January 30, 2026
India’s manufacturing strategy is increasingly being framed as a tool for economic stability, supply chain security, and global influence, rather than only for job creation or import substitution, according to the Indian government’s Economic Survey 2025–26. The Survey positions manufacturing exports, input cost competitiveness, and selective indigenisation as central to India’s next phase of economic […]
January 30, 2026
India’s space economy is valued at an estimated USD 8.4 billion, with 399 start-ups currently active across launch vehicles, satellites, propulsion systems and space-grade electronics, according to statements made in Parliament on 29 January 2026. The expansion follows policy reforms introduced after 2019 that opened the sector to private participation and established new institutional mechanisms […]
January 28, 2026
India has concluded a Free Trade Agreement (FTA) with the European Union, marking a significant step in its engagement with one of its largest economic partners. The agreement was announced on 27 January 2026 at the 16th India–EU Summit held in India and is expected to expand bilateral trade, investment, and regulatory cooperation across a […]
January 21, 2026
The Government of India has withdrawn the Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024, removing the proposed mandatory Bureau of Indian Standards (BIS) certification requirement for a broad range of machinery and plant equipment with immediate effect. The withdrawal cancels the planned enforcement that was scheduled to begin on 1 September 2026 […]
January 14, 2026
Automotive Component Manufacturers Association of India (ACMA) said India’s auto component industry recorded steady growth in the first half of FY26, supported by domestic demand and a resilient aftermarket, even as exports faced pressure from higher tariffs in key overseas markets, particularly the United States. Automotive Component Manufacturers Association of India (ACMA) reported that industry […]
January 13, 2026
The Ministry of Heavy Industries concluded 2025 with a sustained focus on strengthening India’s capital goods and machine manufacturing ecosystem, alongside continued scale-up of electric vehicle and battery programmes, as multiple incentive and technology schemes recorded measurable outcomes during the year. Implementation of the Scheme on Enhancement of Competitiveness in the Indian Capital Goods Sector […]
January 5, 2026
Motherson Electronic Components Private Limited (MECPL), a wholly owned subsidiary of Samvardhana Motherson International Limited, has secured government incentives under the Electronics Components Manufacturing Scheme (ECMS) for manufacturing enclosures for the consumer electronics industry in India. The incentives apply to investments planned over a six-year period from financial year 2025–26 to financial year 2030–31 and […]
January 3, 2026
The Government of India has approved 22 proposals under the third tranche of the Electronics Components Manufacturing Scheme (ECMS), with a projected investment of INR 418.63 billion and expected generation of 33,791 direct jobs. The approvals are aimed at expanding domestic electronics component manufacturing and strengthening supply chains across key electronics segments. According to a […]
December 29, 2025
India has notified operational guidelines for two shipbuilding initiatives—the Shipbuilding Financial Assistance Scheme and the Shipbuilding Development Scheme—aimed at expanding domestic shipbuilding capacity and improving global competitiveness. The combined budgetary outlay for the two schemes stands at INR 447 billion, with validity until 31 March 2036 and an in-principle extension envisaged up to 2047. In […]
December 1, 2025
The Government of India has detailed a series of initiatives aimed at strengthening research and development in the defence manufacturing sector, outlining expanded funding, new collaboration mechanisms and broader industry access to defence technologies. According to the statement, the Defence Research and Development Organisation (DRDO) has intensified engagement with private industry by expanding the Development […]
