Automobile exports from India soar 35.9% in FY22: Govt
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Automobile exports from India soar 35.9% in FY22: Govt New Delhi, Feb 4 (KNN) Minister of State in Commerce and Industry Anupriya Patel said on Friday that India has exported 56,17,246 units of automobiles in financial year 2021-22. It marks an increase of 35.9 per cent from 41,34,047 sold overseas in FY21. Of this, export of passenger vehicles, including cars increased to 5,77,875 in 2021-22 from 4,04,397 in 2020-21, registering a growth of 42.9 per cent.  While those of commercial vehicles rose 83.36 per cent to 92,297 units in 2021-22. The minister emphasised the multiple measur ..read more
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UP exceeds set target, attracts investment proposals worth Rs 21 lakh cr
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Lucknow, Feb 4 (KNN) Ahead of the Global Investors’ Summit-2023 (UPGIS-2023), Uttar Pradesh has received investment proposals worth Rs 21 lakh crore. Following investment-friendly environment that had been created in the state, Uttar Pradesh has successfully achieved its target mark of Rs 17.3 lakh crore, the government informed on Friday. UPGIS-2023 is scheduled in Lucknow from February 10-12, 2023. According to a press release, the manufacturing sector with close to 56 per cent of the total investment proposals stands first. “Various domestic and foreign companies are planning to expa ..read more
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Over 20K foreign buyers invited to inaugural Rajasthan Intl Expo
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Over 20K foreign buyers invited to inaugural Rajasthan Intl Expo Jaipur, Feb 4 (KNN) The first edition of the Rajasthan International Expo is being organised by the state government in Jodhpur from March 20-22. The expo is being held with an objective to promote exports in the handicraft sector of the state.  As per reports, over 20,000 foreign buyers from 28 countries have been invited to participate in the expo. The logo and the brochure of the expo was launched by State Industries and Commerce Minister Shakuntala Rawat, and Rajeev Arora, chairman, Rajasthan Export Promotion Coun ..read more
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Centre grants 29 licenses to foreign toy manufacturing units, China gets none
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Centre grants 29 licenses to foreign toy manufacturing units, China gets none New Delhi, Feb 4 (KNN) Union Minister of State for Consumer Affairs, Food and Public Distribution, Ashwini Kumar Choubey said on Friday that 29 toy manufacturing units have been granted license under the Bureau of Indian Standards’ (BIS) foreign manufacturers certification scheme. He clarified in written reply to a question in Rajya Sabha that no license has been given to any unit from China. The minister said that the safety of toys is under compulsory BIS certification from 1 January 2021 as per the Toys (Qu ..read more
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Kerala govt allots Rs 600 cr subsidy to rubber sector in budget
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Kerala govt allots Rs 600 cr subsidy to rubber sector in budget Thiruvananthapuram, Feb 4 (KNN) Kerala Finance Minister KN Balagopal announced a rubber subsidy of Rs 600 crore during the State budget presentation on Friday. The state government also made crucial announcements regarding an increase in fuel cess, liquor price, taxes on vehicle and property. Presenting the budget, Finance Minister allocated Rs 2,000 crore for market intervention initiatives to curtail price rise.  Balagopal informed that a social security cess of Rs 2 per litre would be levied on petrol and diesel. &n ..read more
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Four day Int-Ext Expo begins at Ludhiana
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Four day Int-Ext Expo begins at Ludhiana Ludhiana, Feb 4 (KNN) The four-day construction expo INT-EXT Expo kicked off on Friday at Ludhiana Exhibition Centre. Over 300 companies are exhibiting more than 6,000 products and services related to the construction industry at the eleventh edition of the expo. The expo was inaugurated by MLA Manwinder Singh Giaspura. The construction expo is displaying products under various categories, including roofing and cladding, kitchen and modulars, water management, hardware, building materials, glass, plumbing, pipes and fittings, solar systems, archi ..read more
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Gurugram industrialists demand more time to switch to cleaner fuels
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Gurugram industrialists demand more time to switch to cleaner fuels Gurugram, Feb 4 (KNN) The Gurugram industrialists on Friday met with chief minister Manohar Lal Khattar ahead of upcoming state Budget. During the meeting, the industrialist urged the state government to provide them with more time to switch to cleaner fuels citing lack of availability and supporting infrastructure. Various associations, including Manesar Industries Welfare Association and Gurugram Industrial Association, have also sough more time with regard to phasing out of fuel-based vehicles and switching to electr ..read more
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Three-day Dairy & Food products expo kicks off in suburbs of Hyderabad
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Three-day Dairy & Food products expo kicks off in suburbs of Hyderabad Hyderabad, Feb 4 (KNN) The three-day long dairy and food products, their processing, and packaging exhibition has begun on Friday in Madhapur which is located in the suburbs of Hyderabad. Home Minister Mohammed Mahmood Ali along with the chairman of Telangana State Dairy Development Cooperative Federation (TSDDCF), inaugurated the expo.  The second edition of this expo is being organised by Media Day Marketing in support of the Federation of Telangana Chambers of Commerce and Industry (FTCCI), the Minis ..read more
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Sugar production up 3.42% in October-January of 2022-23: ISMA
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Sugar production up 3.42% in October-January of 2022-23: ISMA New Delhi, Feb 3 (KNN) The Indian Sugar Mills Association (ISMA) on Thursday said that the country's sugar production is up by 3.42 per cent to 193.5 lakh tonnes in the first four months of the ongoing marketing year ending September. The sugar production had stood at 187.1 lakh tonnes during October-January period of the previous marketing year. According to the data shared by ISMA, the total sugar production, after diversion for ethanol manufacturing, has increased to 193.5 lakh tonnes till January of the current marketing year ..read more
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NABARD-backed Arun Shilpa Mela gets underway in Itanagar
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NABARD-backed Arun Shilpa Mela gets underway in Itanagar Itanagar, Feb 3 (KNN) With the aim to provide marketing opportunities to the rural marts, NABARD’s regional office in Itanagar is organising a four-day Arun Shilp Mela. The mela was inaugurated by Chief Secretary Dharmendra on Thursday in the presence of NABARD GM Partho Saha and others. As per reports, around 15 stalls are being set up by entrepreneurs from the remotest corners of Arunachal Pradesh. Products ranging from exquisite handicraft items to traditional handloom textiles, processed farm produces like pickles, jam, honey and m ..read more
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