Page 6 - Industry News

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

India's solar boom eases daytime demand, but night shortages persist

India's grid is increasingly managing daytime demand through solar power, but evening shortages show why storage and flexibility are now critical

CEOs quitting general insurance firms to pursue entrepreneurial ventures

Some of the sector's most experienced professionals have moved away from established institutions and found funding support coming from the private equity side

Domestic demand drives India's growth momentum despite challenges: HUL

HUL, which owns popular brands as Surf excel, Dove, Horlicks, Lifebuoy, Lakme, and Brooke Bond is investing decisively in its future, reimagining its business with the consumer at the centre

JioStar bets big on AI-generated shows after success of Mahabharat

JioStar, a joint venture between Reliance Industries Ltd. and Walt Disney Co., is planning a slate of series that would be written, animated, voiced and edited entirely by artificial intelligence

India's high-stakes push for sovereign AI faces funding, infra hurdles

India's ambition to build and export a sovereign AI template across the world is colliding with various structural constraints

Organised aesthetic clinics set to gain from tighter rules on Botox

CDSCO's move can lead to the formalisation of more than 35,000 skin clinics, stop the mushrooming of single-operator setups run by unqualified practitioners

Automotive body trims export PLI red tape after industry pushback

The testing agency has eased domestic value addition certification norms for export models after automakers argued that additional paperwork increased compliance burdens

Geopolitical uncertainty slows MSME credit growth: CRIF High Mark

CRIF High Mark said MSME credit growth moderated amid global uncertainty, while early-stage stress surfaced among micro borrowers, manufacturing firms and working-capital loans

It's return of the natives as Indian techies' American dream fades

The flow of Indian technology professionals to the US is slowing, while the number returning to India is rising amid visa uncertainty, weaker hiring, and shifts in the global tech job market

CCI orders probe into Mrs India Inc for alleged anti-competitive practices

CCI has ordered a probe into Mrs India Inc over allegations that it imposed unfair, restrictive and exploitative contractual terms on pageant participants

Power ministry reviews steps to strengthen grid stability as demand rises

The ministry discussed transmission planning, storage systems, grid resilience and renewable energy integration to ensure stability as electricity demand continues to grow

Beyond forecasting: Can AI help Indian cities fight heatwave better?

AI is moving beyond heatwave forecasts into urban planning, healthcare and power management, but experts warn gaps in data, governance and access still remain

From BPO to robo-BPO: Why robotics labs may need Indian homes, factories

Experts say India could become important hub for physical AI services, but only if companies go beyond basic data collection and build higher-value capabilities in robotics, simulation, infrastructure

India's public cloud spending to grow 28% to $17.5 billion in 2026: Gartner

Gartner said strong enterprise demand for AI-ready infrastructure, application modernisation and scalable IT models will drive India's next phase of cloud spending

Regulator likely to take benign view of Bharti Airtel postpaid plan

Trai is inclined to view Airtel's 5G priority postpaid plans as compliant with net-neutrality norms, while continuing to monitor their impact on users

RIICO invites bids for private industrial parks at 9 Rajasthan locations

RIICO, Rajasthan industrial parks, Industrial Park Promotion Policy 2026, private industrial parks, Rajasthan investment, industrial infrastructure, PPP industrial parks, RIICO land allocation, indust

Seamless pipe industry urges PM Modi to curb imports, save foreign exchange

The development assumes significance in the wake of Prime Minister Modi's call for energy conservation and austerity measures amid the West Asia crisis