Dutch Premier Hopes to Prevent More US Export Curbs on ASML
Dutch Prime Minister Rob Jetten has spoken to US President Donald Trump about preventing ASML Holding NV being hit by new export restrictions and is confident that an agreement will be found.
Semiconductor Talent shortage spurs regional push to build next generation of engineers
Singapore, September 24: The global semiconductor industry will need more than one million additional skilled workers by 2030, more than 100,000 a year, according to Deloitte. This is intensifying competition for engineers and technical talent as countries expand semiconductor capabilities and companies seek increasingly specialised skills.
Tiruppurs garment exports cross 46,000 crore in 2025-26
PhonePe targets rural India with 20,000+ new hires and 50 lakh payment devices in 12 months
PhonePe plans to hire more than 20,000 frontline sales personnel on its rolls over the next year. The company will also deploy more than 50 lakh payment devices over the next 12 months.
Lower commissions could push Policybazaar into insurance manufacturing: Yashish Dahiya
PB Fintech is evaluating the possibility of entering insurance manufacturing as distribution commissions may decrease significantly. The proposed commission caps by the Insurance Regulatory Authority of India could impact the economic viability of their current distribution model. While these changes might make manufacturing more attractive, the company emphasizes the need for regulatory clarity. Additionally, PB Fintech believes its large customer base may provide an advantage if it enters manufacturing.
Reliance to raise Rs 10,000 crore next week as companies rush to tap surplus bank liquidity
Reliance Industries Limited is planning to raise 10,000 crore next week through a ten-year maturity bond. Other firms, including Adani Airport Holdings, will raise significant funds as well this Friday. The increasing number of companies tapping debt indicates the surplus liquidity in the banking system. This trend is occurring ahead of the Reserve Bank of India's monetary policy decision on October 7.
Credit card spending falls 2.8% in August as new card additions slow
In August, credit card spending decreased by 2.8% to 2.02 lakh crore from July's 2.08 lakh crore. While year-on-year spending saw an increase of 5.9% compared to August 2025, the trend indicates moderation. Additionally, banks added 1.19 million new credit cards, down 5.6% from July's figures. This brings the total credit card tally to 124.1 million at the month's end.
Sanofi Healthcare India buys 15.19% stake in Sanofi India for 1,068 crore
Hoechsts holding in Sanofi India fell to 45.17 per cent from 60.37 per cent following the transaction, according to the data
Kalpataru Projects International bags new orders worth over 2,000 crore
Kalpataru Projects International Limited (KPIL) on Thursday said the company has secured new orders worth around Rs 2,025 crore in the domestic and international markets. The projects have been secured by the company's Power Transmission & Distribution (T&D) business, Buildings and Factories (B&F) business and Oil & Gas business, KPIL said in an exchange filing. Manish Mohnot, MD & CEO, KPIL, said, We have secured orders worth Rs 13,219 crore so far in the current fiscal year (YTD FY27). Additionally, we are favorably placed / L1 for orders exceeding Rs 12,000 crore, giving us strong confidence in achieving our targeted growth numbers. Kalpataru Projects International Limited (KPIL) is a leading engineering and construction company in the power and infrastructure sector.
Snapdeal parent AceVector raises Rs 189 crore from anchors; Negen, Singularity among top investors
In a significant move, AceVector, the owner of Snapdeal, has successfully garnered Rs 189 crore from anchor investors for its upcoming IPO, scheduled to open on September 25 with a set price range of Rs 30-32 per share. Major allocations were made to funds like Negen Undiscovered Value Fund and Singularity Growth Opportunities Fund II.
Fans found a Leonida Map inside Rockstars new GTA 6 Box, but where is the game?
The collection is built around Macca the Gator, a fictional TV show that exists within GTA 6s Leonida universe. References to Macca run throughout the collection, with the character featured on several of the items included in the box.
UPI fee could recover up to Rs 15,000 crore annually while keeping most transactions free
National Payments Corporation of India plans to introduce a 0.4% merchant discount rate for UPI transactions. This could help recover about 13,000-15,000 crore of annual costs while most transactions remain free. According to CEO Dilip Asbe, 80% of the MDR would come from large businesses already accepting credit cards. He noted that reintroducing charges after six years of zero MDR is necessary due to slowed investments.
Canada CPP, OAS payment tomorrow: Who gets the September 25 payment and how much could you receive?
