Examining India’s State Capex Performance in 2023-24
India’s latest capital expenditure (capex) estimates from March indicate that the states of Telangana, Haryana, Andhra Pradesh, Bihar, Jharkhand, and Madhya Pradesh are on track to achieve their budgeted targets. Tracking capex performance has value as such expenditure has multiplier effects in terms of asset creation, raising productivity, and generating jobs.
PM Narendra Modi Virtually Inaugurates the 3 New Semiconductor Units on March 13
Three new plants from the Tata Group and CG Power-Renesas join Micron in advancing the manufacturing capacity in India’s semiconductor sector.
India, EFTA Sign TEPA Deal: Key Benefits Negotiated
India has linked tariff concessions with investment obligations in its Trade and Economic Partnership Agreement (TEPA) with the EFTA nations. We look into the fine print of the deal and discuss New Delhi’s expectations.
Inside India’s Manufacturing Revolution: Strategies and Insights for Business Success – New Publication Out Now
India is emerging as an important manufacturing destination in Asia due to several factors. We discuss market entry strategies for foreign companies and expansion strategies for local players aiming to attract foreign investment and technology.
Unused Land, Building Laws Confront India’s Policymakers Targeting High Industrial Growth
While some Indian states reclaim unused land for industrial purposes, many enforce building standards that hinder efficient land use by factories.
India, UK FTA Negotiations: Key Updates
India-UK FTA negotiations appear to have stalled as New Delhi seeks more on visas and social security while UK wants greater market access. New Delhi could delay talks till after UK general elections, anticipating a better deal under a different British government.
NFRA Seeks to Promote Innovation in India’s Auditing Industry
At the maiden international conference organised by the NFRA, its chairman, Ajay Bhushan Pandey, has expressed strong intentions to inculcate a framework identical to an innovation lab to promote technological advancement in the auditing industry.
More Women Are Now Part of India’s Expanding Manufacturing Workforce
In India, gradual efforts are being made to ensure that more women are participating in the workforce, including in male-dominated manufacturing jobs. We discuss latest industry hiring trends and challenges facing the Indian economy in meeting gender parity targets.