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WEBMaruti Suzuki Urges Early Collaboration with India’s…. New Delhi, Sep 9 (KNN) Maruti Suzuki, India's largest carmaker by market share, has called on electronics parts makers…. KNN India offering the India exclusive Micro, Small and Medium Enterprises (MSME) news, views, events and blogs.
MSME Roundup September 3, 2024 - KNN India
WEBNew Delhi, Sep 3 (KNN) In a notable revision, the World Bank has upgraded its growth forecast for India, projecting an impressive 7 per cent growth rate for the financial year 2024-25, up from its earlier estimate of 6.6 per cent. This adjustment reflects the strong performance of the Indian economy, which stood out as the fastest-growing major economy in FY24 with an 8.2 per cent growth rate.
India Set To Become World's 3rd-Largest Economy By 2030: S&P …
WEB2 hours ago · New Delhi, Sep 20 (KNN) India is on track to become the world's third-largest economy by 2030-31, driven by an expected annual growth rate of 6.7 per cent for the current fiscal year, according to a report released by S&P Global on Thursday. The report forecasts even stronger growth of 8.2 per cent in FY2024, highlighting the importance of ongoing reforms in sustaining this economic momentum.
Daikin Invests Rs 1,400 Crore Investment In Indian Operations
WEB2 hours ago · New Delhi, Sep 20 (KNN) Daikin Industries, Japan's leading air-conditioning manufacturer, has made a substantial investment of Rs 1,400 crore into its Indian subsidiary, Daikin Air-conditioning India. This marks the largest capital infusion to date for the company's operations in India, according to recent reports. The investment, aimed at bolstering local production capabilities, was executed ...
India Charts Path To Net-Zero With Comprehensive Energy …
WEBNew Delhi, Apr 4 (KNN) A comprehensive study on India's energy transition pathways to achieve net-zero emissions by 2070 was unveiled at a high-level meeting, on Wednesday. The report, titled “Synchronizing energy transitions towards possible Net-Zero for India: Affordable and clean energy for All,” was prepared by the Indian Institute of Management Ahmedabad (IIM-A) and sanctioned by the ...
India's Tech Landscape on Track for Major Expansion
WEBSep 12, 2024 · GCC revenue is projected to surge to between $99 billion and $105 billion by 2030, marking a robust compound annual growth rate (CAGR) of 9-10 percent from the current revenue of $64.6 billion. The expansion is not limited to revenue alone; the number of GCCs in India is expected to increase to 2,100-2,200 by 2030, up from over 1,700 today.
New Safety Regulations Machinery, Electrical equipment Threaten …
WEB4 days ago · New Delhi, Sep 16 (KNN) On August 28, 2024, the Ministry of Heavy Industry (MHI) introduced the Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024, which is set to take effect exactly one year later, on August 28, 2025. This new regulation mandates stringent safety standards for all machinery and electrical equipment manufactured or imported into India ...
New Centralised Intelligence Unit Being Set-up To Assess …
WEBNew Delhi, Mar 28 (KNN) The Centre is set to comprehensively assess India's manufacturing prowess through a centralised intelligence unit or knowledge storehouse, aimed at significantly ramping up the manufacturing sector and making it globally competitive. The proposed intelligence unit will delve into crucial metrics such as value-added, export performance, technological prowess, supply ...
India Charts Path to Net Zero Emissions by 2070
WEBNew Delhi, May 21 (KNN) In a significant move towards combating climate change, The Energy and Resources Institute (TERI) has released a conceptual framework titled 'India's Journey to Net Zero: A Conceptual Framework for Analysis' that outlines strategies for major carbon-emitting sectors in India to achieve net zero emissions by 2070. The study comes after Prime Minister Narendra Modi ...
India Boosts Drone Manufacturing Incentives by 37.5% to Achieve …
WEBNew Delhi, Jul 29 (KNN) In a significant move to propel India's drone industry forward, the central government has increased its allocation for business incentives by 37.5 per cent, raising the total to Rs 165 crore over the next three years. This substantial boost underscores India's ambitious plan to become a leading global drone centre by 2030. The Production-Linked Incentive (PLI) scheme ...