In a major push to strengthen India’s position as a global electronics manufacturing hub, the Union Cabinet has approved a comprehensive incentive package worth ₹62,500 crore aimed at expanding domestic mobile phone manufacturing and developing a stronger electronics supply chain. The decision marks another significant step in the government’s long-term strategy to increase local production,...
Gujarat has achieved a major milestone in its ongoing efforts to attract investments and accelerate industrial development, with the first three regional investment conferences collectively securing Memorandums of Understanding (MoUs) worth approximately ₹13.3 lakh crore. The development highlights the state’s growing appeal as a preferred destination for domestic and international investors and reflects its broader...
Prime Minister Narendra Modi is set to inaugurate and lay the foundation stones for a series of major infrastructure projects worth approximately ₹18,000 crore in Surat, marking one of the largest development initiatives announced for the city in recent years. The projects are expected to significantly enhance urban infrastructure, transportation networks, public services, and economic...
Godrej Aerospace is aiming for a significant business expansion this fiscal year, projecting nearly 30% growth in revenue as demand accelerates across India’s defence, aerospace, and aviation industries. To support its growing order pipeline and long-term manufacturing ambitions, the company has announced plans to establish a new production facility outside Mumbai. The move reflects the...