Business Industry
Prime Minister Narendra Modi announced that India will soon export electric vehicles (EVs) to 100 countries, describing it as a landmark for the automobile industry. A formal launch event for the initiative is scheduled for August 26. Growth in Auto Exports Modi noted that in 2014 India’s annual automobile exports were around ₹50,000 crore. Today, […]
Business Industry
Prime Minister Narendra Modi announced that India’s first fully made-in-India semiconductor chip will be launched by the end of 2025. Speaking from the Red Fort, he said this milestone will mark a turning point in India’s technological self-reliance and global competitiveness. Missed Opportunities in the Past Modi noted that India had missed earlier chances in […]
Business Industry
Micro, Small and Medium Enterprises (MSMEs) in Coimbatore have raised concerns over the impact of high Goods and Services Tax (GST) rates on their operations. Manufacturers and suppliers in sectors such as textiles, foundry, engineering tools, and pump sets argue that current tax slabs have increased input costs and reduced profit margins. Many also point […]
Business Industry
Apple CEO Tim Cook has confirmed that most of the iPhones sold in the United States during the last quarter were assembled in India. This marks a significant shift in Apple’s global manufacturing strategy, showing the tech giant’s growing confidence in India’s production capabilities. Vietnam Now Major Hub for Other Apple Devices While India has […]
Business Industry
India’s mobile phone exports surged from ₹1,500 crore in 2014–15 to ₹2 lakh crore in 2024–25, marking a remarkable 127‑fold rise, Parliament was informed on July 24, 2025. This leap reflects how India has transformed from a net importer to a major exporter of phones over the past decade. PLI Scheme Boosts Manufacturing The Government credited the Production Linked […]
Business Industry
The Adani Group has announced plans to enter the healthcare sector by building two advanced, 1,000‑bed hospitals in Mumbai and Ahmedabad. Chairman Gautam Adani revealed this initiative at a medical conference, aiming to combine cutting-edge technology with affordable care under the theme “Adani Healthcare Temples”. ₹60,000 crore Commitment Adani confirmed that the Adani
Business Industry
A senior executive at Reliance Industries has urged India to boost its petrochemical production urgently. At a recent industry conference, Vikram Sampat, Reliance’s strategy chief, warned that China controls nearly 40–50% of global petrochemical output, while India’s figure remains around 20%. Why It Matters China’s rapid capacity expansion has created a global