News

Union Budget 2026-27 boosts electronics manufacturing with Rs 40,000 crore outlay for ECMS

The Union Budget 2026-27 has given a major fillip to India’s fast-growing electronics manufacturing sector by raising the outlay of the Electronics Components Manufacturing Scheme (ECMS) to ₹40,000 crore. The enhanced allocation underscores the government’s commitment to deepening domestic manufacturing capabilities, strengthening the component ecosystem, and positioning India as a global hub for advanced electronics.

Union Budget 2026-27 boosts electronics manufacturing with Rs 40,000 crore outlay for ECMS Read More »

India-US trade breakthrough brings relief for electronics exports, spurs $100 billion ambition

The India-US trade deal may help drive bilateral electronics and semiconductor trade towards $100 billion and provide clarity to businesses even as concerns still linger over potential tariff risks linked to US Section 232 investigations, industry bodies and companies told ET.

India-US trade breakthrough brings relief for electronics exports, spurs $100 billion ambition Read More »

Smart mobility, AI, and sensor networks key to Bengaluru’s traffic solutions, say industry leaders

Sanjeev Kumar Gupta, chief executive officer, Karnataka Digital Economy Mission, said: “We are exploring new collaborations with sustainable mobility companies to solve traffic problems, possibly using AI. We are already exploring opportunities with start-ups from India, Canada, and across the globe. Anyone with better solutions, we would like to interact, understand, and see how we can start looking at opportunities within our own ecosystem. The key is partnerships with the industry and private participation, rather than relying solely on the govt.”

Smart mobility, AI, and sensor networks key to Bengaluru’s traffic solutions, say industry leaders Read More »

GCCs contribute over 40% to India’s office leasing in 2025: Report

India’s office real estate market clocked an all-time high last year, with Global Capability Centres (GCCs) accounting for more than 40 per cent of total gross office leasing across top seven cities, reveals a new report.

According to the latest study by FICCI-ANAROCK titled ‘Workplaces 2025: India Commercial Real Estate Reimagined’, India is on track to host over 2,400 GCCs by 2030, employing more than 2.8 million professionals.

GCCs contribute over 40% to India’s office leasing in 2025: Report Read More »

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