Page 24 - Industry News

Uttar Pradesh govt plans to develop pharma ecosystem over 8,000 acres

Uttar Pradesh plans an 8,000-acre healthcare manufacturing ecosystem to attract investments, boost exports and emerge as a major pharma hub

Govt to use AI for machine-readable standards to cut compliance costs

Machine-readable standards translate regulatory requirements into structured digital rules that computer systems can process directly, enabling automatic compliance verification

Govt forms 6 sector-specific groups to identify 100 products to boost mfg

The groups will discuss the list of items for the purpose, and the final list prepared by them will be submitted to the cabinet secretariat within three weeks

Govt moves to standardise edible oil pack sizes for price transparency

The initiative comes amid a broader regulatory focus on consumer protection, transparent labelling and sustainable packaging practices

Centre plans ₹3,000 cr incentive outlay to boost lithium, nickel processing

Nickel and lithium are critical to India's EV ‌supply chain, especially when it comes to batteries, as New Delhi targets 30 per cent ​electric ‌car penetration and 80 per cent for two-wheelers by 2030

US Ambassador Sergio Gor meets Anand Mahindra, discusses investments in US

US Ambassador said that in addition to government-to-government engagement, the US private sector has made significant commitments in India

India's tougher grid rules unsettle investors, test clean energy ambitions

Industry groups estimate the tougher regime could cut revenue by about 11 per cent for solar projects and as much as 48 per cent for wind farms

Govt examining incentives to accelerate flex-fuel vehicle adoption: Puri

Puri asserted that the Flex Fuel Vehicles offer India a practical solution to reduce crude oil imports, strengthen the rural economy through ethanol demand, and advance low-carbon mobility

Why Amazon has struggled to crack India despite years of heavy investment

13 years on, Amazon remains a major player in India, but local rivals have eroded its edge across retail, payments, streaming, and quick commerce, leaving it constrained despite strong brand loyalty

Orissa High Court quashes CCI probe against Rungta Mines over DG powers

The Orissa High Court has ruled that the CCI's investigative arm cannot probe a company without a valid prima facie order under the Competition Act

Renaissance classic, Botticelli's Madonna and Child, on display in Delhi

On display at Italian cultural centre, it will later be exhibited at Humayun's Tomb Museum before travelling to Bengaluru

India overtakes US to become second-largest solar growth market in 2025

India added 37 GW of solar capacity in 2025, overtaking the US to become the world's second-largest solar growth market, behind only China

IRCTC turns to AI-powered monitoring to improve train food hygiene

The AI setup is part of the newly established War Room at IRCTC's Delhi headquarters, and is aimed at fostering predictive interventions, according to Chairman and Managing Director Sanjay Kumar Jain

Govt defends FCI silo awards, says contracts were bid competitively

The Centre said Adani Agri Logistics and Leap India won the majority of FCI silo projects as the lowest bidders, rejecting allegations of unfair allocation

Centre's ₹9,585-cr green scheme for NCR may boost CV replacement demand

The two-year programme aims to replace over 2 lakh ageing trucks and buses across Delhi-NCR through interest subsidies, tax waivers and manufacturer discounts

CDSCO directs drugmakers to maintain pharmacovigilance systems

The drug regulator has asked central and state authorities to verify compliance with pharmacovigilance requirements during routine inspections and regulatory reviews

Odisha plans hydrogen-powered buses for Cuttack-Puri-Konark route

The state will deploy three hydrogen fuel cell buses under a ₹53.55-crore pilot project aimed at promoting clean mobility and advancing green hydrogen adoption

Urban middle-class demand under stress, consumption story intact

Nestle India's Manish Tiwary said inflation and muted wage growth are weighing on urban discretionary spending, though premium and rural demand remain resilient

Indian tyre exports hit record high in FY26 despite global challenges

Exports rose 9 per cent to ₹27,312 crore in FY26 as tyre makers expanded into new markets and strengthened manufacturing capacity despite trade and logistics challenges

Fuel exports decline to 930,000 bpd in May, lowest since 2022

India's refined fuel exports fell to a 31-month low in May as refinery maintenance, higher LPG output and stronger domestic demand reduced export availability