Category: industry

Prime Minister Narendra Modi on Sunday said that cities like Pune in Maharashtra need to be made the centre of urban development to keep up with the pace of the growing population, but the lack of vision and planning during the previous regimes stalled development. The Prime Minister was virtually launching projects worth ₹11,200 crores in […]

Commerce and Industry Minister Piyush Goyal has proposed creating a new township dedicated to startups, aiming to establish a new Silicon Valley in India. The plan involves developing a 500-acre area to support entrepreneurs and innovators, with the National Industrial Corridor Development Corporation overseeing the project. Bengaluru is considered the Silicon Valley of India, but Commerce and Industry […]

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 […]

Those unhappy with industries moving to Gujarat should know that long term political stability and ‘double engine sarkar’ could trump incentives. The announcement by Kaynes Technology to build its chipmaking plant in Gujarat’s Sanand, instead of Telangana as planned earlier has set off a debate: is the Central Government favoring Gujarat over other states? “Prime […]

High base effect, onset of monsoon among reasons for moderation in overall output growth, say experts. Pulled down by a high base effect despite a strong show from coal and electricity sectors, the country’s eight core industries output growth slid to a 20-month low at 4% in June. This latest reading — seen by some economists […]

Shri Chandrakant Salunkhe, Founder & President of the SME Chamber of India and Maharashtra Industry Development Association, felicitates Shri Ramdas Athawale with flowers on his appointment as Minister of State for Social Justice & Empowerment, Government of India on 28th June 2024 at New Delhi

Ways to promote ease of doing business, Jan Vishwas 2.0, World Bank’s upcoming B-READY index, and the national single window system, were discussed at a meeting chaired by Department for Promotion of Industry and Internal Trade (DPIIT) Secretary, Rajesh Kumar Singh. Officials said that this is the first of such interactions with industry and other stakeholders. We have taken […]

Opinions divided among start-ups; some cite “error costs” of ex ante regulations. The Ministry of Electronics and Information Technology (MeitY) met with prominent think tanks to take their inputs on the draft Digital Competition Bill (DCB), and its impact on the domestic start-ups. The Ministry officials, including the MeitY secretary and members from the Competition […]

The Centre has changed a number of clauses in its model concession agreement to ease the market’s woes, but it remains to be seen whether these will be appreciated by the sector. India’s key infrastructure sectors – real estate, renewable energy and roads – are likely to see investments of Rs 15 trillion over the […]

New standards have led to increased production in electronics, toys, and textiles. The implementation of Quality Control Orders (QCOs) and Compulsory Registration Orders (CROs) has positively influenced the Indian economy by promoting local manufacturing and enhancing research and development expenditures, as per a trade policy think tank’s analysis. The 2012 CRO application on electronics and […]