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As Gujarat announces new textile policy today, here’s a look at why Maharashtra’s Navapur is being preferred by Surat factory owners

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Sources said that presently, as many as 130 textile factories owned by Surat textile players are situated on Navapur, MIDC (Maharashtra Industrial Development Corporation) premises. With the Gujarat Government set to announce the new textile policy, industry players in the city are hoping that their demand for capital and power subsidy will be met to […]

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Dr. Mansukh Mandaviya Chairs High-level Meeting on Employment Data

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Ministry Working on Mechanism for Collation of Employment Data and its Analytics.  Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya chaired a high-level meeting focusing on the key issues related to employment data and overseas emigration trends in New Delhi on 07.10.2024. Union Minister of State for Labour and […]

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Registration certificate not mandatory for exporters seeking benefits: DGFT

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“Exporters can claim benefits under these schemes without obtaining an RCMC,” the DGFT has said in a trade notice. The commerce ministry’s arm DGFT has clarified that registration-cum-membership certificate is not mandatory for exporters to seek benefits under schemes like duty drawback and remission of state levies. According to the Foreign Trade Policy, a Registration-cum-Membership […]

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How Gujarat is Shaping Up as India’s Semiconductor Hub, Building on its Strength as an Economic Powerhouse

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Gujarat is emerging as India’s primary semiconductor centre, with major investments being attracted by policy support, abundant land, power, water resources, and a strong chemical industry. At 920 sq. km—twice the size of Mumbai—Dholera is India’s marquee 21st-century urban experiment. Lying along the Delhi-Mumbai Industrial Corridor (DMIC), which will link India’s political capital Delhi with […]

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Tamil Nadu’s electronics and automotive sectors thriving under China+1 strategy: Minister

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The China +1 strategy, aimed at reducing reliance on Chinese manufacturing by investing in other countries, has significantly benefited Tamil Nadu, positioning it as a prime destination for electronics manufacturing. Tamil Nadu’s Information Technology Minister, P. Thiaga Rajan lauded the State’s burgeoning electronics and automotive sectors, pointing to the successful implementation of the China +1 […]

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This travel priority for small and medium businesses is surprising

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When it comes to booking travel for employees, many businesses rank one factor above all others. Business travel can be costly and account for a significant portion of small and medium-sized enterprises’ (SMEs) annual expenses. Yet a survey conducted by Corporate Traveler and Global Business Travel Association (GBTA) found business travel managers aren’t as focused on the bottom […]

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1-2 years returns show SME IPOs can deliver long-term value, but there’s a catch!

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SME IPOs show potential for long-term value despite regulatory concerns. ETMarkets’ analysis reveals that 55 out of 105 IPOs from the past year delivered multi bagger returns, with an average appreciation of 373%. Analysts stress the importance of fundamental analysis amid high returns and regulatory scrutiny. The hype around the SME IPO market and the […]

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US-China trade war escalation may help Indian exports: GTRI

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Escalating US-China trade tensions could boost India’s exports and attract American investments, as new US Senate bills may shift production away from China. India can leverage this by enhancing its manufacturing sector in electronics, textiles, and other industries, reducing reliance on Chinese products. The escalation in the US-China trade war is expected to help India […]

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India is emerging as a global manufacturing hotspot

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India’s rise as a global manufacturing hub is driving increased warehousing demand, with multinationals setting up factories. Supportive Government policies and strategic initiatives are attracting investments from global manufacturers. The manufacturing sector’s share of total warehouse leasing grew significantly, reflecting robust demand across key segments like domestic appliances and auto parts. India’s emergence as a […]

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