manufacturing sector News

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CBIC Engages Industry Stakeholders on Duty Deferment Benefits

New Delhi, March 28: The Central Board of Indirect Taxes and Customs conducted an outreach session in the national capital to familiarise manufacturer importers with the advantages of the Duty Deferment Scheme, aiming to streamline import processes and improve liquidity for businesses. Officials explained that the initiative is designed to allow eligible importers to delay […]

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Manufacturing Contract between Airbus & Mahindra Aerostructures

 NEW DELHI, 09 APR 2025: In a landmark event, Minister for Civil Aviation, Shri Ram Mohan Naidu, today chaired the signing ceremony for the H130 helicopter fuselage manufacturing contract between Airbus and Mahindra Aerostructures Pvt. Ltd. The event, held at the Ministry of Civil Aviation, was graced by the presence of Secretary Civil Aviation Shri […]

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India services PMI surges to 59.3 in December on strong demand

New Delhi, Jan 6, 2025: India’s services sector witnessed robust growth in December 2024, achieving the fastest expansion in four months, fueled by strong demand and easing inflationary pressures, according to a private survey released on Monday. The S&P Global India Services Purchasing Managers’ Index (PMI), compiled by HSBC, surged to 59.3 in December, up […]

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