Saint-Gobain plans to invest approximately ₹11,000 crore over five years in India, focusing on sustainable, high-performance building systems, and expanding its regional manufacturing footprint. Saint-Gobain is preparing a fresh push in India, with plans to invest about ₹11,000 crore over…
India’s Department of Pharmaceuticals has approved ₹1,600 crore to support 41 innovative projects in drug discovery and medtech, aiming to strengthen the country’s research landscape and attract private investment to turn groundbreaking ideas into market-ready solutions. India’s Department of Pharmaceuticals…
India’s services industry saw its fastest expansion in three months in September, supported by increased domestic demand and a recovery in export orders, according to HSBC’s PMI data. India’s services sector gathered pace in September, with a private survey showing…
India is set to overhaul its telecom production-linked incentive scheme, shifting focus from final assembly to manufacturing key components and fostering a more resilient domestic supply chain, with a comprehensive plan expected in early 2028. India is preparing to reshape…
India prepares to launch a successor to its telecom production-linked incentive scheme, aiming to boost local component manufacturing, reduce import reliance, and sustain the sector’s strategic growth amidst record investments and job creation. India is preparing to extend its support…
India’s foreign-exchange reserves have fallen for the first time in over five years after a record stretch of growth, highlighting the central bank’s ongoing efforts to support the rupee amid rising oil prices and global investors trimming exposure. India’s foreign-exchange…
Microsoft has launched its fourth cloud region in Hyderabad, featuring water-free cooling and targeting enterprise demand, as the company continues significant investments in India’s digital and AI infrastructure. Microsoft shares were little changed after the company brought its India South…
India’s manufacturing sector shows significant growth in output and capital investment in 2024-25, but employment gains are lagging, painting a picture of increasing capital intensity and regional disparities amid a narrow industry focus. India’s registered factories added jobs in 2024-25,…
The Goods and Services Tax Council is deliberating a proposal to classify contract manufacturing for overseas firms as exports, aiming to resolve long-standing place-of-supply mismatches and align with international best practices, potentially transforming the treatment of services like manufacturing and…
Shyam Metalics & Energy has announced a proposed ₹50,000 crore integrated steel complex in Chandrapur, Maharashtra, potentially transforming the region’s industrial future and creating thousands of jobs amid ongoing project approvals. Shyam Metalics & Energy has signed a memorandum of…
Daimler India Commercial Vehicles is redefining its Chennai facility from a domestic producer to a key hub for engineering, sourcing, and exports, reflecting a broader shift towards supply chain resilience and technological adaptability in the commercial vehicle sector. Daimler India…
India’s June quarter saw the highest foreign direct investment in 15 years, yet a significant proportion of this money is being repatriated or invested abroad, raising questions about the sustainability of the country’s FDI boom. India’s foreign investment story in…
