Page 157 - Industry News

India to add 6 mn sq ft of F&B retail space by 2028, says JLL report

India's retail pipeline is set to add 6 million sq ft of food and beverage space by 2028, with high streets driving leasing momentum and foreign brands fuelling expansion

Unemployment rate dips for second month to 5.1% in August: Govt survey

Male unemployment rate in August 2025 was at its lowest of 5% in five months in August 2025. It was 5.2% in April, 5.6% in May and June, and 5.3% in July

Krafton India to launch third edition of gaming incubator KIGI on Sept 20

Krafton India will open registrations for the third edition of its gaming incubator programme, KIGI, on September 20 to support local studios with funding, mentorship, and resources

US tariffs cause ₹25,000 cr loss to Andhra's shrimp industry: CM Naidu

Andhra Pradesh accounts for 80 per cent of the country's shrimp exports and 34 per cent of marine exports, valued at around ₹21,246 crore annually, Naidu said

Increased adoption of AI can add $500-600 bn to GDP by 2035: NITI report

According to the Aayog, projections show that while AI will create many new roles, it will also displace many existing jobs, particularly in clerical, routine, and low-skill segments

India targets 5% share in global shipbuilding market by 2030, says MoS

Minister of State for Ports, Shipping and Waterways, Shantanu Thakur highlighted the rapid transformation of the maritime sector under the leadership of Prime Minister Narendra Modi over past decade

Mix of technical expertise, soft skills vital for competitiveness: Survey

According to a survey released on Monday by New York-headquartered Vertex Group, workplaces are transforming, and those who are ready to learn and upskill will lead the industry going forward

Reinventing rules of business key to Indian IT companies' valuation

Experts say Indian IT services must boost R&D, acquisitions, and AI-led innovation to avoid being seen as legacy providers

Beyond Ikea and H&M: Sweden raises its trade, investment game in India

The European Union (EU) and its member countries have stepped up their engagement with India, in the face of punitive tariffs being imposed against New Delhi by the United States (US)

Generalist VCs in India bet big on deep-tech, innovation-driven companies

Deep-tech now forms over half of VC portfolios in India as firms like Cornerstone, Unicorn India Ventures and All in Capital back startups combining research with scalable models

Govt proposes tax exemption of up to 20 years for data centre developers

Incentives in Meity's draft include GST input tax credit on assets

Swiss timepiece brands on the clock to meet India's luxury appetite

With rising wealth and young buyers, India emerges as a top growth market for Swiss luxury watch brands

CCI seeks Apple's response to final probe report on App Store dominance

The antitrust regulator has also asked Apple to submit global and India financials for 2022-24 as part of its investigation into alleged abuse of dominance

India to host 89th IEC General Meeting, over 2,000 global experts to attend

Food and Consumer Affairs Minister Pralhad Joshi will inaugurate the opening ceremony at Bharat Mandapam, and Commerce and Industry Minister Piyush Goyal will unveil the IEC GM Exhibition

CII seeks framework to position India as hub for innovation-led GCCs

The framework for National GCC Policy, encompasses the setting up Digital Economic Zones, deepening industry-academia partnerships and establishing a GCC Council

Credai urges land reforms, ease of doing biz to boost Indian real estate

Seeking land reforms, the body said there is a need to ensure conclusive land titling through the Land Titling Act

Govt plans ₹20,000-cr risk fund to ease financing hurdles in infra projects

The government is considering a ₹20,000-cr risk guarantee fund to protect new infrastructure projects from policy delays and external risks, aiming to boost credit flow and attract investors

Advertising rates for Asia Cup India-Pakistan match down by 15 to 20%

Industry executives say various factors, including sudden ban on the real money gaming (RMG) sector, which has been among the biggest advertisers in cricket, have led to the dip in advertising rates

MP aims to achieve 50% of power generation from renewable energy sources

The positive impacts of this shift may become evident in the coming years, he said while addressing the inaugural session of the 8th GRIHA Regional Conclave organised by GRIHA in Bhopal

NPPA asks pharma firms to pass on GST rate cut benefits from Sept 22

Manufacturers and marketers must issue revised or supplementary price lists to dealers, retailers, state drug controllers, and the government reflecting the new GST rates, the NPPA said