Indian Industry

Strong global interest in industrial cities: NICDC chief Rajat Kumar Saini

East Asian and European investors keen to engage with infrastructure programme, says Rajat Kumar Saini

Indian industry must join journey toward developed nation: N Chandrasekaran

Indian industry needs to rise to the occasion and participate in the journey of achieving the vision of a developed nation at a time when the country is rolling out several reforms, Tata Sons Chairman N Chandrasekaran said on Thursday. Speaking at the symposium organised by the Indian Foundation for Quality Management (IFQM), he stressed the need for collective efforts, closely with the vision of the Prime Minister Narendra Modi in multiple dimensions to achieve the goals of 'Viksit Bharat'. "If India is to achieve its goals of economic, social, infrastructure and inclusive growth, the main purpose of Viksit Bharat, then we need to be working closely with the vision of the honorable Prime Minister in multiple dimensions," Chandrasekaran noted. He further said the country is embarking on the journey at a time when the world is going through several challenges in terms of macroeconomic stability, geopolitical conflicts, leading to supply chain issues, production issues, and mobility o

Driven by record M&A volumes, India deal activity hit $15.9 bn in August

M&A deals in India during the month were led by Schneider Electric and Tata Motors' cross-border acquisitions, pushing M&A volumes to record, while PE activity moderated in value

Remembering Lord Swraj Paul: A legacy of resilience, leadership, generosity

Lord Swraj Paul's life and contributions defined resilience and leadership. From building the Caparo Group to supporting education and healthcare, his legacy endures

Align skill development programmes with local needs: House committee

A parliamentary panel has asked the skill ministry to match training programmes with local job demands, speed up skill gap reports, and improve PMKVY's industry alignment

Indian semiconductor market may grow over two-fold to ₹9.6 trillion by 2030

India's semiconductor market is expected to more than double to grow in the range of USD 100-110 billion by 2030 according to industry estimates, an official statement said on Sunday. The Indian semiconductor market was about USD 45-50 billion in 2024-2025 against USD 38 billion in 2023, the statement said, citing industry estimates. "As per industry estimates, the size of the Indian semiconductor market was about USD 38 billion in 2023, USD 45-50 billion in 2024-2025 and is expected to reach USD 100-110 billion by 2030," the statement said. A detailed statement highlighting the need for semiconductors, efforts of the government and response from the industry cited the crisis faced by various technology segments especially by the automobile industry due to dependency on select geographies during the Covid pandemic and stressed on the need for developing India as trusted partner in the global supply chain. "Currently, countries like Taiwan, South Korea, Japan, China and US dominate

Enact legislation to ensure time-bound delivery of services: CII

Industry lobby CII on Sunday called for the enactment of a central legislation to guarantee time-bound delivery of services to businesses by Union ministries, with penalties for delays or deficiencies and a strong grievance redressal framework. This reform, it argued, is crucial for strengthening regulatory certainty, enhancing predictability and improving the overall ease of doing business in India. A key challenge remains the uncertainty on timelines for approval, which creates delays and cascading costs. Addressing this issue would strengthen confidence and support more timely and predictable service delivery, the Confederation of Indian Industry (CII) stated. "Despite commendable initiatives to mandate timelines in a range of areas, businesses continue to face procedural delays, regulatory uncertainty and non-adherence to timelines, significantly affecting operational efficiency and long-term investment planning. Absence of strictly enforced timelines is also felt in areas such

India Inc's profit boom has a name: It's called the Herfindahl Index

What is the Herfindahl-Hirschman Index (HHI), and what does it say about competition, monopolies, and industry growth in India

India's quick commerce market seen tripling to ₹2 trillion by FY28

India's quick commerce market is projected to grow rapidly, reaching Rs 2 lakh crore by FY28, driven by rising adoption in Tier II and III cities, better delivery networks, and demand for instant fulf

