Piyush Goyal urges India Inc to make quality products
The Union minister invited industry leaders to partner with the government and take quality to the MSME sector through the QCO ecosystem.
The Union minister invited industry leaders to partner with the government and take quality to the MSME sector through the QCO ecosystem.
HSBC's PMI data shows rates of expansion in factory production and sales receded for the third straight month; weaker profit growth could impact hiring demand
Output price inflation in the manufacturing sector rose to an 11-year high, despite a slight slowdown in input prices, says HSBC
PLI schemes for 14 key sectors have been announced with an outlay of ₹1.97 lakh crore to enhance India's manufacturing capabilities and exports
The ₹20,000 crore investment is expected to create 8,000 jobs, says Maharashtra deputy chief minister Devendra Fadnavis
The move promises to revolutionise the Direct-to-Consumer (D2C) landscape, empower MSMEs and traditional artisans to compete internationally.
Collateral-free loans of up to ₹100 crore to pave the way for firms to expand their capacity
The finance minister proposed to fully exempt customs duties on 25 critical minerals and reduce duty on two of them.
To create these many jobs, there is a need to create the conditions for faster growth of productive jobs outside of agriculture, especially in organised manufacturing and services.
With this background, the decision of the Indian Government to not extend the concessional tax regime for newly set up manufacturing companies was a major setback.