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Rohit Agarwal, Executive Vice-President, Kotak Mahindra, says it is anticipated that within the next five to ten years, the manufacturing sector will contribute approximately 18 to 20 percent to GDP. Agarwal believes the government will continue to allocate a substantial budget for capital expenditures, along with incentives and standard operating procedures (SOPs) aimed at the manufacturing industry. This focus will be reflected in the Budget, as the government is committed to enhancing India's self-sufficiency in various products that are currently imported. Within manufacturing, EMS has been a huge success story but within it, it is time to move from mobile PLI success to other stories. To start with that success will come more from the semiconductor value chain. One should be overweight on semiconductors followed by renewable energy and defence. Agarwal believes Trump’s protectionist policy will have no impact on the PLI theme as these manufacturers are aimed more for India market to replace imported items What should one watch out for in this year’s Union Budget when you talk about manufacturing because that is where most of the government’s focus has been and it has reaped quite a lot of benefit when you talk about the way it has helped boost the GDP growth as well. Rohit Agarwal: The focus of this government has been on manufacturing through the Budget document and also apart from the Budget document, they have been taking various measures.

5G infrastructure, increased mobile data usage and greater fixed broadband play – is gearing up for the next wave of growth. The sector’s adjusted gross revenue (AGR) grew 8.2% y-o-y in FY24, while for the quarter ending Sep-24, it grew 13.1% y-o-y. Throughout 2024, the Government of India has adopted progressive measures to help improve telecom operators’ financials. Now is the time to take it a notch further and accelerate the superlative transformation of the sector.

Subscribe to enjoy similar stories. New Delhi: It is “critical" for the G20 to address emerging challenges of trade and tariff wars, India’s sherpa Amitabh Kant said, amid increasing threats by US President Donald Trump to hike tariffs against India and other members of the grouping of major global economies. In an interview, the former bureaucrat said G20 should also address the potential adverse effects of artificial intelligence by suggesting a regulatory framework.

Moscow City Tourism Committee is in discussions with the Indian government for a 'group-free visa regime,' allowing a specified number of tourists travelling together in a group to enter Russia without a visa. «When there is a group of tourists travelling together to Russia, the particular number should be mentioned in the document for the visit to become visa free. For example, in the Chinese document, the group should be 10-20 people. The Russian government is in talks with the Indian External Affairs Ministry for a final agreement on the number of people comprising a group from India to avail this facility,» Moscow City Tourism Committee Chairman Evgeny Kozlov told PTI.

Sridhar Vembu, Chief Scientist of Zoho Corporation, responded to a frequently asked question from Indian engineers: “Why can’t India achieve what China did?” Vembu acknowledged that while India’s strengths lie in its democratic framework and diverse society, it must chart its own path rather than merely emulating China. He emphasised grassroots innovation and India’s demographic advantage, asserting, “India's strength lies in its ability to innovate and adapt to rapidly changing global dynamics.”

Global capability centers have been consistently in the news for their growth plans in the country leading to increased hiring opportunities. And while this spells good news for experienced professionals with relevant domain experience, let us decode what kind of internship opportunities is the GCC sector creating and how people can be ready for this.

Maruti Suzuki India on Thursday said the locally manufactured Jimny five-door model has made its debut in the Japanese market. The SUV, which is exclusively manufactured at Maruti Suzuki's Gurugram-based plant, was unveiled in Japan on Thursday.

enemy usually refers to someone who can cause harm in common parlance. However, according to the law enemy means a person or country is an enemy who or which committed external aggression against India. When people born in India decided to leave their property and belongings in India and emigrated to any of the enemy countries as classified by the government, their assets in India were labelled as enemy properties.

Subscribe to enjoy similar stories. EVEN AS AMERICA’S relationship with China enters a new, less predictable era, Donald Trump and Xi Jinping see the value in talking. On January 17th the leaders had a “very good" phone call, wrote Mr Trump on social media.

climate impact, according to industry insiders, as Britain backed expansion plans for Heathrow.

Subscribe to enjoy similar stories. The Union budget, which lays out a roadmap for India’s fiscal and financial reforms, is a widely anticipated event every year. Over the years, various governments have tried to strike a balance between economic growth and social equality through allocation of the resources in their budgets.

DeepSeek's global success with pride and glee, with some saying the homegrown AI startup's meteoric rise is a sign China is beating back Washington's attempts to contain the country's tech industry.

Delhi Metro’s air-conditioned efficiency makes you feel like you’re in a completely different city.

Subscribe to enjoy similar stories. On Wednesday, India’s cabinet approved a national critical mineral mission. With an outlay of ₹34,300 crore, its aim is to strengthen India’s supply chain for key minerals and achieve self-reliance.

Donald Trump on Wednesday signed the Laken Riley Act into law, giving federal authorities broader power to deport immigrants in the U.S. illegally who have been accused of crimes. He also announced at the ceremony that his administration planned to send the «worst criminal aliens» to a detention center in Guantanamo Bay, Cuba.

Hyderabad are leading the charge for data centre investments as artificial intelligence is fuelling big expansion in the country with companies announcing huge plans recently, even as Chennai and Delhi-NCR remain the key markets.

Subscribe to enjoy similar stories. The budget often deals with short-term problems and there are several of those relating to energy that we need to attend to urgently. The biggest is our concern for energy security to make India as much as possible aatmanirbhar to reduce our dependence on imported fossil fuels, much of which we import--85% of oil, 50% of gas and almost 20% of coal.

Rebels backed by Rwanda have captured more towns in eastern Congo as fighters moved beyond the key city of Goma in an apparent attempt to expand their control in the conflict-battered region

I actually had a subscriber in the United States admonish me last week and call Canadians a bunch of crybabies and parasites.

Germany's government has slashed its 2025 growth forecast for the country’s economy, Europe’s biggest, to just 0.3% after it shrank for two consecutive years