Canada CPP and OAS payments, including the Guaranteed Income Supplement (GIS), are scheduled for September 25, 2026. Find out who qualifies for the latest Canada government payment, how much eligible seniors and CPP recipients could receive, the maximum CPP, OAS and GIS amounts for 2026, and the remaining CPP and OAS payment dates this year.
Researchers at Singapore's Centre for Quantum Technologies have developed a highly accurate lutetium-based atomic clock. This clock has a reported frequency uncertainty of 1 10, making it one of the most precise clocks available. The team successfully demonstrated the clocks sensitivity to minute differences in gravitational potential. Future plans involve creating a transportable version of the clock for various scientific applications.
IRDAI moots changes to distribution, payout norms
A system of rewards, over and above normal commission limits, for sale of products in under-served areas is proposed.
Ahead of festivals, Centre cuts import duty on edible oils
The Centre expects that the reduction in BCD on crude edible oils will lower their landed cost and facilitate transmission of the benefit through the domestic supply chain
Axis Bank readies major customer-connect initiative to mark World Tourism Day
Axis Bank is set to launch an extensive outreach program across India, spotlighting tourism and hospitality sectors in Goa. The initiative plans to engage over 5,000 customers and honour approximately 1,000 entrepreneurs.
Sebi revamps accredited investors framework; approves common ad code for mkt intermediaries
Sebi has widened the definition of accredited investors by introducing new asset criteria for individuals and corporates. The board approved a common advertisement code that allows celebrity endorsements for brand promotions while restricting specific product advertisements. Furthermore, the agency introduced a new settlement scheme for non-genuine trades in illiquid stock options. Changes aim to simplify accreditation procedures and encourage listing of non-convertible debt securities.
GST Council to take view on 18% levy on UPI merchant fees: Report
The GST Council will meet on October 7 to discuss GST levy on UPI merchant fees exceeding Rs 2,000. The government has proposed a 0.4 percent merchant discount rate that will apply from October 15. This merchant discount rate will be capped at Rs 300 and is considered a taxable service under GST. Merchants will be able to claim Input Tax Credit on the GST paid on the merchant fees.
'Casting vote can be invoked': Tata Sons defends Chandrasekarans reappointment
Tata Sons said it had sought legal advice from Sudipto Sarkar before the board meeting on 17 September, and later received separate legal opinions from former Chief Justice of India U.U. Lalit and former Supreme Court judge B.N. Srikrishna.
Not party to parent's talks with potential stake buyers: Whirlpool of India
Whirlpool of India said it is not privy to the terms, price or stage of talks as promoter Whirlpool Mauritius explores a share sale with multiple potential counterparties
FSSAI moves to stop dairy analogues from being sold as paneer
This comes against the backdrop of concerns regarding the rising use of paneer analogue a cheaper substitute mainly made from palm oil, milk powder, starch, and emulsifiers, instead of fresh milk.
Proposed 0.4% UPI merchant fee will not be passed to consumers: Report
Government sources clarified that the proposed merchant fee on UPI transactions above Rs 2,000 will not affect consumers. National Payments Corporation of India noted that a small portion of UPI transactions might be impacted. The amount collected will be shared among banks and stakeholders within the UPI ecosystem. The Indian Banks' Association plans to address misunderstandings about the charges soon.
Tata Sons defends Chandrasekarans third term as Chairman, cites retired SC judges
Relies on opinions of Justices Srikrishna and Lalit on Article 121 casting vote; Trusts had cited Justice Chandrachuds contrary view
Ahead of Market: 10 things that will decide stock market action on Friday
Indian equities suffered a sharp selloff, with Sensex plunging 1,248 points and Nifty falling 1.6% as US Treasury yields hit 19-year highs, crude stayed above $100 and geopolitical concerns intensified. Financial stocks led losses, while market breadth remained heavily negative.
Chennais BlueBinaries to acquire MicroNovas auto testing arm to drive $100 mn growth plan
Company claims the acquisition takes its projected annual revenue to $50 million, with the company targeting $100 million in the coming years
Sebi expands bullion vaulting framework to ETFs, derivatives; vault manager net worth raised
Sebi expanded its vault managers framework beyond Electronic Gold Receipts to cover bullion underlying specified ETFs and derivatives, while raising vault managers net-worth requirement to Rs 75 crore and strengthening security, segregation, compliance and governance requirements.
