Page 34 - Industry News

At No. 4, VinFast racing towards podium finish in India EV market

Tesla, which also made its India debut in July 2025, is making inroads cautiously

With EU FTA, textile firms hope to surpass Bangladesh in European exports

India's textile and apparel industry expects the India-EU trade deal to boost exports, help Tiruppur overtake Bangladesh in Europe and revive growth after tariff-led losses

StatsGuru: Race against time - the quick-commerce economy never sleeps

As quick-commerce drops the 10-minute promise, India still leads the world in q-commerce firms, even as funding cycles and productivity trends shift

Learnability as a skill more critical than ever: Mphasis CEO Nitin Rakesh

As AI reshapes IT hiring, Mphasis has dropped campus recruitment, betting on internships, hackathons and learnability over credentials in the age of GenAI

PM Modi urges industry, start-ups to prioritise quality in Indian products

In his monthly 'Mann ki Baat' radio address, Modi said Indian products should be synonymous with top quality and urged the industry to manufacture zero-defect products

Govt extends aluminium can certification timeline, industry welcomes move

The DPIIT has deferred mandatory BIS certification timelines for aluminium food and beverage cans, giving relief to soft drink and beer companies facing supply constraints

Policy continuity, EV push key for auto sector in Budget: Skoda India CEO

MD and CEO Piyush Arora said reforms in duties, customs and continued policy support in the Union Budget would help strengthen India's automotive growth

Adani kicks off next growth phase of Vizhinjam Port with ₹16,000-cr plans

The port has rapidly emerged as a critical transshipment gateway on India's southern coast, benefiting from its natural depth and proximity to major east-west shipping lanes

Indian crew world's most abandoned seafarers in 2025, figures show

The ITF welcomed the Indian government's "blacklisting" measures to protect its seafarers from ships as a result of repeat abandonments and other bad practices

Gig union representatives meet Delhi CM, propose bill for workers

The demands include the formation of a dedicated Gig Workers Board to ensure improved working conditions and social security

India plans ₹5.8 trn investment in 100 Gw hydro pumped storage projects

India plans ₹5.8 lakh crore investment to build 100 GW of hydro pumped storage projects by 2035-36 to support large-scale renewable energy expansion

Myntra's Bansal, Flipkart's former exec Ranjan to launch edtech firm

Myntra co-founder Mukesh Bansal and ex-Google executive Peeyush Ranjan have launched Fermi, an AI-first STEM edtech platform targeting India and the US

Supreme Court seeks status report from CBI, ED on probe into RCom group

The plea contends that the FIR registered by the CBI in August 2025, along with parallel ED proceedings, addresses only a limited portion of the alleged wrongdoing

Gujarat, Odisha power discoms lead this year's performance rankings

Gujarat's power utilities and Odisha's private discoms emerged as top performers in the latest power ministry rankings, while utilities in Telangana and Jharkhand featured among the weakest performers

Centre mandates blue chip on all antimicrobial brand labels to counter AMR

In a gazette notification dated January 23, the Union health ministry proposed adding a new clause under Rule 95 of the Drugs Rules, 1945

Trai's exclusive numbering mandate raises concern on debt collection

TRAI's 1600-number mandate to curb fraud may raise lenders' collection costs and push NBFCs and banks back towards field-based debt recovery

CCI links JSW Steel, Tata Steel to price cartel via WhatsApp chats

India's antitrust watchdog found Tata Steel, JSW, SAIL and RINL shared price plans and coordinated output cuts, pointing to cartel-like behaviour

Dholera semiconductor plant to use ASML tech, says Ashwini Vaishnaw

Semiconductor plants being set up in Dholera will use lithographic tools of Dutch company ASML, Union Electronics and IT Minister Ashwini Vaishnaw said during his visit to its facility in Veldhoven on Friday.

AI likely to add $550 billion to India's GDP by 2035: PwC India study

PwC India estimates artificial intelligence could add $550 billion to key sectors by 2035, if adoption focuses on productivity, inclusion and sustainable growth

Over 1 billion Indian viewers may tune in to TV by 2029: IIM-A report

An IIM-A report says the growth may be led by rural, low-income states