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Mumbai, April 1: Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. Snapping its two-day falling streak, the 50-share NSE Nifty climbed 348 points or 1.56 per cent t ...Read More >
PUNE, India, April 2, 2026 /PRNewswire/ -- EKA Mobility, a leading electric vehicles and technology company, today announced a strong 5X year-on-year volume growth in FY 2025-26, with 1,143 units sold and 1,344 electric commercial vehicles produced. This milestone comes on the back of the company's comprehensive electric vehicle portfolio across segments. During the year, EKA entered the M&HCV truck segment, in addition to its existing bus and SCV portfolio. The company is a Champion OEM under t ...Read More >
New Delhi, April 1 (SocialNews.XYZ) The government has adopted a structured and targeted policy for electronics manufacturing across the entire value chain including semiconductors and electronic goods production rose six times in a decade, an official statement said on Wednesday. India's electronics manufacturing sector has expanded significantly over the past 11 years. The electronic goods production rose to about Rs 12 lakh crore in 2024‑25 from roughly Rs 1.9 lakh crore in 2014‑15. Exports ...Read More >
New Delhi, Apr 1 (PTI) The production-linked incentive scheme to boost domestic mobile phone manufacturing received more than twice the target investment at Rs 17,519 crore, and total production has exceeded the target by 36 per cent at Rs 8.12 lakh crore, Parliament was informed on Wednesday. The data shared by minister of state for electronics and IT, Jitin Prasada in Lok Sabha shows that smartphones worth Rs 2.62 lakh crore, about USD 28 billion, were exported in 2025. "From being an import ...Read More >
MORBI (India), April 1 -- Blazing-hot kilns in India's US$6.5 billion (RM26.2 billion) ceramics manufacturing hub employing hundreds of thousands of people have gone cold, shut down in an energy crunch caused by the Middle East war. At a cavernous facility in Morbi, in India's western Gujarat state, a 200-metre-long propane-powered kiln that normally fires clay nonstop is silent. It is one of hundreds of plants supplying homeware tiles across the world that have been forced to suspend operation ...Read More >
New Delhi, April 1 (SocialNews.XYZ) India's industrial and warehousing sector recorded absorption of 18.5 million square feet in Q1 2026, marking a robust growth of 15.6 per cent year‑on‑year, a report said on Wednesday. The report from Savills India said that growth was led by the manufacturing segment, while Pune made a notable leap to become the second-largest contributor to overall absorption. Manufacturing accounted for 35 per cent of absorption (about 6.5 million square feet), up from 30 ...Read More >
The manufacture of condoms relies heavily on two critical inputs: silicone oil (used as a lubricant) and ammonia (essential for stabilising latex). The ripple effects of the ongoing US-Israel-Iran war in the Gulf region are now impacting an unlikely sector - India's Rs 8,000 crore worth condom manufacturing industry. According to a report by The Indian Express, disruptions in petrochemical supply chains have triggered shortages of key raw materials, affecting the country's condom manufacturing ...Read More >
New Delhi: Indians buying condoms could soon bear the brunt of the ongoing war in the Middle East between US-Israel and Iran. Condom prices are expected to jump as the multi-billion condom manufacturing industry in India is facing supply disruptions and rising costs of raw materials. Prices of ammonia (essential for stabilising latex) and silicone oil (used as lubricant) are likely to increase significantly due to global shortage triggered by the war. India's $1.7 billion contraceptive market ...Read More >
PNN New Delhi [India], April 1: Ratnaveer Precision Engineering Limited has informed the stock exchanges that the company has received approval under the Electronics Component Manufacturing Scheme (ECMS) for its Copper Clad Laminates (CCL) project. The approval letter was formally received by Managing Director Vijay Sanghvi from Ashwini Vaishnaw, Minister of Railways, Electronics & Information Technology and Information & Broadcasting, on March 30, 2026, in New Delhi. According to the company ...Read More >
Hundreds of ceramics manufacturing plants in India have shut down due to an energy crunch caused by the Middle East war Blazing-hot kilns in India's $6.5 billion ceramics manufacturing hub employing hundreds of thousands of people have gone cold, shut down in an energy crunch caused by the Middle East war. At a cavernous facility in Morbi, in India's western Gujarat state, a 200-metre-long propane-powered kiln that normally fires clay nonstop is silent. It is one of hundreds of plants supplyin ...Read More >
