MSME Sampark Report Highlights Post-Pandemic Recovery And ...
17 hours ago · The report, which analyses over 39,000 MSMEs across seven key sectors over a three-year period, reveals that the MSME sector contributes nearly 30 per cent to India's GDP and employs over 150 million people. The study indicates a strong recovery trend for MSMEs post-pandemic, with more than half of the sampled businesses recording over 10 per ...
India’s Bioeconomy Projected To Reach USD 300 Bn By 2030
16 hours ago · Updated: Oct 14, 2024 05:19:27pm. New Delhi, Oct 14 (KNN) India's bioeconomy has experienced significant growth, reaching over USD 150 billion in 2023, with projections indicating it could double to USD 300 billion by 2030, according to recent government statements. This development was highlighted during the inauguration of India's first ...
France Reaffirms Commitment To India's 'Make In India' With …
16 hours ago · New Delhi, Oct 14 (KNN) French business leaders on a recent visit to India have reinforced their dedication to expanding local investments, employment, and production under the 'Make in India' initiative. This commitment was highlighted by French Ambassador Thierry Mathou, who emphasised the deep integration of Indian firms into global supply ...
India Charts Path To Net-Zero With Comprehensive Energy …
New Delhi, Apr 4 (KNN) A comprehensive study on India's energy transition pathways to achieve net-zero emissions by 2070 was unveiled at a high-level meeting, on Wednesday. The report, titled “Synchronizing energy transitions towards possible Net-Zero for India: Affordable and clean energy for All,” was prepared by the Indian Institute of Management Ahmedabad (IIM-A) and sanctioned by the ...
India's Tech Landscape on Track for Major Expansion
Sep 12, 2024 · GCC revenue is projected to surge to between $99 billion and $105 billion by 2030, marking a robust compound annual growth rate (CAGR) of 9-10 percent from the current revenue of $64.6 billion. The expansion is not limited to revenue alone; the number of GCCs in India is expected to increase to 2,100-2,200 by 2030, up from over 1,700 today.
India Boosts Semiconductor Mission with Approval of New Kaynes …
Sep 3, 2024 · Announced on Tuesday, September 2, this project marks a significant step in India's Semiconductor Mission. The Kaynes ATMP unit will be set up with an investment of nearly Rs 3,300 crore, covering 46 acres in Sanand. The facility will have the capacity to produce 6.3 million chips daily, or over 60 lakh chips, catering to diverse sectors such ...
India Rises to Global Fintech Powerhouse with 26 Unicorns and …
New Delhi, Sep 3 (KNN) India's fintech industry is rapidly cementing its status as a global powerhouse, showcasing remarkable growth and innovation. According to data analysed by JM Financial, the sector now boasts a combined market value of USD 90 billion, with 26 fintech unicorns, including one decacorn. Over the past three years, the fintech ...
EV Battery Network Battery Smart Secures $65 Million in Series B …
New Delhi, Jun 11 (KNN) Battery Smart, a leading battery swapping network for electric vehicles, announced on Monday that it has raised USD 65 million in a Series B funding round. The investment was led by LeapFrog Investments and included participation from new investors like MUFG Bank, Panasonic, and the Ecosystem Integrity Fund, as well as existing investors Blume Ventures and British ...
India Poised to Emerge as Global Semiconductor Powerhouse
New Delhi, Sep 7 (KNN) India is on the cusp of a major breakthrough in the global semiconductor industry, with a wave of new projects being announced, discussed, and cleared, signalling the country's coming of age in this highly competitive space. Industry estimates suggest that India could attract approximately USD 30 billion in semiconductor ...
New Centralised Intelligence Unit Being Set-up To Assess ... - KNN …
New Delhi, Mar 28 (KNN) The Centre is set to comprehensively assess India's manufacturing prowess through a centralised intelligence unit or knowledge storehouse, aimed at significantly ramping up the manufacturing sector and making it globally competitive. The proposed intelligence unit will delve into crucial metrics such as value-added, export performance, technological prowess, supply ...