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News   -   Oct 09, 2024 Production linked incentives to increase
Production linked incentives to increase

According to Minister for Commerce and Industry, Piyush Goyal, investments under the Production Linked Incentives (PLI) are said to increase to ₹2 lakh crore ($24.1 billion), which stood at ₹1.46 lakh crore ($17.6 billion) in August 2024. He added, that PLIs have already resulted in production/sales

by Amal Anzari
Commerce & Industry   -   Sep 30, 2024 India third in Asia Power Index
India third in Asia Power Index

India has overtaken Japan to become the third-largest power in the 2024 Asia Power Index, driven by its economic growth, population, and global influence. According to India's Ministry of Information and Broadcasting, India’s Economic Capability rose by 4.2 points post-pandemic, with its growing workforce and economy

by Amal Anzari
Commerce & Industry   -   Sep 30, 2024 India-US semiconductor fab project
India-US semiconductor fab project

India and the US have agreed to set up a semiconductor fabrication plant to make chips that will be used in national security, next-generation telecommunications and green energy applications. The project will be enabled by support from Bharat Semi, 3rdiTech and the US Space Force. The fab titled “Shakti” (Power)

by Amal Anzari
Commerce & Industry   -   Sep 30, 2024 India's auto sector aims for a $100 billion export target by 2030
India's auto sector aims for a $100 billion export target by 2030

Minister of Commerce & Industry, Piyush Goyal, expressed confidence that India's auto component sector will achieve a $100 billion export target by 2030, making it a major job creator. As India advances towards becoming the third-largest global economy, Goyal urged the auto industry to strive for global leadership,

by Amal Anzari
Commerce & Industry   -   Sep 30, 2024 India's electric vehicle surge
India's electric vehicle surge

Road Transport and Highways Minister Nitin Gadkari announced that India is experiencing significant growth in electric vehicle (EV) sales, with expectations to reach one crore annual sales by 2030, creating five crore jobs. Gadkari highlighted that nearly 30 lakh EVs are registered in the country, with 45% growth in EV

by Amal Anzari
News   -   Sep 30, 2024 India to lead global economic growth in 2024
India to lead global economic growth in 2024

Prime Minister Narendra Modi has celebrated India’s strong economic performance, highlighting the country’s projected top ranking among the fastest-growing major economies in 2024. According to the July 2024 World Economic Outlook update from the International Monetary Fund (IMF), India’s real GDP is expected to grow by 7%

by Amal Anzari
Commerce & Industry   -   Sep 30, 2024 The trillion dollar club
The trillion dollar club

Minister of Commerce and Industry, Piyush Goyal, said India is set to add $30 trillion to its economy in the next 30 years - giving India “a position of strength” while negotiating agreements with other nations. According to Goyal, India has negotiated “a legally binding commitment” with the European Free

by Amal Anzari
Commerce & Industry   -   Sep 30, 2024 India becomes third-largest global packaging market
India becomes third-largest global packaging market

India has emerged as the third-largest packaging market globally, overtaking Japan, with the industry surpassing $86 billion. According to Prasad Balan Iyer, Director of the South Indian Education Society (SIES) School of Packaging, the global packaging market, valued at over $1 trillion, is driven by sectors such as e-commerce, pharma,

by Amal Anzari
Production linked incentives to increase
News   -   Oct 09, 2024 Production linked incentives to increase

According to Minister for Commerce and Industry, Piyush Goyal, investments under the Production Linked Incentives (PLI) are said to increase to ₹2 lakh crore ($24.1 billion), which stood at ₹1.46 lakh crore ($17.6 billion) in August 2024. He added, that PLIs have already resulted in production/sales

by Amal Anzari
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Commerce & Industry Articles 64 Articles
News   -   Oct 09, 2024 Production linked incentives to increase
Production linked incentives to increase

According to Minister for Commerce and Industry, Piyush Goyal, investments under the Production Linked Incentives (PLI) are said to increase to ₹2 lakh crore ($24.1 billion), which stood at ₹1.46 lakh crore ($17.6 billion) in August 2024. He added, that PLIs have already resulted in production/sales

by Amal Anzari
Commerce & Industry   -   Sep 30, 2024 India third in Asia Power Index
India third in Asia Power Index

India has overtaken Japan to become the third-largest power in the 2024 Asia Power Index, driven by its economic growth, population, and global influence. According to India's Ministry of Information and Broadcasting, India’s Economic Capability rose by 4.2 points post-pandemic, with its growing workforce and economy

by Amal Anzari
Commerce & Industry   -   Sep 30, 2024 India-US semiconductor fab project
India-US semiconductor fab project

India and the US have agreed to set up a semiconductor fabrication plant to make chips that will be used in national security, next-generation telecommunications and green energy applications. The project will be enabled by support from Bharat Semi, 3rdiTech and the US Space Force. The fab titled “Shakti” (Power)

by Amal Anzari
Commerce & Industry   -   Sep 30, 2024 India's auto sector aims for a $100 billion export target by 2030
India's auto sector aims for a $100 billion export target by 2030

Minister of Commerce & Industry, Piyush Goyal, expressed confidence that India's auto component sector will achieve a $100 billion export target by 2030, making it a major job creator. As India advances towards becoming the third-largest global economy, Goyal urged the auto industry to strive for global leadership,

by Amal Anzari
Commerce & Industry   -   Sep 30, 2024 India's electric vehicle surge
India's electric vehicle surge

