Industrial Policy

Today's opinions examine India's external vulnerabilities, SCO diplomacy, the limits of industrial policy, governance questions at Tata Sons and lessons from five decades of Indian advertising

Wider reforms, not picking winners are the answer

The Supreme Court, by a majority of 6:3, on Thursday held that the labour-friendly expansive definition of the term "industry" in its 1978 verdict shall not be considered for the interpretation of the Industrial Relations Code of 2020. A nine-judge Constitution bench headed by Chief Justice Surya Kant also by a majority verdict held that the reference seeking reconsideration of a 1978 judgement by a seven-judge bench on the definition of "industry" was validly made. On February 21, 1978, the seven-judge bench had delivered a verdict on the definition of the term "industry" while deciding the plea of Bangalore Water Supply and Sewerage Board and expanded its definition which brought millions of employees in hospitals, educational institutions, clubs and government welfare departments under the protection of the Industrial Disputes (ID) Act, 1947. The CJI, who authored the majority verdict for himself and Justices Satish Chandra Sharma, Alok Aradhe and Vipul M Pancholi, made clear tha

West Bengal Industries Minister Tapas Roy on Friday said the state's proposed industrial incentive scheme will be linked to employment generation rather than investment, with a new industrial policy expected to be unveiled later this month. Addressing the business conclave 'Uttaran 2026: Bangla, Building the Next Growth', Roy said industries would be eligible for incentives based on the number of jobs they create. "We are thinking of linking incentives to employment generation rather than investment," he said. The minister said the new industrial policy is expected to be announced on August 15. The state government has earmarked Rs 5,000 crore in the 2026-27 budget to revive industrial incentives after the earlier incentive scheme was discontinued by the TMC government. The new industrial policy is expected to lay down the framework for the incentive programme and include measures to improve ease of doing business through a strengthened single-window clearance system, GIS-enabled

The policy offers incentives to attract a Rs 1,000 crore anchor PLA unit and develop a domestic bioplastics manufacturing value chain.

All you need to know about the Plug and Play Industrial Shed Policy (DBFOT Model), 2026

Kerala plans to tackle its fiscal crisis through investments, blue economy, land reforms, diaspora funding and a silver economy, says CM V D Satheesan

Building an industrial powerhouse requires thousands of mature products, not just frontier technologies

Rajasthan is emerging as a preferred investment destination, backed by sector-specific policies, rapid industrial park development and infrastructure-led growth, says Chief Secretary V Srinivas

Repealing the Urban Land Ceiling Act may improve land availability, but manufacturing and infrastructure growth also depend on ease of doing business and broader reforms

Thirty-five years after the landmark 1991 Budget, India must revive the reform spirit with fresh policy changes, stronger institutions and wider reforms beyond the economy

Chief Minister Mohan Charan Majhi launches GO-EAST and revises the Industrial Policy Resolution to attract investment and accelerate industrialisation in backward districts

The official said that these units had applied for various benefits under RIPS-2024 to commence their production or operations

West Bengal's new BJP leadership has promised fresh land and data centre policies, along with incentives and tax breaks, to attract investment and revive industrial growth in the state

Shyam Metalics plans to invest Rs 20,000 crore in West Bengal, including expansion at Kharagpur and Jamuria, subject to the new industrial policy

Samik Bhattacharya indicated a rethink on land acquisition, SEZs, and contract farming while assuring businesses of a more industry-friendly environment

Govt looking to clear regulatory 'cholesterol': Gauba

This move is expected to improve land utilisation, accelerate economic activity in industrial zones, and support new investment and employment

Approvals across 11 districts expected to generate over 7,500 jobs, spanning metals, pharma, logistics and tourism as Odisha pushes industrial diversification

The Cabinet approved the ₹33,660 crore BHAVYA scheme to develop 100 industrial parks with Centre-state and private participation, aiming to boost manufacturing, investment and jobs