Budget 2026: The automotive and electric vehicle industries want to rationalise GST, expand PLI, and localise batteries
As Budget 2026–27 approaches, the auto and electric vehicle sector is urging the government to adopt policies that go beyond the adoption target and focus on cost structure, localization gaps, and implementation issues in the value chain. One of the most important areas that are still influencing the cost of…
The trade agreement between India and the EU marks a sea change in exports and manufacturing
Talks between India and the European Union regarding a much-awaited free trade agreement (FTA) are on the cusp of being concluded imminently, marking the beginning of a fresh chapter in bilateral economic relations. It has taken almost two decades of on-and-off talks for the two parties to finally agree on…
Micron improves its production roadmap for India
Micron Technology is set to commence commercial semiconductor manufacturing at its $2.75 billion facility in Sanand, Gujarat, and is expected to start operations by the end of February 2026. This is a major step in India’s plans to develop its own semiconductor manufacturing industry and position itself in the global…
Tamil Nadu wind policy tweaks to boost textile sector competitiveness
The Tamil Nadu government’s policy adjustments relating to wind energy are intended to reduce electricity rates and enhance competitiveness in its textile and apparel industries. “The revised wind power policy by the Tamil Nadu government has provided the cost advantage that the textile and garment industries of the state need,”…
