Edible oil is one of the most widely used commodities in Indian kitchens irrespective of season and occasion. With the increasing population in the country, the demand for edible oils is increasing day by day. Market Demand However, India mainly depends on imports to meet domestic edible oil demand due…
Agriculture and Food Industry in India India is an agri-dependent country with agriculture being one of the main pillars of the economy. India is the largest producer of spices, pulses and milk in the world. India is the world’s second-largest producer of fruits, vegetables, rice, wheat, sugarcane and groundnut in…
The future of the manufacturing industry in India seems very bright. The sector is witnessing a steady growth following various initiatives taken by the Government of India. And this trend is expected to continue in the long term, various sources such as the India Brand Equity Forum, Associated Chambers of…
The MSME sector has been the lifeblood of India’s economy contributing to over 30% share of the GDP, 45% of domestic manufacturing and 40% of the exports. It is the second-largest employment generator in the country, providing employment opportunities to approximately 11 Crore people. Check out the video on ‘Post-Covid…
Taking another giant leap towards self-reliance, the Ministry of Defence recently announced second list of 108 defence products adding to the previous list of 101 products banned for imports for defence industry. As per the Ministry of Defence, the decision would boost the indigenisation and strengthen partnerships between public and…
As a part of mission Atmanirbhar Bharat, the Union Cabinet yesterday approved the PLI scheme for white goods and high efficiency solar photovoltaic (PV) modules with an outlay of 10,738 Crore. The white goods segment which consists of air conditioners and LED lights, was given Rs. 6,238 Crore and the…
The world is moving swiftly towards electric vehicles to minimize carbon emissions and preserve the sustainable atmosphere. India too is contributing its bit to the cause of electric mobility by promoting the usage of EVs in the country. While it is true that India is the fourth-largest vehicle market and…
The Finance Minister, Nirmala Sitharaman presented the budget in the parliament on Monday, amid huge expectations from all sections of people of India. The budget, which is worth INR 34,83,236 crores, is aimed at reviving the economy that has been badly hit by the outbreak of the coronavirus pandemic and…
The year 2020, which saw the widespread outbreak of coronavirus, has been very challenging for people across the world in many aspects. Till date, coronavirus has led to the death of around 1.45 million people in the world. It has resulted in a sudden fall of economies across the world,…
Product quality is an aspect of paramount importance in manufacturing, because of its everlasting impact on the purchase decisions of the customers. No business owner would ever want to compromise on the product quality, and always strive to improve the quality of the products as a part of better customer…