Business Industry

Government Revokes QCO On Polyester Fibre And Yarn

By BPN News Desk November 13, 2025

The Indian government has withdrawn the Quality Control Orders (QCOs) on polyester fibre and polyester yarn, reversing a mandate that previously required compulsory certification for both domestic manufacturers and importers. The decision follows sustained industry feedback that the QCOs were creating supply delays, higher compliance costs and operational challenges for

Industry

India’s rare earth potential high, focus shifts to processing capability

By Editor - News Desk November 8, 2025

India has been identified by World Energy Council Chairman Adnan Amin as having substantial potential to become a key player in the global supply chain for rare earth elements, provided it focuses on building up processing and refining capabilities. Amin pointed out that although these minerals are often labelled “rare earths”, they are “really not […]

Business Industry

Global Pulse Prices Drop to Record Lows

By BPN News Desk September 27, 2025

Global prices of major pulses have fallen sharply, with declines ranging from 5% to 20% over the past month. The drop is attributed to strong competition among major exporters. Exporters Compete for Market Share Canada, Australia, Russia, and several African countries are intensifying efforts to win buyers in world markets. New crops of peas and […]

Business Industry

India Makes Record Soy Oil Purchase From Argentina

By BPN News Desk September 26, 2025

India on Tuesday and Wednesday purchased 300,000 metric tons of soybean oil (soyoil) from Argentina—its largest ever two-day import. The deal follows Argentina’s move to suspend export duties on soy and related products. Duty Suspension Triggers Surge Argentina temporarily lifted taxes on soy, corn, wheat and derived goods, making their export prices more competitive. This

Business Industry

India’s Smartphone Exports Jump 39%

By BPN News Desk September 26, 2025

India’s smartphone exports in August 2025 rose by 39% compared to August 2024, reaching USD 1.53 billion. This growth was driven largely by strong international demand. U.S. Shipments Double Exports to the United States more than doubled, climbing to USD 965 million from USD 388 million a year ago—a 148% increase. This highlights the U.S. […]

Business Industry

Centre Warns Iron Ore Exporters of Duty or Ban

By BPN News Desk September 15, 2025

The Indian government has directed iron ore miners and exporters to increase production and cut domestic prices by half or face the possibility of an export duty or even a complete export ban starting 2 October 2025. The move comes after rising ore prices created difficulties for domestic steelmakers. Possible Export Duty The Finance Ministry […]

Business Industry

BYD Senior Executives Set To Visit India Soon

By BPN News Desk September 10, 2025

Chinese electric vehicle maker BYD will send senior executives—including its India Managing Director, Ketsu Zhang—to India in the coming months. The delegation aims to review operations and relaunch training programs following improved diplomatic ties between India and China. Context Of Improved Relations This planned visit follows a visible thaw in India–China relations

Business Industry

India Unveils First Indigenous Chip at Semicon India 2025

By BPN News Desk September 2, 2025

At the Semicon India 2025 summit in New Delhi, Prime Minister Narendra Modi described semiconductors as the “digital diamonds” of the 21st century. He said these chips, though small, are powerful engines of global innovation and economic growth. Modi added that “India’s smallest chip will drive the world’s biggest change,” underscoring India’s rising role in […]

Business Industry

India to Bridge Semiconductor Talent Gap

By BPN News Desk August 30, 2025

Electronics and IT Minister Ashwini Vaishnaw has warned that the world may face a shortage of one million semiconductor professionals by 2030. He said India’s Semiconductor Mission offers a major opportunity to fill a large share of this talent gap. Pilot Line Opens in Gujarat Speaking at the inauguration of CG Power’s OSAT (Outsourced Semiconductor […]

Business Industry

US Tariffs Halt Production in India’s Export Hubs

By BPN News Desk August 27, 2025

The sharp rise in U.S. import duties has forced textile and apparel units in Tirupur, Noida, and Surat to halt operations. The new 50% tariffs on Indian goods have severely undercut their cost competitiveness, leaving exporters unable to keep production lines running. Exporters Warn of Huge Disadvantages The Federation of Indian Export Organisations (FIEO) said […]