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NEW DELHI: India’s medical technology (medtech) sector is set to get its first dedicated investment fund, which will also support the government’s ‘Make in India‘ push. A clutch of investors and industry veterans led by Ganesh Sabat, former CEO of SMT (Sahajanand Medical Technologies), a major cardiac stent player, are floating a Rs 1,000 crore…
NEW DELHI: The Centre is expected to go ahead with its thrust on capital expenditure and is likely to step up spending in the budget, hoping that a multiplier effect, along with higher consumption demand will boost investment and economic activity.At the heart of the strategy will be a focus on railways, which may get…
Seeking to strengthen India’s position as a global hub for advanced steel production, the government on Tuesday launched the third round of the Production Linked Incentive (PLI) scheme for speciality steel, aimed at driving new investments and cutting import dependence in high-value segments such as defence, aerospace, automobiles, and infrastructure.Union Steel Minister H D Kumaraswamy…
