PLI Scheme for pharma helps India substitute 35 imported raw materials
For the pharma sector, the government had earmarked over $2 billion worth of incentives to start producing 53 APIs for which India relies heavily on China
raw materials
July 2022
December 2021
November 2021
December 2019
MSME Budget Wish: Ration shops to source raw materials
Consortium also wants state, central governments to offer a preferential price that is 25% higher than the lowest quote for all micro enterprises in government tenders
Raw material prices shoot 30-50%: Manufacturing on red alert
Increasing raw material prices are harming manufacturing sectors, including engineering and textiles.
Cars to cost more next year
Carmakers including Maruti Suzuki India, Hyundai Motors, and Mercedes announce price hikes which will be effective from January 2020.
Walmart launches training programme for MSMEs
The Walmart Vriddhi Supplier Development Program is expected to equip MSMEs to contribute to the global supply chain and expand capabilities in India, one of Walmart’s top five sourcing markets.
