Bhubaneswar, April 8 (IANS) Chief Minister Mohan Charan Majhi on Wednesday inaugurated and laid the foundation stones for 36 industrial projects with investments worth Rs 40,811 crore at Bhuinpur near Begunia in Khordha. Of these, 25 projects were inaugurated, while foundation stones have been laid for 11.While addressing a public meeting on the occasion, the Chief Minister said that Odisha is no longer just a state with vast potential but is now experiencing the touch of prosperity. He…
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New Delhi, April 7 (IANS) FMCG companies should adopt contingency‑led supply‑chain planning, portfolio consolidation and revenue growth management to counter risks to India’s consumer products and retail industry from the US–Iran war, a report said on Tuesday.The report from EY India also urged sharper resource allocation, localisation, and backward integration across value chains.Sectors most exposed to oil, petrochemicals and global shipping—edible oils, textiles, paints, packaged fo…
New Delhi, April 2 (IANS) The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA), which completed four years on Thursday since it was first signed, has played a key role in propelling India’s exports and enhancing trade between the two countries.The agreement, signed on April 2, 2022, has created new opportunities for businesses, entrepreneurs, and employment in both countries over the last four years. India’s exports to Australia have more than doubled, rising from $4 b…
Chandigarh, March 25 (IANS) Haryana Chief Minister Nayab Singh Saini on Wednesday met Ambassador (Extraordinary and Plenipotentiary of Russia) Denis Alipov here and held detailed discussions aimed at further strengthening bilateral engagement and exploring new avenues of cooperation between Haryana and Russia. The meeting began with a general review of the longstanding and time-tested partnership between India and Russia. A significant part of the discussions focused on the prospects for exp…
Jaipur/Bhopal, March 21 (IANS) In a significant push to strengthen inter-state economic ties, Madhya Pradesh Chief Minister Mohan Yadav addressed Rajasthan’s investors in Jaipur on Saturday, declaring the two states as “natural partners” and “twin brothers” poised to transform Central India into an industrial powerhouse. Highlighting shared heritage, cultural bonds such as the traditional ‘Roti-Beti’ relationship, and a new water-sharing alliance through the ambitious “Parvati-Kalisindh-Chamba…
Bhopal, March 19 (IANS) In a bid to seek investment and industrial establishment in Madhya Pradesh, Chief Minister Mohan Yadav will participate in a business event to be held at ITC Rajputana at Jaipur in Rajasthan on March 21, government officials said on Thursday.The Chief Minister will interact with the industrialists and he will highlight investment opportunities, new industrial policies and robust infrastructures in the state, according to an official statement from the state government.The…
New Delhi, March 18 (IANS) India is rapidly climbing the global economic ladder and will likely overtake Germany to become the world’s third‑largest economy by the end of the decade but sustaining that rise will require a sharper focus on manufacturing, job creation and artificial intelligence, a new report has said.The Boston Consulting Group said in the report that India will soon overtake Japan in nominal gross domestic product to become the world’s fourth‑largest economy, adding that…
New Delhi, Feb 26 (IANS) India Inc. is expected to sustain year‑on‑year revenue growth of 8–10 per cent in Q4 FY26 and expand operating profit margins by 50–75 basis points, supported by firm rural demand and a gradual urban consumption recovery, a report said on Thursday.The report from ratings agency ICRA said the credit metrics are expected to remain healthy, with interest coverage ratio likely at about 5.3–5.5 times, broadly stable compared to 5.3 times in Q3FY26.”Domestic rural de…
Bhilwara (Rajasthan), Feb 26 (IANS) Bhilwara witnessed a significant event, an “Interactive Session on Investment Opportunities in Madhya Pradesh”, on Thursday as the Chief Minister of central Indian state extended a warm invitation to Rajasthan’s industrialists to expand their ventures into his state and stressed regional cooperation in growth sectors.Addressing a gathering of prominent business leaders, Madhya Pradesh Chief Minister Mohan Yadav emphasised the historic and cultural ties between…
Mumbai, Feb 26 (IANS) India has 30 high-potential industrial and warehousing hotspots, driven by infrastructure expansion, manufacturing growth and policy push, according to a new report released on Thursday.Eight out of 30 high-potential cities are already established markets, as Colliers identified 22 additional emerging and nascent hubs.It identified multiple high-potential cities based on industrial hubs identified by the government and an in-house analytical framework built around five key …