India's calibrated trade engagement with the United States and the European Union is set to strengthen the country's auto component exports and support its emerging battery and advanced manufacturing ecosystem, Heavy Industries Minister HD Kumaraswamy said today.
While speaking on the sidelines of the 5th Global Electrification and Mobility Summit organised by the Society of Indian Automobile Manufacturers (SIAM), Brar said, "On the rare earth metals, there's a corridor across seven states, which is very positive. But it has just been announced. Once
In response to an ANI question on the status of exports of electronic products and components, Piyush Goyal said, "Smartphones to the US will be exported on zero duty under the trade arrangements."
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
"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
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
New Delhi [India], January 30: ACMA Automechanika New Delhi 2026, India's largest ever sourcing expo for aftermarket and auto components, will take place from 5-7 February 2026 at Yashobhoomi (IICC), Dwarka, marking its largest edition to date with over 870+ exhibitors from 20 countries.