch a new Electronic Travel Authorization (ETA) system for visa-exempt travelers. Starting from December 2024, visitors entering by air, land, or sea will need to obtain an ETA. The system aims to enhance security and streamline entry procedures, with confirmation typically issued within 24 hours. The Ministry of Foreign Affairs of […]

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