Prime Minister Narendra Modi on Sunday lauded the Indian toy industry for accomplishing the success “nobody may have imagined”, noting that its export has soared to Rs 2,600 cr from Rs 300-400 cr. when it comes to Indian toys, the echo of ‘vocal for neighborhood’ is being heard everywhere, he said in his monthly ‘Mann […]
India’s manufacturing activity in July improved on the fastest pace in 8 months on the lower back of recent commercial enterprise orders and output, said a survey with the aid of S&P global on Thursday. S&P Global India Manufacturing Purchasing Managers’ Index (PMI) jumped to 56.4 in July from 53.9 in June. A studying above
India’s production activity expands at the quickest pace in eight months Read More »
India is predicted to scale up its manufacturing exports to $1 trillion with the aid of economic year 2027-28. This comes amid beneficial trends in manufacturing and growth in priority sectors, said Bain & Company, in a recorded report titled, ‘The Trillion Dollar Manufacturing Exports Opportunity for India.’ The 6 sectors driving export increase might
India’s manufacturing exports may rise by $1 trillion by 2028 Read More »
The Automotive Industry has a significant contribution to the Indian economy. With a 7.1% GDP contribution to the Indian economy, this sector plays a crucial part in India’s overall growth and development. Due to various situations like Covid-19 and supply chain disruptions, this sector was going through a rough phase for the past few years.
The Indian automotive industry is booming: growth in the sales volume in 2022. Read More »
Amid a fall in global costs, the authorities has directed fit to be eaten oil producers to in addition reduce the most retail charge (MRP) of imported cooking oils by using up to Rs 10 according to litre by using next week, and keep a uniform MRP of the identical brand of oil across the
Edible oil companies to cut prices by up to Rs 10 per liter Read More »
India ranks 2nd in the world when it comes to crude steel production. The steel sector is divided into three broad categories with modernized technology used in the industry. The categories are major producers, main producers, and secondary producers. With an estimated year-on-year growth in steel production in FY22, production of steel will reach 112-114
The Rise in Steel Production in India in 2022. Read More »
India’s purchases of Russian coal have spiked in current weeks despite of global sanctions on Moscow, as investors offer discounts of up to 30%, in step with two trade assets and information reviewed with the aid of Reuters. The war between Russia and Ukraine have negatively impact many sectors. Russia, going through excessive Western sanctions
India’s and Russian coal buying spikes as the traders offer discounts Read More »
Over the few years, the world has experienced a lot. The global pandemic disrupted industries, supply chains, daily life, demographics, etc. During covid-19, most industries suffered a lot, and some industries like healthcare, daily necessities, etc. did well. After two years of fighting, now the world started recovering from the pandemic. But then, a few
Benefits of Inflation: Top 4 industries that benefit. Read More »
The Automobile Industry in India has shown tremendous growth in exporting vehicles in 2022. Even though this sector had an uneven development this year, the automobile exports have given the required boost needed. In 2021, the shortage of semiconductors and the uncertainty about the covid-19 new variants. But, 2022 has laid a solid foundation for
The Rise of Automotive exports from India Read More »
Ontario aims to boost the EV industry because it has been a part of a critical minerals strategy for five years. In the exploration program of the EV industry Ontario recently invested $24 million. And half of the funding is for critical minerals. And there is also $5 million for the innovation of critical minerals.