Tata Sons vs Tata Trusts: Chandrasekarans third term gets legal backing from former SC judges
The opinions of former Supreme Court judges Justice BN Srikrishna and Justice Uday U Lalit, also support the validity of the casting vote used by the chairman during the September 17 board resolution approving Chandrasekarans third term.
Milky Mist says revisions in packaging, product information initiated
Milky Mist said it has initiated revisions to the relevant artwork as well as updating the information on e-commerce platforms
Tata Sons defends Chandra's reappointment, sends 3 legal opinions to Trusts
Tata Trusts studying the response before any legal recourse
Draft national energy policy 2026 sent to Cabinet: Power Secretary
Proposals to promote competition in electricity supply and allow multiple distribution licensees
Keystone to launch India business with Bengaluru as first hub
The Bengaluru team will also contribute to Keystones global AI Centre of Excellence
Dilution refrigerators are specialised cryogenic systems capable of achieving extremely low temperatures in the millikelvin range which is essential for operation and testing of several quantum computing platforms
Pixxel plans at least four satellite launches in 2028 under 1,200-crore EO programme
Pixxel will directly execute around 6070 per cent of the programme, translating into an investment of about 700750 crore over the next three-and-a-half years
Four Godrej family members buy 1 pc stake in Godrej Consumer for Rs 900 cr
Nadir Burjor Godrej and Adi Godrej's heirs recently acquired a 1 percent stake in Godrej Consumer Products, purchasing 1,02,30,000 shares at Rs 880 each, totaling over Rs 900 crore. This transaction occurred via block deals from two entities within the promoter group. Notably, despite this shift in shareholding, the overall ownership percentage among the promoters remained unchanged.
Sebi gets over 3,000 comments in closing auction review, chairman says
India's markets regulator has received about 3,500 responses to proposed changes in the closing auction session framework, its chairman Tuhin Kanta Pandey said on Thursday. A short
Optimo Capital appoints former RBI CGM as an independent director
Bengaluru-based non-banking finance company Optimo Capital on Thursday said it has roped in former RBI Chief General Manager Shrimohan Yadav as an independent director on its board. In this role, he will guide the company's board on governance, risk and regulatory matters and will serve on certain important board Committees, the company said. Yadav served as Chief General Manager in the department of regulation, overseeing the licensing and ownership of private sector banks, small finance banks and payments banks, along with bank acquisitions, restructuring and governance. He currently serves as an independent director across the boards of a leading small finance bank and NBFCs and also acts as a senior Advisor to prominent firms in the financial services, the company said. As Optimo works toward its target of Rs 1,200 crore in assets under management, from Rs 441 crore at present, by the end of March 2027, Yadav's rich experience will be instrumental in ensuring that its ...
Proposed commission caps from the Insurance Regulatory and Development Authority of India could severely impact PB Fintech's revenue. The company anticipates a potential reduction in income from general insurance to 33-40% of current levels. As a response, PB Fintech plans to enhance cost control measures and shift its focus toward profitability.
UltraTech Cement adds 4.6 mtpa fresh capacity
Consequent to fresh capacity addition, the companys total domestic grey cement manufacturing capacity now stands augmented to 204.7 mtpa
Market Trading Guide: Allied Blenders among 3 stock recommendations for Friday
Indian equities ended higher as investors focused on domestic growth momentum despite crude volatility and geopolitical risks. For Friday, analysts recommended Texmaco Rail, South Indian Bank and Allied Blenders.
Aquapulse eyes threefold revenue growth, expands footprint in Andhra
The aquaculture firm plans to expand its farmer network to 10,000 and shrimp procurement to 5,000 tonnes as it deepens its presence across key producing regions
Kiaasa Builds AI-Led Strategy Across Design, Supply Chain and Marketing
New Delhi [India], September 24: Kiaasa Retail Limited is developing an AI-led operating strategy that will connect product design, supply-chain planning, merchandising, marketing and the in-store customer experience.
Starbucks Corp. will close 250 underperforming stores across North America, representing around 1% of its 18,000 locations. The company has been streamlining its store network as part of a wider strategy aimed at improving sales and profitability.
