Inchcape Shipping Services acquires major stake in Leth Suez Transit
LONDON : UK-based shipping servicer Inchcape Shipping Services has announced an investment for a majority stake in Leth Suez Transit (LETH) to strengthen operations. Through the acquisition, LETH aims to use Inchape’s global network
PLI scheme for automobile, auto components extended by 1 year, total outlay raised to Rs 25,938 crore
NEW DELHI : The Performance-Linked Incentive (PLI) Scheme for automobile and auto components industries has been extended by one year, the Union Ministry of Heavy Industries said on January 1. The total outlay of
Vibrant Gujarat Summit : State’s investment drive poised to boost employment opportunities
GANDHINAGAR : Gujarat’s commitment to progress is evident not only in its thriving economy but also in employment statistics, with the state having the labour force participation rate of 44.3 per cent and worker
FIEO appoints Israr Ahmed as New President
NEW DELHI : Mr. Israr Ahmed has taken over as the Officiating President of Federation of Indian Export Organisations (FIEO) after Dr A Sakthivel successfully completed his tenure as the chief. Mr. Israr Ahmed
World needs India to become reliable challenger to China’s supply-chain dominance: Anand Mahindra
NEW DELHI : The world needs India to become a reliable challenger to China’s supply-chain dominance, which will provide a great opportunity in 2024 and investment will flow into the country in unprecedented volumes,
Mobile phone exports at Rs 75,000 cr till Nov, on way to cross Rs 1,24,000 cr in 2024
NEW DELHI : Riding on the local manufacturing growth, mobile phone exports from the country have surpassed $9 billion (more than Rs 75,000 crore) from April to November in the current fiscal year, industry
Gujarat will get 11 more new greenfield airports in next five years
GANDHINAGAR : The Government of Gujarat signed an MoU with the Airports Authority of India (AAI), which includes the expansion of nine existing airports and construction of eleven new greenfield airports. The state government
From chip maker to car manufacturers, global firms flocking to Gujarat
AHMEDABAD : Though Gujarat has only about six per cent of India’s geographical area and nearly five per cent of the population, the state has become an engine of the country’s development with world-renowned firms coming here for
