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India Targets 600 Million Tons of Steel Capacity by 2047

By Uniquetimesorg September 29, 2026 0

India’s new steel policy targets 600 million metric tons of steelmaking capacity by 2047, according to Steel Secretary Sandeep Poundrik. The draft policy is intended as a roadmap for the sector over the next two decades and is expected to be released publicly soon. India’s steelmaking capacity stood at about 220 million tons in fiscal […]Continue Reading

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Harsh Goenka Questions Whether India Is Investing Enough in Future Industries

By Uniquetimesorg September 23, 2026 0

RPG Group Chairman Harsh Goenka has highlighted China’s growing presence in industries such as rare earths, magnets, batteries, electric vehicles, robotics, semiconductors and advanced manufacturing. In a post on X, he pointed to Chinese magnet maker JLMAG as an example of a company expanding from high-performance rare-earth magnets into components for emerging Continue Reading

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GE HealthCare Eyes More Than 2X Export Growth from India by 2030

By Uniquetimesorg September 14, 2026 0

GE HealthCare is targeting more than a twofold increase in exports from India by 2030, while aiming for 75% of its India revenue to come from products designed and manufactured locally. The company has announced an ₹8,000-crore investment over five years, with around 30–35% already deployed across engineering, manufacturing and distribution. India is a key […]Continue Reading

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EU Drops Aluminium Scrap Duty Plan Amid India Trade Deal Concerns

By Uniquetimesorg September 12, 2026 0

The European Union has abandoned a proposed export duty on aluminium scrap amid concerns that the measure could complicate the finalisation of its free trade agreement with India, according to sources familiar with the discussions. The European Commission had considered a 15% duty for three years, aimed at protecting the bloc’s aluminium industry and supporting […]Continue Reading

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India’s Services Growth Improves in August, but Demand Remains Weak

By Uniquetimesorg September 3, 2026 0

India’s dominant services sector recorded a modest improvement in August, but overall activity remained close to its weakest level in more than four years, according to the HSBC India Services Purchasing Managers’ Index (PMI). The index rose to 54.1 in August from 53.3 in July, although it was slightly below the preliminary estimate of 54.5. […]Continue Reading

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Tamil Nadu Drops ₹274-Billion Chennai Second Airport Plan

By Uniquetimesorg August 24, 2026 0

Tamil Nadu Chief Minister Joseph Vijay has announced that the state will drop plans to build a second airport at Parandur near Chennai, a project estimated to cost ₹274 billion ($2.86 billion). The proposal had received civil aviation clearance but faced strong opposition from farmers over its impact on agricultural land. The government is now […]Continue Reading

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India Plans Incentives for Polysilicon Production

By Uniquetimesorg August 7, 2026 0

India is preparing a new production-linked incentive (PLI) scheme to boost domestic polysilicon manufacturing, aiming to reduce its heavy reliance on imports from China. Polysilicon is a critical raw material used in solar photovoltaic panels, and the initiative is part of the country’s broader strategy to strengthen its clean energy supply chain. The proposed scheme Continue Reading

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Lakshmi Mittal Sees India as ArcelorMittal’s Next Growth Engine

By Uniquetimesorg August 5, 2026 0

ArcelorMittal Executive Chairman Lakshmi Mittal has identified India as one of the company’s biggest long-term growth markets, saying the country’s current development mirrors China’s growth trajectory from 25 years ago. He said India’s steel industry has significant room to expand over the next 30 to 40 years, creating major opportunities for the global steelmaker. The Continue Reading

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SAIL, Krakatau Steel to Build $350M Indonesia Plant

By Uniquetimesorg July 29, 2026 0

Steel Authority of India Limited (SAIL) and Indonesia’s Krakatau Steel are planning to invest up to $350 million in a new stainless steel slab manufacturing plant in Indonesia. The proposed facility will have an annual production capacity of 500,000 metric tons and is expected to become operational within the next three to four years. The […]Continue Reading

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US Tariffs Hit Indian Textile Exports

By Uniquetimesorg July 25, 2026 0

India’s textile and apparel exporters are expected to face tougher competition after the United States imposed a new 10% tariff on Indian goods. The Confederation of Indian Textile Industry (CITI) warned that the additional duty could make Indian products less competitive than those from several Asian countries. Under the new policy, Bangladesh, Cambodia, Indonesia, Continue Reading