India readies plan for $4 billion Tesla-scale battery storage plants

India will need 6 gigawatt-scale plants of 10GWh each by 2025 and 12 by 2030 Apart from EVs, such battery storages will cater to the consumer electronics industry and electricity grids, given the intermittent nature of electricity from clean energy sources New Delhi: India is putting the final shape on a plan to build at … Read more

Cogoport Adds Refrigerated Shipping Services In Major Development For India’s Burgeoning Reefer Industry

Sogoport – India’s leading digital freight logistics business – has announced a major boost for shippers with the launch of refrigerated (reefer) cargo services to and from destinations across the globe. Customers requiring cold storage shipping can now compare rates and book reefer containers through a host of partner shipping lines on the Cogoport e-freight … Read more

Raksha Mantri approves participation of private sector industries apart from OFBs and DPSUs for RM’s Awards for exellence

In a major boost to the ‘Make in India’ initiative in Defence and Aerospace sector, Raksha Mantri Shri Rajnath Singh accords approval to allow Private Sector industry compete with Ordnance Factories and Defence Public Sector Units (DPSUs) for the prestigious Raksha Mantri’s Awards for Excellence. This is a significant departure from the past wherein only … Read more

Lucknow to host Asia’s biggest arms show ‘DefExpo’ in February 2020

NEW DELHI: The Defence Ministry has selected Lucknow to conduct Asia’s biggest defence exhibition in 2020. The state capital of Uttar Pradesh will conduct the 11th DefExpo from February 5th to 8th next year. Making it official the Ministry of Defence on Sunday tweeted, “The 11th biennial edition of DefExpo India- 2020 is scheduled to … Read more

Commerce & Industry Minister Shri. Piyush Goyal for making GeM portal more simple to attract MSME players

Commerce and Industry Minister Shri. Piyush Goyal has directed officials handling public procurement portal GeM to make it more simple, less time consuming and attractive to attract vendors, especially from the MSME sector. The minister’s directive came during a meeting Thursday to review and formulate an action plan for Government e-Marketplace (GeM) to achieve a … Read more

Nearly half of India’s exports came from MSMEs in FY19, up from 7.5% in FY18

Share of exports of products related to India’s micro, small and medium enterprises (MSME) during the year 2018-19 stood at 48.10 per cent as per the information from Directorate General of Commercial Intelligence and Statistics. The jump in the share has been impressive from the preceding year (FY18) when MSME exports contributed only 7.5 per … Read more

India’s spatial development challenge needs attention

Will India’s growth remain concentrated in mega-cities or will it shift to secondary cities and small towns? For India, a faster pace of spatial development is vital to enable the country to take full advantage of its demographic dividend afforded by its young population. With 12 million people joining the country’s labour force every year, … Read more

New Space India Limited incorporated to tap benefits of ISRO: Sitharaman

A new public sector enterprise, New Space India Limited (NSIL), has been incorporated to tap benefits of the Indian Space Research Organisation (ISRO), said Union Minister Nirmala Sitharaman while presenting her maiden Budget in the Lok Sabha on Friday. “India has emerged as a major space power. It is time to harness our ability commercially. … Read more

केंद्रीय मंत्री गडकरीजी का वादा : आर्थिक विकास को प्रोत्साहन देने और रोजगार सृजन के लिए काम करेगा MSME मंत्रालय

नयी दिल्ली : केंद्रीय मंत्री नितिन गडकरी ने मंगलवार को कहा कि एमएसएमई मंत्रालय और वाणिज्य मंत्रालय के साथ मिलकर देश में आयात किये जा रहे ऐसे सामानों की पहचान करेगा, जिनके देश में ही विनिर्माण के लिए सूक्ष्म, लघु एवं मध्यम उपक्रमों को प्रोत्साहित किया जा सकता है. गडकरी ने यहां सूक्ष्म, लघु और … Read more

Cabinet Minister Shri. Nitin Gadkari plans to boost number of MSMEs in India; bats for existing schemes

Nitin Gadkari, Union Minister for Micro, Small, and Medium Enterprises (MSMEs) said in the Rajya Sabha that the ministry aims to increase the number of MSMEs in India on a sustainable basis through various schemes and programmes, according to a government release. Gadkari added that the ministry is providing better credit facility, technology upgradation, and skilling … Read more