Road Transport and Highways Minister Nitin Gadkari announced that India is experiencing significant growth in electric vehicle (EV) sales, with expectations to reach one crore annual sales by 2030, creating five crore jobs. Gadkari highlighted that nearly 30 lakh EVs are registered in the country, with 45% growth in EV

by Amal Anzari
News   -   Sep 30, 2024 India to lead global economic growth in 2024
India to lead global economic growth in 2024

Prime Minister Narendra Modi has celebrated India’s strong economic performance, highlighting the country’s projected top ranking among the fastest-growing major economies in 2024. According to the July 2024 World Economic Outlook update from the International Monetary Fund (IMF), India’s real GDP is expected to grow by 7%

by Amal Anzari
Commerce & Industry   -   Sep 30, 2024 The trillion dollar club
The trillion dollar club

Minister of Commerce and Industry, Piyush Goyal, said India is set to add $30 trillion to its economy in the next 30 years - giving India “a position of strength” while negotiating agreements with other nations. According to Goyal, India has negotiated “a legally binding commitment” with the European Free

by Amal Anzari
Commerce & Industry   -   Sep 30, 2024 India becomes third-largest global packaging market
India becomes third-largest global packaging market

India has emerged as the third-largest packaging market globally, overtaking Japan, with the industry surpassing $86 billion. According to Prasad Balan Iyer, Director of the South Indian Education Society (SIES) School of Packaging, the global packaging market, valued at over $1 trillion, is driven by sectors such as e-commerce, pharma,

by Amal Anzari
Latest Articles 8 Articles
News   -   Jan 15, 2025 Pixxel Sends Three Hyperspectral Satellites into Orbit with SpaceX
Pixxel Sends Three Hyperspectral Satellites into Orbit with SpaceX

Bengaluru-based startup Pixxel announced the launch of three of the world's highest-resolution commercial hyperspectral satellites from the Vandenberg Space Force Base in California on Wednesday. The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1

by PTI
News   -   Jan 15, 2025 GOP Lawmaker Warns Adani Case Could Harm US-India Relations
GOP Lawmaker Warns Adani Case Could Harm US-India Relations

A Republican lawmaker has asked the US Department of Justice to preserve all records in connection with the "selective prosecution" of billionaire industrialist Gautam Adani and his group of companies by the Biden administration. The demand comes less than a week before the Donald Trump administration takes office.

by PTI
News   -   Jan 15, 2025 Delhi Excise Case: Home Ministry Approves Prosecution of Kejriwal
Delhi Excise Case: Home Ministry Approves Prosecution of Kejriwal

The Union Home Ministry has granted sanction to the Enforcement Directorate to prosecute former Delhi chief minister and AAP national convenor Arvind Kejriwal in the excise policy linked money laundering case, officials said. The federal agency has filed a chargesheet against the 56-year-old politician before a special Prevention of Money

by PTI
News   -   Jan 15, 2025 Armed Forces' Welfare a Govt Priority, says PM Modi
Armed Forces' Welfare a Govt Priority, says PM Modi

Prime Minister Narendra Modi on Wednesday lauded the Indian Army for its determination, professionalism and dedication, and underlined his government's commitment to the welfare of armed forces and their families. In posts on X on Army Day, he said, "Today, on Army Day, we salute the unwavering

by PTI
News   -   Jan 15, 2025 Odisha Eyes Greenfield Steel Plant Deal in Keonjhar
Odisha Eyes Greenfield Steel Plant Deal in Keonjhar

Odisha Chief Minister Mohan Charan Majhi on Tuesday said he is hopeful that the MoU for establishment of a "mega" steel plant in mineral-rich Keonjhar district would be signed during a business conclave in the state on January 28-29. Majhi said he is focusing on signing of the

by PTI
News   -   Jan 15, 2025 Singapore President Arrives in Delhi for Five-Day Visit
Singapore President Arrives in Delhi for Five-Day Visit

President of Singapore Tharman Shanmugaratnam arrived here on Tuesday night on a five-day visit that aims to further boost bilateral ties in a range of areas. Shanmugaratnam, accompanied by a high-level delegation, was received at the airport by Union Minister Jitin Prasada. It is his first visit to India as

by PTI
News   -   Jan 15, 2025 Jaishankar Discusses Bilateral Progress with Spanish Leaders in Madrid
Jaishankar Discusses Bilateral Progress with Spanish Leaders in Madrid

External Affairs Minister S Jaishankar on Tuesday called on Spanish President Pedro Sanchez and reiterated the "long-standing" India-Spain partnership, updating him on the progress in bilateral cooperation. Separately, he also called on the King of Spain Felipe VI. Jaishankar arrived in Spain on Monday for a two-day official

by PTI
News   -   Jan 15, 2025 Fog Disrupts Dialy Life in the National Capital
Fog Disrupts Dialy Life in the National Capital

A thick layer of very dense fog covered New Delhi on Wednesday morning. The national capital's air quality fell into the "very poor" range. The Central Pollution Control Board reports that at 7 a.m. today, the AQI was measured at 344 in Delhi. It was

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