Sambandh Portal: Central Ministries Cross FY25 MSE Procurement Target By Wide Margin
Central ministries exceeded their FY25 MSE procurement target by over 94%, as per the MSME Ministry’s Sambandh portal.
India’s Services Sector Expands Strongly In May; Job Creation Hits Record High
India’s services sector saw solid growth in May, with firms reporting notable gains in activity, hiring, and overseas demand.
IKEA To Increase India Local Sourcing To 50%; Strengthen Global Supply Links
IKEA has announced plans to increase local sourcing in India from 30% to 50%, boosting both domestic and global supply.
Adani Ports Starts Operations At Colombo West Terminal; Promises Jobs And Growth
Adani Ports and Special Economic Zone Ltd (APSEZ) has started operations at the Colombo West International Terminal (CWIT) in Sri Lanka.
PLI Auto Scheme Boosts India’s Automotive Manufacturing And Global Integration
The Ministry of Heavy Industries has highlighted the PLI Auto Scheme as a game-changer for India's automotive manufacturing sector.
India’s Food Processing Industry Sees Robust Growth Under Make In India Initiative
India’s food processing industry is witnessing impressive growth, largely driven by the government’s Make in India initiative.
India’s Private Sector Economy Ends Fiscal Year Strong; Driven By Manufacturing Growth
India’s private sector economy concluded the 2024/25 fiscal year on a strong note, with continued expansions in new business intakes.
Industry Lauds Centre For Rs 14,020 Crore Disbursal Under PLI Scheme
The government disbursed Rs 14,020 crore under the PLI scheme, boosting manufacturing and driving Rs 14 lakh crore in sales.
PLI Scheme Boosts FDI In India’s Manufacturing Sector
The PLI scheme has significantly boosted FDI in India’s manufacturing sector, with equity inflows rising by 69% from 2014 to 2024.
India’s Economy Rebounds To 6.3% Growth; Driven By Government Spending
A Reuters poll estimates India's economy grew 6.3% last quarter, aided by higher government spending despite weak household demand.
