manufacturing hub News

India's Finance Minister Denies US Pressure, Highlights Ongoing Customs Duty Reductions

Finance Minister Nirmala Sitharaman denies US pressure on customs duty reductions, emphasizing policy alignment with India's development goals. The government has rationalized cust...

India's Remarkable Leap: From Importer to Exporter of Apple Components

India has transitioned from an importer to an exporter of Apple product components, marking a significant shift in the global supply chain. With the support of the government and t...

High Industrial Electricity Costs Undermine India's Global Manufacturing Ambitions

The Economic Survey highlights the impact of high industrial electricity costs on India's global competitiveness. With a 10-25% markup over supply costs, Indian industries face cha...