Manufacturing sector expected to reach $1 trn by 2025-26 led by Gujarat
NEW DELHI : The Indian manufacturing sector is experiencing a surge in investments, marking a significant milestone in the nation’s economic landscape. According to a report by Colliers, this has poised India’s manufacturing market
Indian Govt is likely to address inverted duty structure for certain products in Budget
NEW DELHI : The government is likely to address the issue of inverted duty structure for certain products in the forthcoming Budget to boost domestic manufacturing, an official said. Inverted duty structure refers to
India’s National Highway network hits new milestone, marking significant growth
NEW DELHI : NH network in the country increased from about 91,287 km in March, 2014 to about 1,46,145 km at present with focus on development of High-Speed Access Controlled Corridors and 4 Lane
Mahindra set to drive in its first electric truck in 2025
MUMBAI : Leading domestic automaker Mahindra & Mahindra is developing its inaugural range of electric light commercial vehicles (LCVs) to position itself in a fiercely competitive segment that is transitioning from conventional fuels to
Lars Sorensen appointed as Senior Managing Director, Region Middle East of Hapag-Lloyd
HAMBURG : From January 1, 2024, Mr. Lars Sorensen will become Senior Managing Director Region Middle East based in Dubai, AE, Hapag-Lloyd. He will be succeeding Mr. Dheeraj Bhatia, who will become a new
Effects of COP28 on the shipping industry
DUBAI : In particular, in an article published on LR website, Mr. Hayden Walmsley notes that industry sees the opportunities, not just the challenges as the maritime industry’s outlook has shifted, significantly. The The COP28
Bernhard Schulte orders its first CO2 tanker
HAMBURG : Bernhard Schulte expands its fleet portfolio and announced the order of its first CO2 tanker. The newbuilding will be constructed at Dalian Shipbuilding Offshore (DSOC) and will feature innovative technologies significantly reducing its
Ship building and repair clusters will be developed in coastal cities : Sonowal
NEW DELHI : Speaking at the Deloitte India Government Summit 2023, MoPSW Shri Sarbananda Sonowal said the India Middle East Europe Economic Corridor (IMEEC) plan will encompass building next generation mega ports in India.