What Nithin Kamath sees as the biggest risk for broking after Irdai shock
Zerodha co-founder Nithin Kamath said regulatory risk is the biggest threat for regulated financial businesses, citing IRDAIs proposed insurance commission changes. He warned that regulatory shifts affecting broking, F&O, client float and MTF can rapidly alter business economics and valuations.
Ozempic & Wegovy maker Novo looks to expand India portfolio through investments in new technologies
The company is accessing different platforms to look for innovations that can personalise diabetes and obesity treatments
India's JSW Group wants Volkswagen to cover $1.4 billion tax liability
The tax issue stems from the Indian govt's allegation that VW misclassified some vehicle assembly kits imported from certain countries between 2012 and 2024 that reduced the levies it had to pay
Sebi board approves FPI play in non-agri commodity derivatives, changes PMS rules
India has officially permitted foreign investors to trade in physically settled contracts for non-farm commodities, aiming to enhance liquidity in the market and align with international standards. Concurrently, portfolio managers are now authorized to manage overseas assets and invest in foreign securities. Strict regulations will ensure that these foreign investors do not partake in the actual delivery of commodities.
Myntra creates 26,000 seasonal jobs ahead of Big Fashion Festival
Online fashion retailer more than doubles its seasonal workforce from last year as it expands fulfilment, delivery and customer-service capacity for the festive event
Sebi cancels registration of Religare Capital Mkts, 11 others for non-payment of renewal fee
Sebi has revoked the registrations of Religare Capital Markets and 11 other entities due to their failure to pay required renewal fees for research analyst registrations. The fees were due between May 2024 and November 2025. Although these entities responded to show-cause notices, they could not substantiate their claims of non-payment, prompting Sebi to take measures to protect investors from potential misuses of expired registrations.
Amazon plans to invest $3 billion in its India quick-commerce business by 2030, aiming to increase its market presence. Currently, Amazon holds a 6.2% market share, competing against rivals like Swiggy and Blinkit, which dominate with 77% of the sector.
Mumbai (Maharashtra) [India], September 24: 360 ONE, among India's leading wealth and asset management firms with assets exceeding INR 7.8 lakh crore ($82 billion), today announced the launch of The Collector's Guide 2026, its inaugural report decoding the South Asian fine art market for a new generation of collectors.
Titan Engineering & Automation sees semiconductors driving 20% of sales in five years
Company in talks with outsourced semiconductor assembly and testing companies
Chennai-based BlueBinaries acquires the testing business of MicroNova AG
BlueBinaries offers software and engineering services for the mobility industry
Allied Blenders among 7 stocks that hit 52-week highs and rallied up to 17% in a month
Seven BSE 500 stocks hit fresh 52-week highs despite a sharp 1,247-point Sensex decline on Thursday. Allied Blenders, Carborundum Universal, Caplin Point Laboratories, Laurus Labs, Shyam Metalics, Aurobindo Pharma and GNFC recorded notable monthly gains.
Waaree Group enters specialty gases market
To build plant in Gujarat for semiconductor and solar cell manufacturers
NPCI says no immediate plan to review MDR, charges needed to fund technology and cybersecurity
The NPCI is unlikely to modify the reintroduced MDR charges on UPI transactions, emphasizing the need for investment in technology and security. Despite concerns over costs potentially affecting customers, Asbe believes transaction volumes could grow as industry reinvests in the ecosystem.
Reserve Bank Deputy Governor Rohit Jain stated that banks are expected to deploy additional liquidity from FCNR(B) deposits. This deployment is likely driven by anticipated strong credit demand during the festive season. The RBI will not direct banks towards specific sectors for fund utilization, allowing for discretion based on credit proposals. Jain emphasized that credit demand is broad-based across different sectors, indicating a healthy economic environment.
Tata Sons tells Noel Tata, Chandrasekarans reappointment is valid, rejecting his objections
Tata Sons has affirmed the validity of N Chandrasekaran's reappointment as chairman following a board majority resolution. Noel Tata raised objections regarding the adherence to the Articles of Association for this reappointment. However, Tata Sons clarified that the special process outlined applies only for a new chairman's first appointment. The company also addressed issues surrounding a recently adjourned annual general meeting and its quorum requirements.
AI redefines Indias auto buying journey: Google-Kantar study
From AI-powered searches and virtual reviews to family discussions, technology is reshaping how Indians discover and decide their next vehicle.