The India Sporting Goods Fair is set to boost the nation's sports manufacturing sector, showcasing diverse athletic gear and equipment while highlighting government initiatives to propel India into a global manufacturing hub. Key PointsThe 4th India Sporting Goods Fair (ISGF) will showcase a wide range of athletic gear and sports equipment from 75 exhibitors.The Indian government has allocated Rs 500 crore to promote sports goods manufacturing, aiming to boost exports.India aims to increase its ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. About 97% of the machines used to mine Bitcoin currently come from companies based in China. This heavy reliance on foreign technology has created a bottleneck at American ports and raised alarms about the long-term security of the network. To fix this, US Senators Bill Cassidy and Cynthia Lummis introduced the Mined in America Act. The bill aims to move the production of special ...Read More >
Mining production growth slightly improved to 3.1 per cent. ShowQuick Read Summary is AI-generated, newsroom-reviewed * India's industrial production rose 5.2% in February, driven by manufacturing growth * Factory output, measured by IIP, increased 2.7% in February 2025 * January 2026 industrial growth revised to 5.1% from earlier 4.8% estimate Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: India's industrial production grew 5.2 per cent in February, mainly due t ...Read More >
Addressing stakeholders, Secretary (Sports), Hari Ranjan Rao, outlined a transformative national goal: scaling India's sports goods exports from approximately ₹3,000 crore to ₹80,000 crore in the coming years. India has set an ambitious target to transform itself into a global hub for sports goods manufacturing, exports, and trade, as the 4th edition of the India Sporting Goods Fair (ISGF) 2026 opened at Yashobhoomi, Dwarka with strong industry and government participation. The three-day event ...Read More >
New Delhi [India], March 31: PAN Health has won the prestigious 'Excellence in Manufacturing - Healthcare & Pharmaceuticals' award at the 3rd Edition of the ET Entrepreneur Awards. Also Read | Oracle Layoffs: Abrupt 6 AM Job Cuts, No Warning Leave Employees Shocked. The ET Entrepreneur Awards is a benchmark platform recognising India's most visionary business leaders across sectors, celebrating excellence in innovation, resilience, and business transformation. The focus of the 2026 awards was ...Read More >
Apple's India journey is accelerating. The company is now a top smartphone player, with record revenues and shipments. Manufacturing in India has surged, making it a key production hub. Apple is expanding its retail footprint with new stores and investing in local operations. This growth signals a strategic long-term commitment, positioning India as a vital market for Apple's future. In the mid-1970s, long before he co-founded Apple, a young Steve Jobs travelled to India in search of spiritual ...Read More >
New Delhi, Mar 31 (PTI) Zetwerk Manufacturing Businesses has filed preliminary papers with markets regulator Sebi through the confidential route for an initial public offering (IPO) to raise between Rs 4,000 crore and Rs 5,000 crore. The proposed offering is expected to comprise a fresh issue of equity shares and an offer for sale (OFS) by existing shareholders, with details on issue size and valuation to be finalised through the book-building process, people familiar with the development said. ...Read More >
NEW DELHI, March 30 (Reuters) - India on Monday approved 29 proposals from various companies under its electronics component manufacturing program, with a total investment of 71.04 billion rupees ($751.21 million), the Electronics and Information Technology Ministry said. India has launched a series of incentive programs to attract global and domestic investors, expand local manufacturing capacity, reduce import dependence and strengthen supply chains as it looks to improve its electronics ma ...Read More >
New Delhi, Mar 30 (PTI) The government on Monday approved the fourth tranche of 29 proposals under the Electronics Components Manufacturing Scheme with a projected investment of Rs 7,104 crore, with IT Minister Ashwini Vaishnaw stressing that the industry must build in-house design capabilities and adopt Six Sigma quality standards to avail future support and incentives. The latest tranche includes approval for the Rare Earth Permanent Magnet facility by Lohum Cleantech, entailing Rs 700 crore ...Read More >
New Delhi: Union Electronics and IT Minister Ashwini Vaishnaw on Monday warned that companies failing to invest in product design and quality standards may lose government incentives under the Electronics Components Manufacturing Scheme (ECMS). Addressing industry players, the minister said disbursements could be halted even for approved projects if firms do not meet key requirements. "We are willing to stop further disbursements or approvals if the industry does not come up with commensurate e ...Read More >
