Page 13 - Industry News

India's merchandise exports rise 15% this fiscal till Sep 21: Goyal

Merchandise exports have risen 15 per cent till Sept 21 during this fiscal year despite global economic uncertainties triggered by the ongoing wars, Commerce and Industry Minister Piyush Goyal said

SUJÁN enters Africa, acquires Chiawa Camp and Old Mondoro in Zambia

The luxury hospitality major plans to more than double its portfolio over the next four years through selective expansion aligned with its conservation values

India's 4G smartphone shipments set to grow 3% in 2026 despite market slump

India's 4G smartphone market is showing signs of recovery in 2026, with shipments set to grow three per cent year-on-year, staging quite a comeback from a 48 per cent drop suffered in 2025

IFC to invest $70 million in shore power project at Jawaharlal Nehru Port

The project will allow ships berthed at JNPA to switch off diesel engines and connect to land-based electricity, cutting carbon emissions and air pollution

Why ACs, TVs and smartphones are set to get costlier before Diwali

From copper and aluminium to memory chips and freight, several cost pressures are converging just before India's biggest shopping season

Festive season hiring: Here are 5 job roles likely to see strongest demand

Delivery and warehouse roles are top employers' festive hiring demands, while workers seek higher pay, flexible hours and opportunities that could lead to long-term employment, an Indeed survey found

Employers start festive hiring early, look to retain workers beyond peak

Nearly seven in 10 employers began or expect to begin festive hiring by September, while 74% expect to retain at least 10% of seasonal hires beyond the peak period, according to a survey by Indeed

India to add up to 50 GWh battery storage capacity over next 2 yrs: Crisil

Battery storage deployment is set to rise sharply from 1 GWh in FY26 as renewable energy expands and storage-linked projects gain a larger share of government auctions

Tata Projects, MDS Aero to develop aero-engine testing infra in India

The companies aim to support the development of advanced testing infrastructure for India's rapidly growing aerospace and propulsion ecosystem

IndusInd Bank launches dedicated banking vertical for GCCs in India

India now has 2,117 GCCs and the ecosystem has grown 32 per cent since FY 2021 -- underscoring the country's growing importance as a global capability hub

No coal shortage despite higher power demand, monsoon disruptions: Reddy

Reddy said the temporary disruptions should not be construed as a coal shortage and asserted that the overall situation was normal

Why waste time?: SC rebukes govt over timeline for food warning labels

In an unprecedented food safety crackdown, India has raided eateries and shut ​scores of restaurants and factories nationwide on grounds of hygiene lapses

India's solar cell capacity lags module additions 5x in H1, imports up 18%

India added 50.6 GW of solar module capacity against 9.7 GW of cell capacity in first 6 months of 2026, widening the manufacturing gap and increasing reliance on imports

Housing sales in top 7 cities up 3% in Jul-Sep at 100,000 units: Anarock

In value terms, Anarock said that the total sales rose by 2 per cent to ₹1.55 trillion during July-September from ₹1.52 trillion in the corresponding period of the preceding year

Food giants in India call for reconsidering red colour of warning labels

India is in the midst of an unprecedented food safety crackdown, including nationwide raids against eateries, amid concern over poor hygiene and standards

Office space leasing rises 9% in Jul-Sep across top 7 cities: Colliers

Colliers India data showed that gross office leasing is estimated to have risen to 18.7 million sq ft in the third quarter of this year from 17.2 million sq ft in the year-ago period

Godrej Properties inks JV to build ₹6k cr luxury housing project in Mumbai

Godrej Properties will jointly develop a 2.5-acre luxury housing project in Marine Lines, South Mumbai, with an estimated revenue potential of around ₹6,000 crore

Corporate India sheds zombie firms as debt-servicing capacity improves: D&B

Dun & Bradstreet study shows the share of zombie firms fell to 5.5% in 2025 from 8.1% in 2017, signalling stronger corporate debt-servicing capacity

More than 40% of India's power plants face coal squeeze amid supply strain

Overall coal stocks are sufficient for just seven days and stand at 37 per cent of the requirement, while experts see the situation as a temporary logistics issue

Supply constraints support premium office rents in Mumbai, Delhi-NCR

Consultants attribute premium rentals in key micro-markets to limited quality Grade A space and sustained occupier demand, even as rents vary significantly across locations