Page 4 - Industry News

FSSAI mandates 'vegan' logo on all approved food packages from July 2027

Detailed diagrams specifying the logo, including size, placement, and colour standards, were provided in the notification to guide manufacturers

Glenmark launches Lacosamide injection in US, targets $15.2 million market

Company's Lacosamide Injection, available in single-dose vials, is a generic version of UCB's Vimpat; reference drug recorded annual sales of $15.2 million

CDSCO flags banned antibiotics in shrimp exports amid rising rejections

Regulator seeks state-wise enforcement data as EU, US and Japan reject consignments linked to over 40 farms

World in a flux but current era belongs to India: Birla at RSS event

At RSS headquarters in Nagpur, Kumar Mangalam Birla highlighted self-reliance, entrepreneurship and the role of industry in achieving the Viksit Bharat vision

Realty developers focus on cash flows as housing cycle enters mature phase

Shift away from launch-heavy pipelines seen in the last couple of years, say industry insiders

Retail's rightsized moment comes with outsized bets on new consumers

Tier-II & Tier-III consumers reshaping how brands think about space, expansion, store economics

Centre's ₹19k crore Bengal maritime plan expected to generate 62k jobs

West Bengal's ₹19,209-crore maritime pipeline aims to boost the blue economy, strengthen logistics and create over 62,000 jobs

Reserve Bank of India issues compounding order in Myntra Designs FEMA case

Walmart-owned online fashion retailer paid Rs 2.88 lakh to settle alleged contraventions related to overseas investment reporting and commitments

Inox Clean to acquire Vena Energy India's 6 GW renewable portfolio

The acquisition will expand Inox Clean Energy's operating and near-operational renewable portfolio to around 4 GW and take its development pipeline beyond 12 GW

Uzbekistan eyes Indian pharma firms to achieve $10 bn output by 2035

The Central Asian nation is offering tax breaks, infrastructure support and regulatory incentives as it seeks to become a pharmaceutical manufacturing hub for the CIS region

India, UK launch observatory to track critical minerals supply chains

The joint platform will monitor global critical mineral supply chains, identify risks and support policymaking amid growing demand from clean energy and advanced manufacturing sectors

Govt targets 75 lakh rooftop solar installations by December: Pralhad Joshi

Rooftop solar installations crossed 40 lakh in May, with the government targeting 1 crore households under the PM Surya Ghar Muft Bijli Yojana by March 2027

Amazon brings Kaziranga's conservation-linked products to buyers nationwide

Amazon India has partnered with Kaziranga National Park and Tiger Reserve to market over 230 eco-friendly products made by local communities through its Karigar platform

Rajasthan govt allocates over ₹68 crore for construction of rural roads

Rajasthan sanctions ₹68 crore for 79 rural road projects covering 151.75 km across five constituencies to improve connectivity and spur growth

Digital adoption raises productivity, aids formalisation: SBI Research

SBI Research says greater ICT adoption among informal enterprises boosts labour productivity, accelerates formalisation and improves access to formal credit

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