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DPIIT Eases Norms for Footwear Manufacturers to Boost Domestic Production and R&D

New Delhi, July 10 -- The Department for Promotion of Industry and Internal Trade (DPIIT) has amended two Footwear Quality Control Orders (QCOs) to facilitate ease of doing business and support the do... Read More


Global Supply Chain Shift Boosting India's Manufacturing Prospects: Assocham Report

New Delhi, July 10 -- India is strengthening its position as a key global manufacturing destination and is emerging as a major beneficiary of ongoing shifts in international supply chains, according t... Read More


Govt Weighs Broader Support For Battery Recycling And ACC Ecosystem: MHI Joint Secretary

New Delhi, July 10 -- The Ministry of Heavy Industries (MHI) is considering expanding policy support for battery recycling and advanced chemistry cells (ACC), while also evaluating new incentives for ... Read More


Renewed US-Iran Tensions May Raise Input Costs For India's MSMEs: Industry

New Delhi, July 10 -- India's Micro, Small and Medium Enterprises (MSMEs) are likely to face higher input costs amid renewed tensions between the United States and Iran, with industry bodies warning t... Read More


Govt Targets 5,000 Global Capability Centres by 2030: FM Sitharaman

New Delhi, July 10 -- The Centre aims to build an ecosystem capable of supporting around 5,000 Global Capability Centres (GCCs) in India by 2030, with Finance Minister Nirmala Sitharaman describing th... Read More


CBIC's AEO Programme Strengthens Trade Facilitation, Holds Promise For MSMEs

New Delhi, July 10 -- India's Authorised Economic Operator (AEO) Programme, administered by the Central Board of Indirect Taxes and Customs (CBIC), has emerged as a key trade facilitation initiative t... Read More


DGFT Notifies TRQ Procedure For UK Vehicle Imports Under India-UK CETA

New Delhi, July 10 -- The Directorate General of Foreign Trade (DGFT) has notified the procedure for importers to obtain tariff rate quota (TRQ) certificates for availing concessional import duties on... Read More


ADB Lowers India's FY27 Growth Projection To 6.6%, Flags Energy Price Risks

New Delhi, July 10 -- The Asian Development Bank (ADB) has lowered India's GDP growth forecast for FY27 to 6.6 percent from the 6.9 percent projected in April, citing higher oil and transportation cos... Read More


NLDSL and Punjab Government Sign MoU to Accelerate Digital Logistics Transformation via ULIP

New Delhi, July 9 -- NICDC Logistics Data Services Limited (NLDSL) and the Directorate of Industries & Commerce, Government of Punjab have signed a Memorandum of Understanding (MoU) to support the dig... Read More


Govt Extends Duty Relief On Electronics And Battery Manufacturing Inputs Till 2029

New Delhi, July 9 -- The Centre has extended customs duty exemptions on select components and machinery used in electronics and lithium-ion battery manufacturing, aiming to reduce import costs and str... Read More