Navi Mumbai, Feb 18 (IANS) Express transportation company FedEx announced on Wednesday that it will invest over Rs 2,500 crore in setting up a fully automated cargo hub at Navi Mumbai International Airport in partnership with the Adani Group. “The Rs 2,500 crore long-term investment by FedEx will support the proposed 300,000 sq. ft. facility, designed as a regional consolidation and redistribution hub and developed in partnership with Adani Airport Holdings Ltd. (AAHL),” according to a FedEx sta…
Latest MSMEs News & Updates
Kolar, Feb 17 (IANS) Defence Minister Rajnath Singh said on Tuesday that India’s collaboration with France is limitless, asserting that the sky is not the limit to nation’s mutually beneficial partnership. ”India and France are trusted strategic partners,” he said.He remarked, “We witnessed a milestone in the India-France partnership as Prime Minister Narendra Modi and French President Emmanuel Macron digitally unveiled the final assembly line of H125 helicopters. My congratulations to the …
Kolar, Feb 17 (IANS) Karnataka Large and Medium Industries Minister M B Patil announced on Tuesday that 500 H125 light helicopters will be manufactured over the next 20 years at the country’s first private-sector helicopter assembly facility. Prime Minister Narendra Modi and French President Emmanuel Macron virtually inaugurated the unit from Lok Bhavan in Maharashtra on Tuesday.The minister stated that the commencement of operations marks a historic milestone for the state.Patil noted that…
New Delhi, Feb 17 (IANS) Indian exporters can look forward to better days ahead as trade conditions improve, Department of Financial Services (DFS) Secretary M. Nagaraju said on Tuesday. Speaking on the sidelines of the 10th edition of ‘Exim Bazar’ organised by Export-Import Bank of India here, he said that with the US tariffs reduced from 50 per cent to 18 per cent, and key trade agreements with the United States and the European Union nearing completion, the future of Indian exports, espec…
New Delhi, Feb 17 (IANS) Former NITI Aayog CEO Amitabh Kant on Tuesday stressed that artificial intelligence (AI) must be designed and governed as public infrastructure, just like India’s digital public infrastructure, so that its benefits reach every section of society.Speaking at the “AI for the Next Billion” session organised by CEEW India during the India AI Impact Summit 2026 here, Kant said AI should be accessible, affordable, multilingual and accountable.He underlined that technolog…
New Delhi, Feb 17 (IANS) The Apparel Export Promotion Council (AEPC) on Tuesday said the latest ready-made garment (RMG) figures show resilience of Indian apparel exporters, who continue to navigate challenging international conditions.On a cumulative basis, RMG exports during April–January 2025-26 stood at $13,129.1 million, registering a growth of 1.6 per cent over the corresponding period of April–January 2024-25 and a significant growth of 13.3 per cent compared to April–January 2023-2…
New Delhi, Feb 16 (IANS) India’s combined merchandise and services exports recorded a 13.16 per cent increase to $80.45 billion in January this year, compared with $71.09 billion in the same month of the previous year, data released by the Commerce Ministry on Monday showed.The country’s merchandise exports rose 0.6 per cent year-on-year to $36.56 billion in January, despite the global economic uncertainties, the data showed.Cumulative exports of both merchandise and services (April–January)…
New Delhi, Feb 15 (IANS) Placing Micro, Small and Medium Enterprises at the heart of India’s growth strategy, the Union Budget 2026–27 has unveiled a comprehensive plan to help MSMEs scale up, compete globally and integrate deeper into domestic and international markets through financial, policy and professional support, according to the official statement on Sunday.The Union Budget 2026–27 has underlined the government’s commitment to strengthening Micro, Small and Medium Enterprises as…
New Delhi, Feb 15 (IANS) M Nagaraju, Secretary, Department of Financial Services (DFS), has stressed upon the need to enhance the Credit-GDP ratio — making our financial institutions more agile and exploring new ways of financing at a larger scale in line with the goals of Viksit Bharat.Speaking at a ‘Chintan Shivir’ of the DFS in Coorg, Karnataka, he stated that the ideas generated during the session will pave the way for a shared vision and plan of action for the Department and its finan…
Bengaluru, Feb 14 (IANS) A two-day Chintan Shivir of the Department of Financial Services (DFS), Ministry of Finance, was held in Coorg, Karnataka, on February 13 and 14, 2026.The primary objective of the Chintan Shivir was to encourage fresh perspectives and generate creative ideas towards achieving the goal of Viksit Bharat by 2047, and to define the role of financial institutions in supporting this vision.Experts from public policy and practitioners from various fields of finance presented th…