EXPORT ORIENTED UNITS
No chips, no models, no problem: Indian manufacturers strike gold in AI's infrastructure gold rush
At a bustling factory in western India, technicians work around the clock to turn glass into hair-thin fibre-optic strands destined for data centres powering the global artificial intelligence boom. India hosts nearly a fifth of the world's data, but accounts for less than five percent of global data-centre capacity -- leaving much room for growth.
India's new import rule that could make homes and infrastructure costlier
India's new policy imposing a minimum import price on PVC resin is expected to result in higher domestic prices. This strategy supports local manufacturers but also elevates costs for downstream industries, putting additional financial strain on small businesses. Given the nation's substantial import reliance, this initiative is unlikely to lessen dependency significantly. The government's goal is to enhance local production in response to persistent market demand.
Import curbs for six months on suspension grade PVC resin
The government has restricted imports of low-priced suspension-grade PVC resin for six months by introducing a minimum import price, while exempting export-oriented units and certain export-linked schemes. The Directorate General of Foreign Trade imposed the restriction following an anti-dumping investigation initiated after complaints from domestic manufacturers over alleged dumping of PVC resin from seven countries.
From Bhadohi to Brooklyn: India's small towns are set to go global
India's latest ecommerce export reforms could transform thousands of MSMEs into global exporters by connecting small-town manufacturers with overseas buyers through platforms such as Amazon and Flipkart. Combined with Districts as Export Hubs, ODOP and FTAs, the policy aims to broaden India's exports and create the country's next export growth story.
Have metal stocks’ dependence moved from Chinese apartments to world's power grid? 5 metal stocks with upside potential of up to 34%
Weak Chinese growth has traditionally been a warning signal for metal stocks. Yet, the latest disappointing data from China has caused only a limited reaction, or literally nothing. It can be because of two reasons: Either the old rule is changing, or the bad news has been discounted by the market. Either way, it is time to relook at metal stocks, but only by investors who have the ability to be contrarian as well as tactical. Coming back to China: Has it stopped mattering? Not quite. It has started mattering in a more complicated way. And that is where the AI connection for metal starts.
Madhya Pradesh secures investment proposals worth Rs 1,592 crore at Bharat Tex 2026; over 15,700 jobs expected
Madhya Pradesh secured investment proposals totaling Rs 1,592 crore at Bharat Tex 2026. These proposals are expected to create over 15,700 new employment opportunities across various textile sectors. Chief Minister Mohan Yadav highlighted the state's comprehensive "Farm to Fashion" textile value chain capabilities. He also promoted the PM MITRA Park in Dhar, attracting substantial investment and jobs.
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Schmersal Inaugurates Global Competence Center (SGCC) at AP4 Tech Park, Pune
The German safety technology group has opened its Global Competence Center and opened a new Product Experience Center at Amar Builders & Pristine Developers' commercial IT development in Wagholi, Pune.
NFO Update: Baroda BNP Paribas Mutual Fund launches a services fund
Baroda BNP Paribas Mutual Fund has launched the Baroda BNP Paribas Services Fund, an open-ended thematic equity scheme that aims to capitalise on India's fast-growing services economy. The NFO is open until July 28.
Global Market: UK's Rachel Reeves defends fiscal record ahead of leadership change; investors eye policy continuity
Britain's Finance Minister Rachel Reeves defended her economic record ahead of an expected Labour leadership transition, while investors assessed whether the incoming government would retain fiscal discipline amid slowing growth, persistent inflation and rising geopolitical risks.
Stocks, gold and debt: Why ICICI Pru’s Dharmesh Kakkad favours a multi-asset strategy now
ICICI Prudential's Dharmesh Kakkad advises investors against chasing the best-performing asset classes, arguing that a dynamic multi-asset allocation strategy offers better risk-adjusted returns in a volatile market. He believes diversified exposure across equities, debt and commodities can help investors navigate uncertainty while reducing emotional biases.
India lays groundwork for a big business boost along the coasts
India is setting up dedicated Marine Export Zones to create an integrated seafood ecosystem. These zones will combine farming, processing and logistics with an aim to give India a big exports boost. The target is to raise India's seafood export potential and create a large number jobs.
Assam budget targets revenue leaks: Jayanta Malla Baruah
Assam's finance minister presented the 2026-27 budget focusing on revenue generation and plugging leakages. Capital expenditure has increased substantially, with revolutionary steps planned for irrigation development. The budget proposes developing an Aerotropolis around Guwahati's airport and a new Brahmaputra bridge. Special incentives are provided for the tea sector, including subsidies and VAT reduction on natural gas. The budget also includes initiatives for tourism and improved healthcare facilities within tea gardens.
Hormuz & Iran war can slow India down but not hold it back
Despite the Iran war, Strait of Hormuz risks and elevated crude oil prices, the IMF expects India to remain one of the world's fastest-growing major economies. Strong consumer spending, booming automobile sales, rising FMCG demand, resilient services and robust domestic consumption are helping shield India's economy from global shocks and trade uncertainty.
Global Market: China's factory inflation hits four-year high, keeping metals and industrial stocks in focus
China's factory-gate inflation reached its fastest pace in four years during June. Producer prices rose 4.1 percent year-on-year, driven by energy and commodity costs. However, consumer inflation slowed to 1.0 percent, reflecting weak domestic demand. Manufacturers face rising costs but struggle to pass them onto consumers. This uneven recovery highlights export strength against domestic economic pressures.
