India approves sixth semiconductor plant in UP
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Highlights from the latest edition of Business Bytes:
LEAD: The Union Cabinet has approved India’s sixth semiconductor unit under the India Semiconductor Mission, to be set up in Jewar, Uttar Pradesh, through an HCL-Foxconn joint venture.
The Maharashtra government has entered into a Memorandum of Understanding (MoU) with Blackstone Group’s subsidiaries, XSIIO Logistics Parks and Horizon Industrial Parks, to attract Rs 5,127 crore in foreign direct investment (FDI).
HIGHLIGHT: India has overtaken Japan as Asia’s top equity market, with 42% of fund managers overweight, driven by global supply chain shifts and tariff-led investment realignment, says Bank of America.
In today’s crowded marketplace, packaging isn’t just about protection—it’s about making a statement.
“The circular economy will become the backbone of consumption” - Abhishek Agashe, Co-founder & CEO of Elima.
FACT: Indians received 22% of all UK work visas in 2023—the highest globally—despite a 50% year-on-year drop due to new immigration rules.
Decoding China’s export curbs and India’s response: In this article, we break down what’s changed, what sectors are at risk, and what Indian businesses must do to stay ahead.
Stay tuned for more such updates.
LEAD STORY
India approves sixth semiconductor plant in UP
The Union Cabinet has approved India’s sixth semiconductor unit under the India Semiconductor Mission, to be set up in Jewar, Uttar Pradesh, through an HCL-Foxconn joint venture. With an investment of ₹3,706 crore, the plant will produce display driver chips for electronic devices and create 2,000 jobs.
Maharashtra, Blackstone sign ₹5,127 cr MoU to create 27,500 jobs
The Maharashtra government has entered into a Memorandum of Understanding (MoU) with Blackstone Group’s subsidiaries, XSIIO Logistics Parks and Horizon Industrial Parks, to attract Rs 5,127 crore in foreign direct investment (FDI). This strategic investment will drive the development of state-of-the-art logistics and industrial parks in key hubs such as Nagpur, Bhiwandi, and Pune.
HIGHLIGHT OF THE DAY
India has overtaken Japan as Asia’s top equity market, with 42% of fund managers overweight, driven by global supply chain shifts and tariff-led investment realignment, says Bank of America.
How smart summer packaging can boost sales & brand loyalty
In today’s crowded marketplace, packaging isn’t just about protection—it’s about making a statement. As temperatures rise, smart brands are turning up the heat with vibrant, functional summer packaging that captures attention, drives sales, and creates memorable brand moments.
Revisit: Chopper View
“The circular economy will become the backbone of consumption”
Elima is pioneering a “landfill-free future” by providing integrated waste management solutions. Since launching in 2022 with an e-waste recycling facility in Hyderabad, the company has rapidly expanded, using technology and data-driven insights to help businesses eliminate waste from their supply chains.
In this interview, Abhishek Agashe, Co-founder & CEO of Elima, shares insights on overcoming early challenges, leveraging innovation, and scaling sustainable waste management. He discusses Elima’s role in advancing circular economies, supporting waste pickers, and aligning with “Make in India” and “Digital India”. Join us as we explore how Elima is transforming waste into a valuable resource for a more sustainable future.
FACT OF THE DAY
Indians received 22% of all UK work visas in 2023—the highest globally—despite a 50% year-on-year drop due to new immigration rules. They also held the second-highest share of UK student visas after China. The India-UK FTA will add 1,800 more work visas annually for Indians.
Beyond Borders: Decoding China’s export curbs and India’s response
On January 1, 2025, China quietly redrew the rules of global trade. Its Ministry of Commerce (MOFCOM) rolled out a major overhaul of the Catalogue of License Management for Dual-Use Items and Technologies, imposing stringent export controls on a wide spectrum of products. For Indian businesses, particularly in pharmaceuticals, electronics, precision tools, and defense-adjacent sectors, this isn’t just regulatory housekeeping—it’s a paradigm shift.
Items once considered low-risk are now subject to end-use scrutiny, detailed certifications, and licensing hurdles. Even civilian-use goods are being flagged if deemed “dual-use” with potential military applications. Indian exporters and importers must swiftly adapt, or risk supply chain disruptions, customs delays, or compliance penalties.
In this article, we break down what’s changed, what sectors are at risk, and what Indian businesses must do to stay ahead. From legal documentation to strategic diversification and AI-powered compliance tools—2025 demands trade with precision.
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Handicraft wholesaler
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