As per the data shared by the ACMA, trade in auto components between India and the United States has continued to expand over the past five financial years, reflecting strengthening industrial ties between the two countries. India's exports of auto components to the US rose from USD 3,561 mi
The current president of the Telangana unit of the party N. Ramchander Rao, said on Saturday that India and the United States have reached an agreement on a Framework for an Interim Trade Agreement, a landmark decision that is expected to expand India's global economic footprint and creat
He highlighted that the announcement by US President Donald Trump to reduce Indian tariffs to 18 per cent is a central component of this breakthrough. "It has brought a sense of relief to those who were concerned about the very high tariffs of 50 per cent that have been in place since Septem
A major component of this initiative is a five-month fintech and insurtech hybrid training program. The first cohort of students graduated today from this program, which was developed in collaboration with the National University of Singapore's Asian Institute of Digital Finance. To support
"Manufacturing matters for currency strength, for lower cost of capital, and also in today's world, manufacturing has taken on a strategic dimension," Nageswaran said while addressing the PHD Chamber of Commerce and Industry's (PHDCCI) post-Budget session.
Memani noted that the United States, the world's largest economy, is also India's largest trading partner, with total Indian exports to the US estimated at around USD 80-90 billion annually. Of this, nearly 50-60 per cent, roughly USD 50 billion, comes from labour-intensive sectors such as g
The three-time increase in allocation for the Production Linked Incentive (PLI) scheme for automobiles and auto components in the Union Budget 2026 is likely to significantly support electric vehicle (EV) penetration and localisation of component manufacturing, according to a report by Axis
Welcoming the budget, India Cellular and Electronics Association (ICEA) said in a statement that, "the sustained focus on electronics manufacturing, the launch of India Semiconductor Mission (ISM) 2.0, and the significant expansion of the Electronics Component Manufacturing Scheme (ECMS) rea
Union Commerce and Industry Minister Piyush Goyal on Sunday described the Union Budget 2026-27 as a visionary document that establishes the groundwork for India to become a developed nation or "Viksit Bharat" by 2047. Speaking to the media post the Budget 2026 session, Goyal stated that t
For the labour-intensive textile sector, Finance Minister Nirmala Sitharaman proposed an integrated programme with key components. The Minister emphasised that the first pillar of her plan, the National Fibre Scheme, is aimed at "achieving self-reliance in natural fibres like silk, wool,
Mumbai (Maharashtra) [India], January 31: Mitsu Chem Plast Limited (Mitsu, The Company) (BSE:540078), one of the leading global manufacturers of Blow Molded & Injection Molded products and a specialist in Hospital furniture components, Infrastructure Products, Packaging Bottles Drums, Jerry