EY launches AI academy to boost GenAI skills across Indian industries

Consulting firm EY has launched an AI Academy to support enterprises in upskilling talent and helping them build critical AI capabilities. The move comes at a time when there is a widespread discussion about how the advent of AI can unlock potential for productivity and economic gains. A study released by EY, earlier this year, projected that by 2030, AI adoption could transform 38 million jobs, driving a 2.61 per cent productivity boost to the Indian economy through gains in the organised sector and a potential for another 2.82 per cent with the adoption of Gen AI by the unorganised sector. The report, in January 2025, stated that 24 per cent of tasks across industries have the potential for full automation, while another 42 per cent can be enhanced through AI, freeing up 8-10 hours per week for knowledge workers. In a release on Thursday, EY said: "As Artificial Intelligence (AI) and Generative AI (GenAI) continue to disrupt job roles, EY has launched AI Academy to support ...

Japanese team to visit India to aid battery industry with technology

Both nations already have partnerships related to lithium battery technology

India Inc on high alert despite tensions with Pakistan under control

Companies unlikely to roll back employee safeguard measures in a hurry

'US-UK FTA can serve as launch pad for Indian firms to enter US mkt'

MEA's Dammu Ravi says Indian firms can leverage the US-UK trade pact to expand into American markets, but cautions on supply chain gaps and infrastructure hurdles

Investing into the slowdown: Industry optimism defies weak signals

The value of new manufacturing capacity added in the last 12 months is the highest in at least 14 years

Why India must end its Inspector Raj to compete in global manufacturing

From factories to e-commerce warehouses, overzealous quality checks are choking trade and killing jobs-India must dismantle this outdated system to stay competitive

Reciprocal levy: Working to remove additional US tariffs, says Piyush Goyal

Goyal advised Indian industry and exporters not to route outbound shipments to the United States (US) through countries with lower reciprocal tariffs imposed by Washington

Reciprocal US tariffs prompt India, others to lower duties: Donald Trump

The statement came just days before Trump plans to outline country-based reciprocal tariff plans on April 2 to counter "unfair trade practices" that, according to him, have hurt America for decades

Trump reciprocal tariff: Which Indian sectors will be impacted from April 2

From auto to tech: What sectors will be most impacted by Trump reciprocal tariffs that will go into effect on April 2

Piyush Goyal asks industry players to be bold, focus on turning competitive

Union Commerce and Industries Minister Piyush Goyal on Thursday asked the industry players to be bold and focus their energies on turning competitive, rather than depending on the government for support. Speaking at an event organised by the IMC Chamber of Commerce here, Goyal asked till when will the industry depend on the "crutches" of subsidies, high import duties and other similar protectionist measures. "Till when can we look up to the government (for support)? Or, till when can we win on crutches of subsidies and support, incentives, high import duties, the protectionist mindset, and being very defensive in our engagement with the world?" "We as a nation will have to decide to get out of this protectionist mindset and weak-kneed thinking", Goyal said, wondering if Michael Porter's seminal work on competitive advantage is relevant only till industry leaders are in business schools. Competitiveness will come from the industry's ability to innovate, upgrading manufacturing ...

Industries hold key to achieving India's Space Vision: Isro chief Somanath

ISRO Chairman S Somanath said on Friday that industries have a phenomenal role to play in achieving India's Space Vision 2047, rolled out by Prime Minister Narendra Modi. ISRO chairman-designate V Narayanan also echoed the same view. In his pre-recorded inaugural speech, at the biennial National Aerospace Manufacturing Seminar (NAMS) 2025, Somanath said that the industries will face significant challenges as their collaboration with the space programme is going to increase substantially. One of the challenges would be the regular production of rockets, satellites and other systems required for the space programme and the other would be engineering, manufacturing and supplying items like new space crafts and systems, miniature electronics, large propulsion tanks and engines, he said. "They have to be produced in numbers to meet the tight schedules," he added. He said the task was a huge one as the strength of the space community in the public sector was not increasing ...