Industrial Policy

The Cabinet Secretariat is conducting a deregulation exercise to enhance ease of doing business across 23 priority areas

Bery called for the future of manufacturing success to be built through fostering regional clusters focused on local competitive advantages and not a uniform national approach

The Centre's draft labour and employment policy reflects new economic realities. But, concerns remain over its enforcement in a labour landscape marked by a massive informal sector

Manufacturing gains offset by weaker mining and electricity output; economists see GST cuts and festive demand boosting growth in coming months

The CBAM is expected to drive the transition of manufacturing globally away from carbon emissions and the use of fossil fuels

India's conscious decision to return to industrial policy and state-guided investment has had the inevitable consequence of empowering the largest conglomerates

The policy, which was notified on February 27, envisages "Amrit Kaal: Chhattisgarh Vision 2047 with an aim to set new benchmarks in the industrial development of the state"

India's industrial output in February was its weakest since August 2024, hurt by slowing manufacturing and mining sector growth

The policy aims to position Karnataka as a leader in sustainable industrial practices through incentives for green manufacturing

The Karnataka global investors' meet, scheduled from February 12 to 14 in Bengaluru, is themed "Reimagining Growth" and aims to showcase Karnataka as a key destination for global investment

Move may be key to achieving Centre's goal of $11 billion space-related export by 2033

Kumar Mangalam spoke of the history of BITS Pilani, which his family founded almost a century ago. The institution has given thousands of dynamic leaders and entrepreneurs to the world

CM Yadav also distributed land allotment letters to representatives of 20 industrial units in the renewable energy sector and extended his congratulations

The New Industrial Development Policy 2024-29, which came into effect from November 1, will be the sixth after the state came into existence on November 1, 2000. It will exist till October 31, 2030

The decision to develop select cities as industrial hubs is sound, but revisiting the choice of locations could make it a game-changer

Manufacturing sector contributes about 24 per cent to its gross state domestic product

Commerce and Industry Minister Piyush Goyal would chair a meeting of state industry ministers on September 5 to discuss ways to promote industrial growth of the country, an official said. As industry is a state subject, they are key stakeholders in promoting the sector, the official said. "Issues like ways to promote manufacturing, promotion of industries and state issues may come up for deliberations on September 5 here," the official added. The Centre is already taking a number of measures in this direction and that includes reducing compliance burden, promoting ease of doing business and setting up of industrial townships. Recently, the Government of India approved 12 new industrial cities in 10 states on the lines of Greater Noida in Uttar Pradesh and Dholera in Gujarat to boost domestic manufacturing with an estimated investment of Rs 28,602 crore. These industrial areas will be in Khurpia in Uttarakhand, Rajpura-Patiala in Punjab, Dighi in Maharashtra, Palakkad in Kerala, Ag

Armed with a new promoter on board, the diversified conglomerate Kothari Industrial Corporation Ltd has drawn up aggressive expansion plans across various segments, a top official said. The company would focus on footwear, fertilisers, food, drone technology, synthetic textiles, solar in the coming years, creating huge job opportunities, Vice- Chairman and Managing Director J Rafiq Ahmed said here. Detailing his vision plan for the city based group at an interaction, Ahmed who became the Vice Chairman and Managing Director in 2018, said he became an investor in 2014 after being into the steel business. Ahmed currently has a 47.08 per cent stake in the entity. After the completion of the open offer on equity shares, his holding in the group could go up to 73.07 per cent. After getting delisted from the stock exchanges in 2000, the company got relisted recently. Elaborating about the plans for the company, Ahmed said, "We are going to grow very aggressively. The old glory that Kotha

To attract Rs 1.5 trn investment in boost to manufacturing

Puducherry Industries Minister A Namassivayam told the territorial Assembly on Friday that a new industrial policy would be unveiled soon for the development of industries in the union territory and to generate job opportunities for the youth. Replying to a question tabled by V P Ramalingam (nominated legislator), the minister said that those coming forward to set up industrial enterprises in the union territory were seeking several concessions which related to GST and Income Tax. The government would have to consider these pleas. "Our intention is to encourage industries to come up in Puducherry so that jobs can be created for the educated youth," he said, and added that all aspects were being considered to ensure industrial development in the union territory. Namassivayam said that the government also proposed establishing an Information Technology park. On the number of industries established since the present government assumed office in 2021, he said that 189 industries have c