Finance Minister Nirmala Sitharaman's budget proposal to exempt basic customs duty on imported aircraft components aims to boost India's aviation manufacturing and MRO sector, attracting global partnerships.
Star Air has been honored with the Best Airline Regional UDAN Connectivity Award for its exceptional service in connecting tier-2 and tier-3 cities across India, enhancing regional aviation infrastructure.
India's manufacturing sector activity witnessed a slight recovery in January 2024, with the Purchasing Managers' Index rising to 56.5 from December's 54.9, indicating continued expansion.
Surat's textile and diamond sectors, along with the Southern Gujarat Chamber of Commerce and Industry, have praised the Union Budget 2026. Key announcements include SEZ reforms, a Self Reliant India fund, and initiatives for MSMEs and textiles.
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Kia India reports robust January 2026 sales of 27,603 vehicles, marking 10.3% year-on-year growth. Strong demand for new-generation Seltos, Sonet, and Carens Clavis drives performance.
India's manufacturing sector activity witnessed a slight recovery in January, with the HSBC India Manufacturing PMI rising from 55 in December to 55.4, indicating continued expansion.
Maruti Suzuki's inclusion in India's EV PLI scheme promises to accelerate electric vehicle manufacturing, enhance incentive utilization, and support the nation's transition to cleaner transportation.
Volkswagen India has unveiled an aggressive product strategy for CY2026, confirming five new model launches including the Tayron R-Line SUV, facelifts, and the electric ID Polo.
VinFast announces ambitious global growth plan for electric scooters, prioritizing India, Philippines, Indonesia, Thailand, and Malaysia with battery-swapping models and retail expansion by 2027.
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Finance Minister announces India Semiconductor Mission 2.0 to build domestic capabilities in semiconductor equipment, chemicals, and gases, targeting a $400 billion market by 2030 amid global AI-driven supply bottlenecks.
India is rolling out new tax incentives to attract major global electronics manufacturers, aiming to boost domestic production and position the country as a global hub for electronics manufacturing.
The explosive growth in AI infrastructure is creating intense competition for metals like copper and aluminium, squeezing margins for automakers like Maruti Suzuki and Hyundai.
Nagpur receives major ₹5,000 crore allocation as a Growth Hub in Union Budget 2026-27, positioning it alongside Mumbai and Pune for economic transformation.
Industry bodies largely praised Union Budget 2026 as a pragmatic roadmap for manufacturing, MSMEs, tech, and healthcare, while highlighting urgent needs for small businesses like exit policies and import substitution.
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Union Finance Minister announces India Semiconductor Mission 2.0 with Rs 40,000 crore outlay. Experts say Gujarat will benefit significantly due to existing investments and infrastructure.
Union Finance Minister Nirmala Sitharaman announced doubling the outlay for electronics components manufacturing scheme to Rs 40,000 crore in Budget 2026-27 to strengthen domestic supply chains.
India's ISM 2.0 initiative targets domestic capabilities in the $400 billion semiconductor equipment market by 2030, leveraging global AI-driven demand shifts and supply chain diversification.
Finance Minister Nirmala Sitharaman announces seven high-speed rail corridors, a new freight corridor, and rare earth corridors in mineral-rich states to boost connectivity and mining.
Union Budget 2026-27's focus on infrastructure, clean energy, and manufacturing is creating indirect growth opportunities for auto component makers who have diversified into non-auto segments like railways, defence, and construction equipment.
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Union Budget 2026-27 allocates Rs 12.2 lakh crore for capital expenditure, with Railways and Highways sectors receiving Rs 2.78 lakh crore and Rs 2.94 lakh crore respectively, accounting for nearly 47% of total infrastructure spending.
Charles Fawcett's 2015 bulk order of 240 Land Rover Defenders, made with borrowed money, transformed into a £50M business through bespoke restorations. The risky investment defied industry expectations.
Madhya Pradesh's textile fortunes are set to rise with Budget 2026's mega textile parks initiative, leveraging the state's organic cotton dominance and MSME growth for value-added manufacturing.
The Union Budget 2026-27 introduces a comprehensive manufacturing-first approach, doubling electronics allocation to Rs 40,000 crore and launching India Semiconductor Mission 2.0 with urban hubs.
Pune's transformation into a biologics and biosimilars hub accelerates with Budget 2026's Biopharma SHAKTI initiative. Experts highlight the city's potential to drive India's global ambitions in complex drug manufacturing.
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The death toll from the oxygen cylinder explosion at a Jaipur industrial unit has risen to three after another injured worker succumbed to injuries. The blast caused extensive damage and is under police investigation for negligence.
Union Budget's comprehensive textile sector package, including Mega Textile Parks and fibre schemes, promises to boost Rajasthan's textile hubs like Bhilwara and Jaipur through investment, modernization, and export growth.
The effective implementation of Jammu & Kashmir's industrial policy on the ground is set to benefit people across multiple sectors, boosting economic growth and employment opportunities in the region.
A stretch outside T-Series office in Noida's Film City has deep potholes and uneven patches, slowing traffic and posing accident risks. Media professionals and commuters demand urgent repairs from Noida Authority.
MSME associations in Trichy region welcome Union Budget 2026 announcements, highlighting electronics manufacturing boost, enhanced credit guarantees, and export incentives while expressing disappointment over dry port omission.
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The National Dairy Research Institute in Karnal has signed a memorandum of understanding with the Central Institute of Medicinal and Aromatic Plants in Lucknow to enhance agricultural research and innovation in India.
