Post Tagged with: "government of india"

ATMA SPOTLIGHTS TYRE INDUSTRY TRENDS

ATMA SPOTLIGHTS TYRE INDUSTRY TRENDS

The Automotive Tyre Manufacturers Association (ATMA), representing 95% of India’s tyre industry, convened its Annual Conclave in New Delhi on February 16, 2024. Anshuman Singhania, Chairman of ATMA India, outlined ambitious goals to increase tyre exports to over USD 5 billion by 2030, positioning India among the top three global tyre hubs. He noted the significant growth in Indian tyre[Read More…]

by April 25, 2024 Newscast
Schaeffler India Signs MoU with Tamil Nadu Government for new plant to expand Hosur operations

Schaeffler India Signs MoU with Tamil Nadu Government for new plant to expand Hosur operations

PRESS RELEASE Highlights MoU signed for greenfield expansion with an investment of INR 3000 million over 4 years New facility will expand the production footprint in Hosur for transmission components and systems Promote tangible economic and social benefits to the people of Tamil Nadu November 23, 2021, | Coimbatore Schaeffler India Limited, a leading industrial and automotive supplier, today signed[Read More…]

by November 26, 2021 Press Release
RBI Bi-monthly Monetary Policy

RBI Bi-monthly Monetary Policy

In the June 04, 2021 announcement, Reserve Bank of India (RBI) Governor Shaktikanta Das urged the people at large to not be overwhelmed by the current situation but resolve to collectively overcome it. The Governor informed of the repo rate left unchanged at four per cent and the reverse repo rate fixed at 3.35 per cent. The RBI projection for[Read More…]

by July 5, 2021 Uncategorized
Bullish on exports

Bullish on exports

The Government of India is bullish on exports. Piyush Goyal, Minister of Railways and Minister of Commerce and Industry expressed that the government is confident of realising the ambitious target of USD 400 billion merchandise shipments on the back of encouraging figures over April and May (period under consideration until May 07’ 2021). For instance, India’s exports in April jumped[Read More…]

by June 4, 2021 Newscast