ITeS MSMEs To Grow 7-9 Per Cent In FY2024-25
WEB5 hours ago · New Delhi, Oct 1 (KNN) The micro, small and medium enterprises (MSMEs) in India's information technology-enabled services (ITeS) sector are forecasted to experience robust growth in the current financial year, according to industry analysts. The sector is expected to expand by 7-9 per cent in rupee …
Manufacturing Surge Positions India for Rapid Economic Growth, …
WEB5 hours ago · New Delhi, Oct 1 (KNN) India’s industrial sector is witnessing unprecedented growth, positioning the country to achieve economic expansion beyond 9 per cent in the coming years, according to NITI Aayog CEO B V R Subrahmanyam. Speaking at a press conference following the release of the Annual Survey of Industries (ASI) by the Ministry of ...
Indian Pharma Industry Poised for 9-11% Revenue Growth in FY25: …
WEB5 hours ago · New Delhi, Oct 1 (KNN) Indian pharmaceutical companies are projected to experience a 9-11 per cent revenue growth in FY25, according to a report by credit rating agency ICRA. While this marks a solid performance, it represents a slight moderation from the 13-14 per cent year-on-year (Y-o-Y) increase seen in FY24, which was driven by higher demand and an influx of new product launches.
10 Years of Make in India: 1.48 Lakh Startups MSME Surge and Job ...
WEB5 days ago · New Delhi, Sep 26 (KNN) India has launched an average of one startup every hour for the past decade, generating around 15 lakh jobs, according to government data marking the 10th anniversary of the “Make in India” initiative. Launched on September 25, 2014, by Prime Minister Narendra Modi, the program aimed to revitalise India's manufacturing sector and position the country as a global ...
India's Current Account Deficit Marginally Widens to $9.7 Billion in …
WEB5 hours ago · Mumbai, Oct 1 (KNN) India’s current account deficit (CAD) widened slightly to USD 9.7 billion, or 1.1 per cent of GDP, in the first quarter of FY2024-25, compared to USD 8.9 billion (1 per cent of GDP) in the same period a year ago, according to data released by the Reserve Bank of India (RBI) on Monday. This represents a shift from the surplus of USD 4.6 billion (0.5 per cent of GDP ...
India's Consumer Durables Sector Poised for Export-Driven …
WEB4 hours ago · The consumer durables sector, which currently contributes 0.6 per cent to India's GDP, is projected to grow at an 11 per cent compound annual growth rate (CAGR) to reach Rs 3 trillion by 2028-29. This follows a 10 per cent CAGR during FY19-24, driven by factors such as increasing affluence, household penetration, premiumisation, and shorter ...
KNN India: India Exclusive MSME News, Events, Views and Blogs
WEBScindia Launches Cisco Manufacturing Unit in Tamil…. Tamil Nadu, Sep 28 (KNN) India is positioning itself as a global hub for telecommunications equipment manufacturing, according…. KNN India offering the India exclusive Micro, Small and Medium Enterprises (MSME) news, views, events and blogs.
India Emerges as Global Leader in Digital Public Infrastructure
WEBNew Delhi, Aug 29 (KNN) In a significant shift from its traditional role as a "rule-taker," India is now poised to become a key player in shaping global standards for digital financial technologies and Digital Public Infrastructure (DPI). This development marks a pivotal moment in India's technological evolution and its growing influence on the world stage.
India Boosts Drone Manufacturing Incentives by 37.5% to Achieve …
WEBNew Delhi, Jul 29 (KNN) In a significant move to propel India's drone industry forward, the central government has increased its allocation for business incentives by 37.5 per cent, raising the total to Rs 165 crore over the next three years. This substantial boost underscores India's ambitious plan to become a leading global drone centre by 2030. The Production-Linked Incentive (PLI) scheme ...
India Charts Path To Net-Zero With Comprehensive Energy …
WEBNew Delhi, Apr 4 (KNN) A comprehensive study on India's energy transition pathways to achieve net-zero emissions by 2070 was unveiled at a high-level meeting, on Wednesday. The report, titled “Synchronizing energy transitions towards possible Net-Zero for India: Affordable and clean energy for All,” was prepared by the Indian Institute of Management Ahmedabad (IIM-A) and sanctioned by the ...