NEW DELHI: The government has drawn a hard line under its electronics push, pairing fresh approvals worth thousands of crores with a blunt warning -- subsidies will not flow to companies that treat India as a factory floor without building design muscle.Signalling a shift from scale to strategic value, Union IT minister Ashwini Vaishnaw on Monday said firms under the Electronics Components Manufacturing Scheme must embed design, quality and engineering in India or risk losing support. The warnin ...Read More >
New Delhi, Mar 30 (PTI) The government on Monday approved the fourth tranche of 29 proposals under the Electronics Components Manufacturing Scheme with a projected investment of Rs 7,104 crore, with IT Minister Ashwini Vaishnaw stressing that the industry must build in-house design capabilities and adopt Six Sigma quality standards to avail future support and incentives. The latest tranche includes approval for the Rare Earth Permanent Magnet facility by Lohum Cleantech, entailing Rs 700 crore ...Read More >
Gandhinagar, March 30 (SocialNews.XYZ) Prime Minister Narendra Modi will visit Gujarat on March 31 to inaugurate the Samrat Samprati Museum at Koba Tirth in Gandhinagar, and launch several significant development projects across the state, covering cultural, technological, and infrastructural milestones. Speaking ahead of his visit, the Prime Minister said in a post: "The Samrat Samprati Museum is a testament to the rich legacy of Jainism and India's civilisational traditions. It will provide v ...Read More >
New Delhi, March 30 (SocialNews.XYZ) Industry leaders on Monday welcomed the government's strong push on design capability and quality standards under the Electronics Component Manufacturing Scheme (ECMS), calling it critical for scaling India's electronics ambitions. Industry participants at an event hosted by the India Cellular and Electronics Association (ICEA) to mark the fourth tranche of ECMS approvals said that the ECMS scheme reflects India's shift from policy intent to on-ground execut ...Read More >
New Delhi, Mar 30 (PTI) Electronics and IT Minister Ashwini Vaishnaw on Monday issued an ultimatum to electronics component industry to act swiftly on the Centre's key asks for a concrete plan on building design capabilities, achieving Six Sigma quality standards, and enhancing workforce skilling -- or else risk losing out on disbursements and new approvals under the Electronics Components Manufacturing Scheme (ECMS). After granting approvals to 29 proposals under ECMS entailing fresh investmen ...Read More >
New Delhi, Mar 30 (PTI) Prime Minister Narendra Modi will visit Gujarat on Tuesday where he will inaugurate a semiconductor plant at Sanand and lay the foundation stone, inaugurate and dedicate to the nation multiple development projects worth more than Rs 20,000 crore. The prime minister will also address a gathering after inaugurating the Samrat Samprati Museum in Gandhinagar at around 10 am. At 12.34 pm, Modi will inaugurate the Kaynes Semicon Plant at Sanand, Ahmedabad, marking the commenc ...Read More >
NEW DELHI: The government has drawn a hard line under its electronics push, pairing fresh approvals worth thousands of crores with a blunt warning: subsidies will not flow to companies that treat India as a factory floor without building design muscle. Signalling a shift from scale to strategic value, Union IT minister Ashwini Vaishnaw on Monday said firms under the Electronics Components Manufacturing Scheme (ECMS) must embed design, quality and engineering in India or risk losing support. The ...Read More >
New Delhi: India's ambition to become a global electronics manufacturing powerhouse received a significant boost as the government approved 29 fresh applications under the Electronics Component Manufacturing Scheme (ECMS), unlocking proposed investments worth Rs 7,104 crore. The latest approvals span 16 product categories, from antenna systems and capacitors to cutting-edge components such as rare-earth permanent magnets and lithium-ion cells, signalling a decisive shift toward deepening India's ...Read More >
The rare earth magnet project is being positioned as a key strategic move, with Union IT and Electronics Minister Ashwini Vaishnaw highlighting its indigenous foundation. The government on March 30 approved 29 projects worth Rs 7,104 crore under the Electronics Component Manufacturing Scheme (ECMS), including India's first rare-earth permanent magnet manufacturing facility with an investment of Rs 700 crore. The rare earth magnet project stands for its fully indigenous technology and intellect ...Read More >
New Delhi, March 30: India's industrial growth, based on the Index of Industrial Production (IIP), accelerated to 5.2 per cent in February this year, up from 4.8 per cent in January, propelled by strong growth in the manufacturing sector, according to data released by the Ministry of Statistics on Monday. Manufacturing drives growth The manufacturing sector, which accounts for more than three-fourths of the Index of Industrial Production (IIP), posted a robust 6 per cent growth during February ...Read More >
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