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IEEMA Targets over 2X Growth in Electronics Exports within 5 Years
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Kerala Secures Rs 1.53 Tn Investment Proposals at Investors' Summit
Kerala secured investment proposals worth Rs 1.53 trillion from 374 companies during the two-day Invest Kerala Global Summit 2025 (IKGS). The largest commitment, amounting to Rs 300 billion, came from the Adani Group. The summit, held on February 21-22, attracted significant interest from the information technology sector, with 24 companies planning expansions through an additional investment of nearly Rs 85 billion, creating around 60,000 new jobs. A total of 66 companies submitted expressions of interest (EoIs) for investments exceeding Rs 5 billion. The summit strengthened investor confid..
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Artson Group, Malabar Cements Team Up for Boat Manufacturing in Kerala
Artson Group, a subsidiary of the Tata Group, has partnered with Malabar Cements, a public sector undertaking, to establish a boat manufacturing unit in Kochi. A Memorandum of Understanding (MoU) was signed during the Invest Kerala Global Summit, which concluded on Saturday, for the development of this Rs 3 billion project. The initiative aims to boost industrial growth in Kochi, with the Tata Group subsidiary expressing its commitment to investing in the region. Under the agreement, a boat manufacturing unit specializing in vessels under 100 tonnes will be developed on a seven-acre plot leas..
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India’s Ports to Expand by 500-550 MTPA Annually
India's ports sector is set for substantial expansion between FY 2023 and FY 2028, with an estimated annual capacity addition of 500-550 MTPA. This growth is primarily attributed to the increasing handling of petroleum, oil, lubricants (POL), coal, and containerized cargo. Currently, ports in India facilitate 95 per cent of the country's export volumes and 70 per cent of its export values, underscoring their essential role in trade. The nation’s extensive coastline of approximately 7,500 km, along with 20,275 km of national waterways across 24 states, provides a strategic advantage. Its loc..