Seoul, Jan 5 (IANS) Hyundai Motor Group Executive Chair Euisun Chung said on Monday the artificial intelligence (AI)-driven industrial transition will create greater growth opportunities for the group, while calling for faster decision-making supported by clear and timely communication.In a pre-recorded New Year’s roundtable with senior executives, Chung said the group’s extensive data on “moving physical assets” such as vehicles and robots, along with its manufacturing process data, constitutes…
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Amaravati, Jan 2 (IANS) Andhra Pradesh has firmly established itself as India’s leading investment destination, capturing a remarkable 25.3 per cent of all proposed investments in the first nine months of the financial year 2025-26, according to a report by Bank of Baroda. The state now stands well ahead of peers such as Odisha (13.1 per cent) and Maharashtra (12.8 per cent), signalling a decisive shift in India’s industrial and investment momentum toward the eastern and southern corridors.T…
Gandhinagar, Dec 31 (IANS) With an aim to ensure uniform economic development across all districts and further strengthen Gujarat’s contribution to the national economy, Chief Minister Bhupendra Patel has directed officials to work towards increasing district-wise GDP, thereby accelerating the overall growth rate of the state, spokesperson minister Jitu Vaghani said. Addressing a press conference after a cabinet meeting held in Gandhinagar, Vaghani said the Chief Minister emphasised that Gujar…
New Delhi, Dec 28 (IANS) Prime Minister Modi on Sunday called upon states to encourage manufacturing, boost Ease of Doing Business and strengthen the services sector with the aim of making India a Global Services Giant, while also urging them to focus on boosting food exports.On the concluding day of the three-day Fifth National Conference of Chief Secretaries in the national capital, the Prime Minister shared his vision on how Centre and states can collectively work to make India Aatmanirbhar, …
New Delhi, Dec 28 (IANS) India’s ambition to become a strong maritime power is no longer just a long-term goal — it is clearly visible along its 7,500-kilometre coastline. Ports that were once modest trade gateways are now busy hubs of economic activity, handling growing volumes of cargo and supporting India’s push for manufacturing, exports, and global competitiveness, as per India Narrative report.But as port activity expands, a critical question has come to the forefront: how can growth …
New Delhi, Dec 25 (IANS) Strengthening business linkages and sustained investment flows between India and Nepal are expected to drive bilateral trade into a new growth phase, with volumes likely to double by 2030, according to an article in Nepalese media. Bilateral trade remains the most visible and measurable pillar of India–Nepal economic relations, reflecting both geographic proximity and deep-rooted interdependence.India accounts for over 64 per cent of Nepal’s total trade, underscoring i…
New Delhi, Dec 24 (IANS) The Quality Council of India (QCI) on Wednesday announced a comprehensive set of next-generation quality reforms on the eve of Sushasan Divas 2025, aimed at strengthening India’s quality ecosystem. Drawing from operational experience and evolving stakeholder needs, the reforms are aimed at having a transformative impact across sectors such as healthcare, laboratories, MSMEs and manufacturing, according to a statement issued by the Commerce and Industry Ministry.System-…
New Delhi, Dec 24 (IANS) India’s industrial and logistics sector continued its strong post-pandemic growth trajectory in 2025, recording its highest-ever annual absorption of 76.5 million square feet, marking an 18.6 per cent year-on-year increase, a report showed on Wednesday.Backed by proactive government policies, the manufacturing segment has continued to be the strongest demand driver, accounting for 22 million sq. ft. (29 per cent) of total absorption in 2025 — up from 22 per cent in 20…
New Delhi, Dec 23 (IANS) Net foreign direct investment (FDI) in India nearly doubled to $6.2 billion during April‑October from $3.3 billion a year earlier, primarily due to fall in repatriation of foreign capital despite a rise in outward FDI, an official statement has said.The RBI’s December Monthly Bulletin said gross inward FDI rose marginally to $58.3 billion in April‑October from $50.5 billion a year ago, and remained steady in October with Singapore, Mauritius and the United States a…
Washington, Dec 23 (IANS) American companies operating in Bangladesh continue to take a long-term view of the country’s economic prospects, even as it approaches national elections, Atul Keshap said in his capacity as President of the US-Bangladesh Business Council. “Bangladesh is going into an election in the next couple of months, and we wish them well with that,” Keshap said, stressing that the process was “a matter for the people of Bangladesh to decide.”Speaking on behalf of Ameri…