Page 258 - Industry News
Indian petroleum product exports escape Trump's reciprocal tariffs
The US is India's largest exporter, with total outbound trade reaching $60 billion in the April-December period of FY25
 "Indian petroleum product exports escape Trump's reciprocal tariffs")
Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers
Office segment drove one-third of the institutional inflows during the first quarter of 2025, at $ 0.4 billion worth of investments
 "Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers")
India threads trade advantage as US reciprocal tariffs fray textile majors
The advantage could grow if trade negotiations lead to zero-duty cotton imports. Under Trump's tariff plan, Vietnam's textile exports will face a 46% duty, Bangladesh's 37%, and China's 54%
 "India threads trade advantage as US reciprocal tariffs fray textile majors")
Ultra-luxury home sales grow 483%, affordable segment falls: Knight Frank
Knight Frank says premium housing drove sales in Q1CY25
 "Ultra-luxury home sales grow 483%, affordable segment falls: Knight Frank")
US reciprocal tariffs: An opportunity for TN in jolt to US footwear majors
According to industry experts, the higher tariffs on China and Vietnam will turn out to be most beneficial for Tamil Nadu
 "US reciprocal tariffs: An opportunity for TN in jolt to US footwear majors")
From construction sites to factory floor, Indian firms battle heat
For industries like steel manufacturing, where extreme temperatures are part of daily operations, structured heat management protocols are crucial
 "From construction sites to factory floor, Indian firms battle heat")
Indian medical devices industry calls USA's 27% tariff challenge for growth
The new tariffs may impact India's medical devices exports, said Rajiv Nath, forum coordinator for the Association of Indian Medical Device Industry (AiMeD)
 "Indian medical devices industry calls USA's 27% tariff challenge for growth")
CCI chief Ravneet Kaur given additional charge of NFRA chairperson
Kaur will serve as NFRA chairperson till the appointment of a regular incumbent or until further orders whichever is earliest, according to the Appointments Committee of the Cabinet
 "CCI chief Ravneet Kaur given additional charge of NFRA chairperson")
'Protectionism leads nowhere': China on US tariffs; vows countermeasures
Trump announced reciprocal tariffs on Chinese imports on Wednesday as part of sweeping measures aimed at reshaping American trade policy
 "'Protectionism leads nowhere': China on US tariffs; vows countermeasures")
Rajasthan govt to establish tourism fund with Rs 5,000 cr allocation
The fund, to be called the Rajasthan Tourism Infrastructure and Capacity Building Fund (RTICF)
 "Rajasthan govt to establish tourism fund with Rs 5,000 cr allocation")
Govt tightens steel procurement rules to favour domestic manufacturing
The new rules under the "Domestically Manufactured Iron And Steel Products Policy 2025" mandates all agencies under government to prioritise locally manufactured iron and steel products
 "Govt tightens steel procurement rules to favour domestic manufacturing")
Startup Mahakumbh 2025: Registration, time and what's new this year?
Piyush Goyal, the commerce minister, launched the second edition of "Startup Mahakumbh" today. About 3,000 companies, more than 1,000 investors and incubators from 50 countries will participate
 "Startup Mahakumbh 2025: Registration, time and what's new this year?")
Towns, small cities contribute nearly 35% of Uttar Pradesh's total startups
UP - with more than 14,000 startups - is among India's leading startup ecosystems
 "Towns, small cities contribute nearly 35% of Uttar Pradesh's total startups")
Odisha govt lost Rs 864.45 crore mineral revenue during 2015-22: CAG report
Rs 885.70 crore towards DMF and EMF on royalty was to be realised in the state, during 2016-22. However, the authorities in charge of public projects in 14 districts had realised only Rs 21.25 crore
 "Odisha govt lost Rs 864.45 crore mineral revenue during 2015-22: CAG report")
Govt examines US tariff move, seeks feedback from exporters: Commerce Dept
India is among countries on which Trump has imposed substantial tariffs, ranging from 46 per cent on Vietnam to 17 per cent on the Philippines, which will kick in from April 9
 "Govt examines US tariff move, seeks feedback from exporters: Commerce Dept")
Semiconductors escape US tariffs, easing concerns for chip industry
Semiconductors were spared Trump's reciprocal tariffs, reflecting their key role in global supply chains, say industry experts
 "Semiconductors escape US tariffs, easing concerns for chip industry")
Trump tariffs redraws export map: Where do Indian exporters win and lose?
Donald Trump' 27 per cent tariff on India may be better positioned compared to key competitors such as China, Vietnam, Bangladesh, and Indonesia. Here's how
 "Trump tariffs redraws export map: Where do Indian exporters win and lose?")
Office space leasing rises 74% in Jan-Mar across top 8 cities: Knight Frank
Among eight major cities, Knight Frank data showed that the gross leasing of office space in Bengaluru jumped more than three times to 127 lakh square feet during January-March 2025
 "Office space leasing rises 74% in Jan-Mar across top 8 cities: Knight Frank")
Housing sales up 2% in Jan-Mar in 8 cities on strong demand: Knight Frank
Knight Frank data showed a marginal increase in sales during the latest March quarter, contrary to PropEquity and Anarock reports
 "Housing sales up 2% in Jan-Mar in 8 cities on strong demand: Knight Frank")
Indian gems, jewellery industry calls Trump tariff 'significant burden'
Industry group urges Indian government to secure bilateral trade agreement with US
 "Indian gems, jewellery industry calls Trump tariff 'significant burden'")