AI redefines Indias auto buying journey: Google-Kantar study
From AI-powered searches and virtual reviews to family discussions, technology is reshaping how Indians discover and decide their next vehicle.
Indian equities ended sharply lower, with the Nifty falling 1.64% and Sensex 1.67%, as rising bond yields and crude prices pressured sentiment. Broader indices declined, India VIX surged 22%, financial stocks led losses, and market breadth remained firmly negative.
Pharma revenue growth to accelerate to 11-13% this fiscal: Crisil
The report said higher raw material, energy and freight costs are likely to put pressure on profitability
Landmark Cars and OLX India Partner to Build India's Leading Phygital Pre-Owned Car Platform
Mumbai (Maharashtra) [India], September 24: Landmark Cars Limited, a leading premium automotive retail network in India, and OLX India, part of CarTrade Tech Limited, today announced a strategic partnership to create an integrated phygital (physical + digital) pre-owned car buying and selling experience for Indian consumers.
India tech funding hits $10.3 billion despite fewer deals: Where is the money going?
India's tech sector raised $10.3 billion in equity funding in the first nine months of 2026, up 7% from last year. While funding rounds decreased, mega-rounds boosted total investments, with enterprise applications and AI infrastructure leading the way in attracting capital.
Jio-BP, Nayara impose diesel purchase limits at select pumps as crude prices surge
Jio-BP and Nayara Energy have capped diesel sales at select outlets as crude crosses $117/barrel, squeezing OMC margins by 9/litre. PSU retailers (IOC, BPCL, HPCL) 90% of stations continue to sell without restrictions. Saudi Aramco's pipeline attack disrupts supply further.
Elitecon International plans venture into new markets
The company said its subsidiaries in the UAE and Singapore completed a full year of operations during FY26
CJ Darcl eyes 10% revenue growth, expands into new logistics verticals
IPO-bound CJ Darcl is expanding into a trucker marketplace, alternative fuels, EVs and warehousing as it looks to sustain its revenue growth momentum
Sachin Khandelwal quits Nuvama Group to join Emirates NBD Capital India as head of ECM business
Five to six other professionals are also expected to join Khandelwal's team at the Dubai-based lender in the coming months,
From clean-food brand Noice to fresh-produce label Nectr, Instamart is betting that products of its own can help it stand out in an increasingly crowded market.
JSW wants Volkswagen to cover India tax bill as deal condition
The deal under discussion involves JSW making an investment in closely held Skoda Auto Volkswagen India, with JSW seeking a majority stake.
Mint Explainer | Are AI companies reshaping Indias ad market?
Digital ad impressions rose 44% in January-July, with services, software, and AI companies expanding the market beyond e-commerce.
Student suicide: Youth Congress seeks arrest of IIT Bombay director and Prof Doolla, impartial probe
Youth Congress president Uday Bhanu Chib demanded the arrest of IIT Bombay director Shireesh Kedare and professor Suryanarayana Doolla over the alleged suicide of student Sahil Wakode. Chib sought an impartial probe, alleging caste-based and mental harassment, while IIT Bombay has disputed the charges. Wakodes parents have also alleged discrimination.
Jamiat Ulama-i-Hind chief's remarks threat to India's sovereignty: VHP
Vishva Hindu Parishad has responded to Mahmood Madani's allegations regarding the treatment of Muslims in India. Madani expressed concerns over targeted actions and judicial system effectiveness, prompting VHP's criticism. VHP spokesperson Vinod Bansal claimed Madani's comments threaten Indian sovereignty and questioned his commitment to India's Constitution. The Jamiat Ulama-i-Hind, founded in 1919, remains a significant Muslim organization in India.
Saudi Arabias civil defence authorities on Thursday issued alerts warning of potential danger in Mecca, Jeddah, Yanbu and Tabuk, advising residents to exercise caution and follow official instructions. The nature and extent of the potential danger were not immediately clear.
Dr. Arun Naik, a neurosurgeon, has voiced his serious concerns about the neck cracking trend prevalent in salons. He highlighted alarming cases where individuals have endured grave injuries, such as paralysis and long-term reliance on ventilators. Although neck cracking is a common practice in Indian salons, its associated health risks are significant. Dr. Naik strongly advised clients to consider their safety and refrain from this risky procedure during hair appointments.
