Page 191 - Industry News

India's food processing industry projected to reach $535 bn by FY26-end

With AI automation and smart packaging redefining the industry, India has the potential to emerge as the global hub for food and packaging materials, said experts

GST rate rejig awakens the ghost of 2017 transition for FMCG players

Firms warn of teething troubles, seek time to rework SKUs and labels

GST rate cut proves to be a mixed bag for travel, hospitality sector

Hotel rooms under ₹7,500 move to 5% slab, will bolster midscale segment

GST cuts fuel festive demand: Cars, bikes and gadgets set for sales boom

Electronics and auto makers raise output after GST cuts, expecting higher festive sales as small cars, two-wheelers, TVs and ACs turn cheaper from September 22

Are ethical pharma practice norms 'actually' implemented, asks SC

"The difficulty is, regime is there in place, but whether that is actually implemented or not," Justice Nath said

Patients to benefit from GST rate cut, but firms likely to face pressure

GST rationalisation lowers costs for medical consumables and high-end therapies, benefiting patients. However, pharma companies, particularly in biologics, may face margin pressure due to ITC loss

Industry will pass on GST benefits to consumers, says Piyush Goyal

Commerce Minister Piyush Goyal confirms that industries will pass on the benefits of GST rate reductions to consumers and discusses plans to boost exports amid US tariff challenges

Companies expect demand boost after 10% GST cut on AC, TV, dishwashers

Electronics and appliances industry may close the year with 20% growth, says one executive

Startups and VCs call for ecosystem for growth of semiconductor industry

Startups and venture capital firms emphasise the need for a strong ecosystem to accelerate the growth of India's semiconductor industry, fostering both domestic and global competitiveness

Realty companies upbeat on GST reforms, expect better affordability

Lower costs to be passed on to consumers, move to drive demand

Low prices, high GST: Double whammy for upstream energy companies

GST Council recommends raising GST on oil and gas exploration services from 12% to 18%, potentially impacting the margins of Indian upstream companies facing declining energy prices

When romance meets the rulebook: How cos deal with workplace relationships

Several Indian companies have similar safeguards in place, though few were forthcoming about their policies when contacted

Niti Aayog urges early focus on 2D materials to lead semicon future

The report said that the world of two-dimensional (2D) materials is a frontier that promises to reshape the future of semiconductors, energy, electronics, and quantum computing

Spot power trade volumes jump 19% in August; average price drops 7%

Indian Energy Exchange reports a 19% increase in power trade volumes in August 2025, while average prices drop 7% year-on-year, presenting an opportunity for discoms and industrial consumers

Aluminium extrusion industry body alleges 28 units shut, 5K jobs lost

ALEMAI claims closure of 28 aluminium extrusion units and the loss of 5,000 jobs in the last two years, blaming free trade agreements (FTAs) and rising import dependence for the industry's struggles

GST overhaul may reshape ecommerce strategy ahead of festival season

The simplified two-tier GST structure is expected to boost festive season sales by 15-20% as e-commerce platforms prepare for a surge in demand

GST rate cut on cement to boost infrastructure and improve viability

Experts predict that the GST cut on cement from 28% to 18% will boost infrastructure project viability, encourage PPP participation, and enhance the sector's competitiveness

GST rate for jewellery unchanged at 3 pc, but industry sees indirect gains

For investors, unchanged GST provides clarity to the buyer, and also does not create havoc in the market, however, entry costs remain slightly high compared to global benchmarks, said Kothari

GST cut brings hope to textile MSMEs; expensive garments to see price hikes

The new GST changes provide relief to textile MSMEs and consumers but could lead to higher prices for garments above Rs 2,500. Industry experts call for a relook at the pricing thresholds

Prices of diagnostic tests unlikely to change much despite GST rate cut

GST reduction on medical devices, diagnostic kits, and reagents is a welcome move, but leading diagnostic players believe test prices will remain largely unaffected due to minimal changes