capital goods
Hitachi India Aims For $20 Bn Boost To Parent's Revenue By 2030
Brands Companies Finance News

Hitachi India Aims For $20 Bn Boost To Parent’s Revenue By 2030

Hitachi’s Indian arm is aiming to become a major growth engine for the Japanese conglomerate, targeting a USD 20 billion contribution to its parent’s revenue by 2030. This ambitious goal was revealed by Bharat Kaushal, Hitachi India’s managing director, at the World Economic Forum. India’s growing importance as a global hub for component and capital […]

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India Won't Impose Restrictions On Laptop Imports: Report
Electronics Government News

DGFT Imposes Restrictions On Import of Laptops And Computers

The Directorate General of Foreign Trade (DGFT) has imposed restrictions on the import of specific laptops and computers falling under HSN code 8471. The new regulations, effective immediately, pertain to laptops, tablets, all-in-one personal computers, ultra small form factor computers, and servers. As per the notification issued by DGFT, importers are now required to obtain […]

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FIEO Requests Extension of Emergency Credit Line Guarantee Scheme Till March 2024
Manufacturing National News

India’s High Import Duty On Capital Goods May Hinder Its Potential As Global Manufacturing Hub

A higher import duty on capital goods may hinder India’s potential as a global manufacturing hub and hence it should reconsider the import duty to enhance its participation in the global value chain and accelerate the success of its Make in India program, MVIRDC World Trade Center Mumbai said in a report. The report suggested […]

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