Government starts industry consultations on next phase of food processing PLI
The government is planning an expanded Production-Linked Incentive Scheme for the food processing sector. Consultations were held with industry stakeholders to design the next phase of fiscal support. The upcoming policy aims to boost domestic manufacturing and global competitiveness. It will focus on innovation, value addition, and farmer benefits. Working groups will address perceptions and promote the sector's growth.
These 9 private and public banking stocks have an upside potential of more than 28% in one year, according to analysts
Tuesday saw reports that some ships were hit in the Strait of Hormuz. And, in the US, the Nasdaq was down. So, expect some pressure when the Indian market opens on Wednesday. But these are short-term issues. There are other things to look forward to. For instance, how the latest business updates are panning out. At the end of the day, it is earnings that matter. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
Why the India-UK trade pact could make this India’s decade for the textile industry
Industry experts say that the trade deal is expected to improve India’s price competitiveness, enhance export opportunities, and strengthen its position as one of the world’s key fashion and retail markets.
Bonus issues, stock splits & dividends: Titan, JSW Steel among 49 stocks turning ex-date this week. Do you own any?
Investors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate actions. The list remains tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week.
China's warning reveals what really happened at Modi-Takaichi summit
India and Japan's recent summit in Delhi has sparked concern in Beijing. Agreements on defense, critical minerals, and AI signal a strategic shift, prompting China to caution against "exclusive small groupings." The summit's focus on economic security, diversified supply chains, and defense co-development, particularly the UNICORN project, directly challenges China's economic and strategic leverage. This collaboration, alongside renewed Quad support, signals a growing regional architecture aimed at balancing China's influence.
The overcapacity narrative of the US: Why it does not apply to India
The ‘overcapacity’ argument posits that certain countries produce far beyond their domestic absorption capacity, dumping the surplus on world markets at a lower price, which undermines fair trade practices.
Orient Express giant yacht sets sights on tech billionaires
Orient Express, now a joint venture between French hotelier Accor and Louis Vuitton owner LVMH, set out to revive the 19th century travel brand. Its recently launched yacht is the first of two that will target the ultra-rich, adding to a portfolio of luxury hotels and a yet-to-launch historic art deco train.
Commerce ministry convenes stakeholders' meet on June 30 on SEZ issues
The commerce ministry is convening a stakeholder meeting on June 30 to address critical issues concerning Special Economic Zones (SEZs). Discussions will center on harmonizing export promotion schemes and implementing SEZ reforms, including payment mechanisms for domestic services and job work. A 17-member committee is also working on a comprehensive reform roadmap for a 'SEZ 2.
Trade disruptions, API dependence, compliance costs: Pharma MSMEs spell out policy priorities on World MSME Day
Indian pharmaceutical MSMEs are facing immense pressure from rising costs, supply chain woes, and stringent regulations. Industry representatives urge policy reforms, including energy access and expanded PLI schemes, to bolster competitiveness. Delayed GST refunds and liquidity issues further challenge smaller drug manufacturers, impacting their ability to compete globally and respond to disruptions.
World MSME Day: Chemical industry seeks policy support to boost competitiveness amid global trade disruptions
Indian chemical industry leaders are urging a policy overhaul to boost competitiveness ahead of World MSME Day 2026. They highlight the need for resilient supply chains, easier access to raw materials, and greater policy support amidst global trade fragmentation. Geopolitical tensions and rising logistics costs are impacting manufacturers, particularly in the specialty chemicals sector.
India initiates anti-dumping probe against 3 Chinese products
India has launched anti-dumping investigations into imports of thermal paper, BOPA film, and certain antioxidants, primarily targeting China. Domestic manufacturers filed complaints alleging material injury from cheap inbound shipments. The Directorate General of Trade Remedies will assess dumping and its impact, with the finance ministry making the final decision on imposing duties to protect local industries. This move comes amid significant trade imbalances with China.
India's textile industry poised for long-term growth as global sourcing shift gathers pace: Siddhartha Khemka
India's textile sector is poised for significant growth, driven by a global shift in sourcing away from China and a cyclical recovery in demand. Experts highlight that geopolitical risks and rising costs are pushing brands to diversify, creating a multi-year opportunity for India. Proposed free trade agreements with the UK and EU are expected to further boost competitiveness, making Indian exporters more attractive.
How a Noida-based apparel maker found its way into wardrobes worldwide
CTA Apparels is embracing automation and vertical integration to enhance speed, transparency, and traceability. This shift positions them as systems-driven partners for global fashion brands. Investments in technology and sustainability are key to their future growth and competitiveness in the global market.
US buyers keen to stitch deals with Indian apparel exporters
Indian apparel exporters face pressure as US buyers demand discounts of up to 10%. This comes as India's readymade garment exports have declined for six consecutive months, largely due to weaker demand in the United States. Competitors like Vietnam and Indonesia are gaining ground.
Defence production up 15%; private sector share climbs to 24%
India's defence production has hit a record high of ₹1.78 lakh crore. This growth is fueled by the private sector, with exports also reaching new peaks. New ammunition hubs are set to boost production further. Defence Minister Rajnath Singh aims for ₹3 lakh crore production by 2029.
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