automotive components

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    Petrochemical Import Duty Exemption Amid West Asia Crisis

    New Delhi, April 2 The government on Thursday exempted the import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia.The duty exemption, which is valid until June 30, will benefit...
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    US Tariffs and Geopolitical Risks Shape India's Rating Profile

    Mumbai, April 1 US tariff orders are likely to moderate India Inc's credit profiles in the second half of FY26, and the West Asia conflict, especially its duration, will play a crucial role in determining how it pans out in the future, rating agencies said on Wednesday.Crisil Ratings, which...
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    Kerala Sees Major Infrastructure Boost with PM Modi's Initiatives

    Prime Minister Narendra Modi launched several development projects worth approximately ₹11,000 crore in Ernakulam, Kerala, today. Mr. Modi laid the foundation stone for the Polypropylene Unit at the Kochi Refinery of Bharat Petroleum Corporation Limited (BPCL). The investment in this project is...
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    Industrial Units in Chhatrapati Sambhajinagar Face Export Challenges

    Chhatrapati Sambhajinagar, March 4 The US-Israeli war on Iran has begun, and its negative impact is being felt in Maharashtra's industrial units due to disruptions in the global supply chain. An industry organization here stated that containers intended to transport automobile components to...
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    Uttar Pradesh Secures $11,000 Crore Investment from Japanese Companies

    Tokyo/Lucknow, February 25 Memoranda of understanding (MoUs) worth approximately ₹11,000 crore were signed with several Japanese companies during the first day of Uttar Pradesh Chief Minister Yogi Adityanath's visit to Japan on Wednesday.The agreements were signed with companies, including...
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    Schaeffler India Reports Strong Revenue and Profit Growth

    Mumbai, February 24 Schaeffler India, the Indian arm of the German automotive component supplier, announced on Tuesday that its standalone net profit rose 32 per cent year-on-year to ₹327.96 crore for the three months ending December.Schaeffler India had reported a standalone net profit of...
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    Japan Prefectures Seek to Deepen Economic, Cultural Ties with India

    Tokyo, February 23 – With India emerging as one of the world's fastest-growing major economies, cooperation between regions, shaped by both central governments and local stakeholders, could become a key pillar of the next stage of the India-Japan relationship, according to a report released on...
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