Huawei Watch D3 launch: Huawei has introduced the Watch D3, a smartwatch designed to measure blood pressure accurately at the wrist. This device features an inflatable airbag cuff for direct blood pressure measurements over 24 hours. Users can monitor their blood pressure before and after exercise, evaluating their fitness levels effectively. The watch also provides insights into health metrics like stress and sleep quality for improved well-being. Available for 399.
NCLT capacity crunch puts insolvency timelines under pressure
With 11 vacancies and insufficient infrastructure, India's insolvency tribunal is under strain, delaying cases like that of Zee's Subhash Chandra. The Supreme Court has called for immediate improvements, as ongoing insolvency processes now average over 700 days.
Consumer durables market seen at 3-3.25 lakh crore by 2030, says BCG-CII
8-10% annual growth could add 40,000-50,000 crore in domestic value; opportunity for increasing localisation
PhonePe to hire 20,000 staff, deploy 5 mn payment devices in 12 months
PhonePe on Thursday announced plans to accelerate the expansion of its merchant network and take digital payment infrastructure deeper into India's towns and villages. As part of the expansion, PhonePe plans to hire more than 20,000 frontline sales personnel on its rolls over the next year. The company will also deploy more than 50 lakh payment devices over the next 12 months, including SmartSpeakers and POS devices with approximately 50 per cent of these devices in rural India, taking digital payment acceptance deeper into Tier 6 towns and rural geographies. The recently announced MDR framework allows the company to take a long view and invest in merchant expansion. Initiatives like a dedicated fund using 5 per cent of the MDR amount collected earmarked for small merchant expansion, are further catalysing these investments, especially in deep rural geographies including tier 6 towns and villages. The new labour codes introduced last year, are also enabling the company to hire faste
JACK & JONES Unveils Its Autumn Winter 2026 Denim Campaign Featuring Vedang Raina
Mumbai (Maharashtra) [India], September 24: Leading European menswear brand JACK & JONES India introduces its Autumn Winter 2026 Denim Campaign featuring actor Vedang Raina, bringing together the brand's signature jean craft with one of the most compelling young voices in Indian entertainment.
Belden-Ruckus Wireless to expand local manufacturing capacity in India
The company will initially manufacture Ruckus ICX Ethernet switches at Belden's 300,000-sq-ft Pune facility to meet domestic demand, with exports to be evaluated later
Adani Group to invest over 1 trillion across sectors in West Bengal
The conglomerate will invest across ports, logistics, energy, roads, green cement and data centres, while its Rs 4,000-crore hospital project is under way in New Town
Conversational AI firm Gupshup launches agentic AI solution for real estate
The solution combines agentic AI with property, inventory and CRM systems to support discovery, lead qualification, sales and post-sales interactions through WhatsApp and voice
The battle of bourses: NSE shook Dalal Street, beat BSE's broker club
The NSE listed its own shares on the BSE on Thursday, 34 years after its incorporation, marking an ironic milestone for the exchange created to challenge the BSEs dominance. The story of NSE began with Manohar J. Pherwani, who proposed a national, computerised exchange after the 1991 economic reforms.
Amazon bets $3 billion on India's quick-delivery boom
Amazon investment to expand new stores, better stock selection
Japan stocks rise as technology shares lead gains
Global interest in AI stocks remained strong after Metas Muse personal AI agent renewed investor interest in the sector and supported demand for AI infrastructure. In Japan, Ibiden jumped 14.6%, while Advantest gained 3.2%, Tokyo Electron rose 1.5%, Lasertec added 1.8% and Murata Manufacturing increased 0.8%.
China stocks fall as trade truce uncertainty weighs
US Treasury Secretary Scott Bessent said the US and China had agreed to extend the trade truce by two months, although China has not officially confirmed the agreement. The extension is also shorter than the three-to-six-month period some US officials had earlier suggested.
Arkade Developers completes two years of listing
Achieves 500% growth in projected GDV at Rs 18,000 cr over two years period
Adani Group plans to invest over 1 lakh crore in West Bengal by 2035, enhancing sectors like healthcare, logistics, and power. The investment aims to transform infrastructure and create job opportunities, with a commitment to building a 2,000-bed medical institution in New Town.
Make in India shifts focus to deeper manufacturing capabilities, global competitiveness: CII
CII said Indias manufacturing sector is shifting from simply expanding capacity to building domestic supply chains, developing technology and integrating deeper with global markets as Make in India completes 12 years.

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