Nothing 2025 07 10T150111.255

India launches first semiconductor plant: Tata teams up with Taiwan to reduce chip import dependency

In a landmark development set to reshape India’s electronics manufacturing ecosystem, Prime Minister Narendra Modi inaugurated the country’s first indigenous semiconductor fabrication facility in Dholera, Gujarat. The facility is a joint venture between Tata Electronics and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC), marking India’s formal entry into the high-stakes global semiconductor manufacturing industry. The Tata-PSMC…

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Nothing 2025 07 10T140932.340 1

Regulatory Overload: MSMEs Face Rs 13 Lakh Yearly Compliance Costs, Over 1,000 Regulations, And High Jail Risk, Says Report

India’s micro, small and medium enterprises (MSMEs), the backbone of the nation’s employment and manufacturing sector, are grappling with a regulatory ecosystem that is becoming increasingly burdensome, a recent comprehensive report has revealed. According to the study conducted by TeamLease RegTech, MSMEs in India are subject to over 1,000 complex regulations with an annual compliance…

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Nothing 2025 07 10T135900.605

No visibility on magnet imports, auto component makers fear stock out within two months: ACMA President

India’s auto component industry is staring at an imminent crisis as magnet imports, critical for electric vehicles (EVs) and advanced automotive electronics, face severe supply disruptions. According to Vinnie Mehta, Director General of the Automotive Component Manufacturers Association of India (ACMA), the industry currently has no visibility on magnet import consignments and could exhaust existing…

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Nothing 2025 07 10T133447.692

India’s petroleum and liquid fuel production set to hit 5.94 million barrels per day in 2026

India is poised to witness a significant rise in its petroleum and other liquid fuel production, with estimates projecting a jump to 5.94 million barrels per day (bpd) in 2026. This development is aligned with the government’s strategic vision to reduce import dependency, enhance energy security, and strengthen its position as a refining and export…

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Nothing 2025 07 10T133156.848

Copper imports skyrocket, net forex outflows hit $8.3 billion in FY25

India’s copper imports have surged to unprecedented levels in FY25, resulting in a net foreign exchange outflow of $8.3 billion, as per preliminary trade data compiled by industry bodies and government sources. The sharp rise in imports comes amid domestic production constraints and robust demand recovery across sectors such as power, renewables, electric vehicles (EVs),…

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Nothing 2025 07 10T132350.993

FTAs with Australia, UAE, UK to provide greater market access to Indian agri sector: Goyal

In a strong statement highlighting the importance of international trade partnerships, Union Commerce and Industry Minister Piyush Goyal said that Free Trade Agreements (FTAs) signed with Australia, the United Arab Emirates (UAE), and the upcoming pact with the United Kingdom (UK) will open up greater market access opportunities for India’s agriculture sector. Addressing an industry…

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Nothing 2025 07 10T131153.763

Subscribe for Smartworks Coworking Spaces Ltd IPO; Anand Rathi

The upcoming Initial Public Offering (IPO) of Smartworks Coworking Spaces Ltd has garnered strong recommendations from brokerage house Anand Rathi, which has issued a ‘Subscribe’ rating citing the company’s robust business model, leadership in the managed workspace segment, healthy occupancy levels, and promising growth outlook. Smartworks IPO details Smartworks Coworking Spaces Ltd, India’s largest provider…

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Nothing 2025 07 10T125632.506

Prostarm Info Systems shares jump 11%, stock rallies 62% in a month since market debut

Shares of Prostarm Info Systems Ltd surged over 11% in intraday trade on Tuesday, continuing their upward trajectory since the company’s market debut last month. The stock has delivered an impressive rally of nearly 62% within a month, reflecting strong investor interest and optimism around its business outlook. Strong debut and sustained rally Prostarm Info…

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