Prime Minister Narendra Modi, while addressing the inaugural session of CII annual conference, exuded confidence that India would get its growth back and that the government was focused on a long-term growth. He assured industry leaders that they would get full support from the government to emerge from economic distress, caused by coronavirus and prolonged lockdown. He also said that India must shift its focus to strengthening local supply chains and indigenous manufacturing units. Watch the video for more.Also Read: Coronavirus lockdown: How sugar production topped 268 lakh tonnes - higher than projected

A nationwide lockdown was imposed in the country on March 25 in order to prevent the spread of coronavirus. The lockdown is still in force but with many relaxations, helping industries to resume operations partially

In the middle of the current pandemic, India has emerged as a credible supplier of essential medicines

India needs to fully digitise logistics and reduce dependence on roads for efficient movement of goods

India can be 'world's office' if China is 'world's factory': Uday KotakManaging Director of Kotak Mahindra Bank Uday Kotak on Sunday stressed on the cost-competitiveness of India's professionals across sectors and said that the country has potential to become the world's office. \"China is the world's factory, India can be its office!\" Kotak tweeted. The comment comes on the backdrop of the reports that a number of global giants are looking to shift their manufacturing facilities...

The comment comes on the backdrop of the reports that a number of global giants are looking to shift their manufacturing facilities to other countries from China

Though the government's SAUBHAGYA scheme claims to have provided connections to 100 per cent households, that is not sufficient. Under this scheme, the beneficiary households were provided only one LED light and one power plug, says Shailendra Roy

The government last week announced a slew of measures including Rs 3 lakh crore collateral free loans, but most MSMEs say this will not help much given that they need immediate cash support

Shipping the inventory to the US and moving it to the distribution channels under the current scenario was a challenging exercise for Biocon

President Donald Trump said that he wants to bring manufacturing back to the US

India's total cases near 75,000 a day after PM Modi's economic boosterIndia's total count of confirmed COVID-19 cases jumped to 74,281 on Wednesday, a day after Prime Minister Narendra Modi's Rs 20 lakh crore special economic package for the country.Prime Minister Narendra Modi in his nationwide address on Tuesday announced a special economic package of Rs 20 lakh crore to help revive economic activity and make India self-reliant in the view of COVID-19 pandemic. PM Modi in his sp...

While announcing the much-awaited package, he hinted that a lot of support would be directed towards lower-end of the society which include workers and farm sector

Companies are rediscovering what works and what doesn't

In a Covid-stricken world, as government spending shifts to healthcare, infrastructure should not get the short shrift. That could severely impact the economy

MSME guide to survival has several drastic measures such as lower leverage and diversification into newer areas

India's $120-billion automobile industry will see lower factory output, greater consolidation among suppliers, digital showrooms and simulated test-drives

On the timeline of full-swing operations, Bhargava said that would depend on government regulations such as when two shifts would be allowed

Coronavirus Live Updates: The Prime Minister also mentioned efforts needed to address 'jan se jag tak' - from people to world, adding that the world will change after the coronavirus crisis, as it did after the two World Wars

Due to disruptions in the global supply chain on account of the Covid-19 crisis, many foreign companies are looking to reduce their dependency on China and set up manufacturing facilities in other countries

Share price of Maruti Suzuki gained 2.01% to Rs 4,937 against previous close of Rs 4,839 on BSE