Siemens Boosts Manufacturing Capacity to bolster Make in India Initiative
Monday, February 24,2025
The Ministry of Investment, Trade and Industry (Miti) ended a one-day investment mission to Singapore with RM2.8 billion in pledged Foreign Direct Investment (FDI).
In a significant blow to India's export sector, the nation may face a substantial dent of around $30 billion in total exports for the current fiscal year due to escalating threats to cargo vessels in the Red Sea.
In an effort to attract chip-makers participating in the Centre's $10 billion chip subsidy plan, the Tamil Nadu government has announced a new chip policy.
The significance of railway subsystems in the mobility sector reflects India's burgeoning prospects in new-age manufacturing.
India is projected to grow at 6.2% supported by robust domestic demand and strong growth in the manufacturing and services sectors in 2024, the United Nations said.
The global PVC roller shutter market is expected to grow at a 7.2% CAGR from 2023 to 2031. According to Transparency Market Research, the total sales income for PVC roller shutters will reach US$ 5.9 billion by the end of 2031.