Page 256 - Industry News
HoABL denies forgery allegations by Macrotech, files police complaint
HoABL filed the complaint on April 3, 2025, and wrote a letter to the police on April 4, 2025. The complaint is not against any particular person
 "HoABL denies forgery allegations by Macrotech, files police complaint")
Manufacturers in India not overly concerned with US tariffs: IT Secy
The electronics and IT sector manufacturers are not "overly" concerned about the recent hikes in import duty by India's largest trading partner the US, a top government official said on Monday.
 "Manufacturers in India not overly concerned with US tariffs: IT Secy")
Trump tariff shadow looms over FY26 growth outlook of IT cos, say experts
Retail and manufacturing verticals are being called out by industry pundits as particularly vulnerable, amid global aftershocks, and market carnage
 "Trump tariff shadow looms over FY26 growth outlook of IT cos, say experts")
Cordelia Cruises to expand fleet with two ships from Norwegian Cruise Line
With this, Cordelia Cruises, operated through Waterways Leisure Tourism in India, will more than double its current capacity, enabling it to explore new regions
 "Cordelia Cruises to expand fleet with two ships from Norwegian Cruise Line")
Aviation watchdogs DGCA, BCAS, AAI grapple with manpower shortage
Nearly 48 per cent of the posts are vacant at the DGCA while it is 37 per cent in the case of the BCAS and the AAI
 "Aviation watchdogs DGCA, BCAS, AAI grapple with manpower shortage")
Industrial, logistics space leasing up 18% across 24 cities: Savills
Real estate consultant Savills India data showed that Tier-I cities accounted for 79 per cent of the leasing activities, while Tier-II and Tier-III cities contributed 21 per cent
 "Industrial, logistics space leasing up 18% across 24 cities: Savills")
PE in Indian realty continues to soften amid global headwinds: Anarock
From a peak of $6.4 billion in FY21, investment volumes declined to $3.7 billion in FY25
 "PE in Indian realty continues to soften amid global headwinds: Anarock")
Pvt equity inflow in Indian real estate down 3% to $3.7 bn in FY25: Anarock
Real estate consultant Anarock's arm Anarock Capital on Monday released its data of private equity (PE) deals in Indian real estate
 "Pvt equity inflow in Indian real estate down 3% to $3.7 bn in FY25: Anarock")
Hyatt to expand India footprint with 6 hotels, 1 new brand in 2025
The hospitality chain will focus on its lifestyle brands like JdV and Andaz, and intends to bring its recently-acquired lifestyle brand Standard Hotels to the country
 "Hyatt to expand India footprint with 6 hotels, 1 new brand in 2025")
Welspun One gets construction loan worth Rs 2.3K crore from Nabfid
The JNPA logistics park, spanning 55 acres, is Welspun One's largest logistics development in India
 "Welspun One gets construction loan worth Rs 2.3K crore from Nabfid")
Shrimp farming: Trump's tariffs shockwaves rock Andhra Pradesh shores
Trump's tariffs, falling shrimp prices, and fears of additional US levies, spark a crisis in the state's politically vital aquaculture sector. SHINE JACOB elaborates
 "Shrimp farming: Trump's tariffs shockwaves rock Andhra Pradesh shores")
India's industrial towns turn growth drivers for marquee hotel brands
States as well as the central government are also giving impetus to build infrastructure in and around these industrial hubs
 "India's industrial towns turn growth drivers for marquee hotel brands")
$20 bn IT contracts up for renewal amid GenAI wave, global uncertainties
These renewals are particularly significant as they come at a time when US-imposed tariffs and global macroeconomic uncertainties have created a cloud of uncertainties.
 "$20 bn IT contracts up for renewal amid GenAI wave, global uncertainties")
Trump tariffs: 3 in 4 CEOs want India to negotiate with US, shows BS poll
Seventy-three per cent of the respondents said they were not impacted by the Trump tariff, while the rest were divided equally between seeing it as an opportunity and expecting adverse impact
 "Trump tariffs: 3 in 4 CEOs want India to negotiate with US, shows BS poll")
Indian metal firms eye domestic growth, remain resilient to US tariffs
Domestic steel demand is forecast to grow by 10 per cent annually over the next few years. Similarly, aluminium demand is expected to grow at a CAGR of 7.2 per cent till 2030
 "Indian metal firms eye domestic growth, remain resilient to US tariffs")
India may emerge as low-tariff hub for US-bound consumer durable exports
Electronics makers begin talks with US importers; Dixon, Super Plastronics see opportunity
 "India may emerge as low-tariff hub for US-bound consumer durable exports")
India should expedite efforts to become full ICH member: ISCR president
Policymakers should establish dedicated clinical research units within premier institutions like Aiims and NIPERs, regulatory authorities too would need support in developing their domain expertise
 "India should expedite efforts to become full ICH member: ISCR president")
India's medtech industry goes local to develop high-end equipment
According to the Department of Pharmaceuticals' annual report for 2024-25, India imported medical devices worth $8.1 billion, while exports stood at $3.7 billion in the financial year 2023-24 (FY24)
 "India's medtech industry goes local to develop high-end equipment")
Warning lights flash for ER&D companies as auto sector runs low on fuel
ER&D downshifts on weak Q4, gloomy 2025; more downgrades loom
 "Warning lights flash for ER&D companies as auto sector runs low on fuel")
Aman Gupta backs Piyush Goyal's push for deep-tech focus in startups
Startup founders including Zepto CEO Aadit Palicha, Zoho founder Sridhar Vembu, and Paytm founder Vijay Shekhar Sharma have countered Goyal's comments
 "Aman Gupta backs Piyush Goyal's push for deep-tech focus in startups")