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Kerala's Industries Minister P Rajeeve has inaugurated the foundation stone for NDR Space Private Ltd's ₹250 crore warehousing and industrial park in Chunungamveli, Aluva. Spanning 16 acres, the facility is projected to create 300 direct and indirect jobs. This marks the 100th project under the Invest Kerala Summit, which has attracted ₹36,000 crore in investments since its February meeting, generating approximately 50,000 employment opportunities across various sectors, including logistics and manufacturing. Raj Srinivasan, CEO of NDR Space, emphasized the project's role in enhancing industrial activity and supply chain efficiency in the region, with plans to complete it by March 2026. The development is part of a larger strategy to establish nearly two million square feet of Grade-A warehousing across Kerala, catering to the needs of the FMCG, pharmaceutical, e-commerce, and third-party logistics sectors, thereby modernizing the state's logistics ecosystem. 
Published: Nov 06 2025, 4 pmeznews.inThe Indian government is poised to announce the Export Promotion Mission (EPM), a key initiative aimed at bolstering the competitiveness of exporters, particularly in light of recent US tariffs. Initially outlined in Finance Minister Nirmala Sitharaman's Union Budget for 2025-26 with an annual allocation of ₹2,250 crore, the EPM may now be extended over three to five years with increased funding. Following necessary clearances from the Commerce Department, the formal announcement is expected post-Bihar elections. Industry officials have expressed urgency for the EPM, especially after the lapse of the interest equalisation scheme and ongoing challenges faced by exporters. The EPM will comprise two main components: export promotion, which may include financing options and support for e-commerce, and export direction, aimed at assisting exporters in market entry and compliance with international standards. This initiative comes as India's goods exports stagnated at $437.42 billion in FY25, exacerbated by a 50% tariff imposed by the US.
Published: Nov 06 2025, 6 pmeznews.inThe Comptroller and Auditor General (CAG) of India has initiated consultations with stakeholders to identify challenges within infrastructure ministries, which aim to invest ₹3 lakh crore annually to boost freight transport from 26% to 45% by 2047. An Integrated Audit Group (IAG) will conduct an "agile audit" across key sectors, including railways and highways, to assess the government's multi-modal transport initiatives, with a report due to Parliament in 2026. Key concerns include poor interconnectivity, complex regulations, and an inadequate digital ecosystem for logistics. The audit will focus on enhancing first-mile and last-mile connectivity and will cover nine railway zones and critical freight corridors. This initiative aligns with the National Rail Plan 2030, which seeks to modernize the railway system, and the PM Gati Shakti National Master Plan, aimed at streamlining logistics and encouraging private investment in cargo terminals.
Published: Nov 06 2025, 6 pmeznews.inKashmir's reliance on agrochemicals has raised alarm among experts, particularly due to a surge in pesticide-related cancer cases. Agriculture Minister Javed Ahmad Dar announced at the Food Safety and Health Conclave 2025 in Srinagar that the government is promoting organic farming through the Holistic Agriculture Development Programme (HADP), which aims to convert 75,000 hectares to organic cultivation and 20,000 hectares of existing orchards to eco-friendly practices. This initiative seeks to enhance biodiversity and food safety while protecting human health. Since 2018, over 64,000 cancer cases have been reported in Jammu and Kashmir, with a significant number linked to pesticide exposure among orchard workers and nearby residents. Experts highlight that over 90% of the 4,080 metric tonnes of pesticides used annually in the region are applied to apple orchards, making Kashmir the fourth highest in pesticide consumption nationwide, raising concerns about the long-term health implications for the local population.
Published: Nov 06 2025, 4 pmeznews.inRecovering and reusing materials from discarded solar panels could represent a ₹3,700 crore market opportunity by 2047, according to new studies from the Council on Energy, Environment and Water (CEEW). The research indicates that recycling valuable materials like silicon, copper, aluminium, and silver could supply 38% of the solar sector's manufacturing inputs and prevent 37 million tonnes of carbon emissions. Currently, India's solar recycling market is in its infancy, with only a few commercial recyclers. The studies outline a blueprint for a domestic solar recycling ecosystem, predicting that India will generate over 11 million tonnes of solar waste by 2047, necessitating nearly 300 recycling plants and an investment of ₹4,200 crore. To make recycling viable, the studies recommend policy measures, including Extended Producer Responsibility (EPR) targets and incentives, to foster innovation and create a sustainable circular economy in the solar sector.
Published: Nov 06 2025, 4 pmeznews.inIndia's sugar industry anticipates a significant increase in exports, projecting a rise to approximately 2 million tonnes in the upcoming season, driven by a reduced diversion of sugar for ethanol production, which has resulted in a larger domestic surplus. Industry officials noted that this increase could impact global sugar prices, particularly in New York and London, where futures are currently at five-year lows. Following a drought that led to a government ban on sugar exports in 2023/24, India, the world's second-largest sugar exporter, is now poised to boost shipments after averaging 6.8 million tonnes annually in previous years. The Indian Sugar & Bio-Energy Manufacturers Association estimates net sugar output for the 2025/26 season at 30.95 million tonnes, an 18.5% increase from last year. The industry is urging the government to permit early exports to capitalize on a brief window before Brazilian supplies enter the market.
Published: Nov 06 2025, 4 pmeznews.inIndia's services sector experienced a slowdown in growth during October, with the HSBC India Services Purchasing Managers’ Index (PMI) dropping to 58.9 from 60.9 in September, marking the slowest expansion since May. Despite this decline, the index remains significantly above the neutral threshold of 50, indicating ongoing growth, bolstered by resilient demand and Goods and Services Tax (GST) relief. Competitive pressures and heavy rainfall were cited as factors contributing to the slowdown. Notably, international demand for Indian services continued to rise, although at the weakest rate since March. Input costs and output charges increased at their slowest rates in 14 and seven months, respectively, as firms reported improved operating conditions. Companies expressed optimism about future business activity, leading to increased hiring. Meanwhile, the composite PMI, which includes both manufacturing and services, also fell to 60.4, reflecting a broader deceleration in economic momentum.
Published: Nov 06 2025, 4 pmeznews.inThe Karnataka Maritime Board (KMB) has formalized multiple agreements aimed at bolstering the state's maritime sector, with anticipated investments of approximately ₹4,500 crore. During the India Maritime Week 2025, KMB entered into a concession agreement with JSW Infrastructure Ltd for a ₹4,118 crore all-weather deep-water greenfield port at Keni, Uttara Kannada, under a public-private partnership. Additionally, KMB signed a memorandum of understanding with Konkan Railway Corporation Ltd for a ₹45.88 crore railway siding development in the same district. An MoU with the Inland Waterway Authority of India was also established to enhance national waterways in Karnataka, valued at ₹300 crore. Furthermore, KMB partnered with the National Inland Navigation Institute to create a Centre of Excellence in Mangaluru and collaborated with the Karnataka Department of Fisheries on ₹12 crore projects in Ballari, focusing on cold storage and processing facilities.
Published: Nov 06 2025, 3 pmeznews.inThe Maharashtra government has approved a ₹7,485 crore grant to boost Rabi sowing following significant crop losses from unseasonal rains during the Kharif season. The Marathwada region will receive the largest allocation of ₹4,486 crore, with Vidarbha, Pune, and Konkan divisions receiving ₹2,544 crore, ₹785 crore, and ₹29.68 crore, respectively. Currently, only 0.59% of the target area has been sown, but authorities expect this to improve as water levels and soil moisture have increased. Agriculture Minister Dattatray Bharne noted that the Rabi sowing area could expand from the usual 56 lakh hectares to 65 lakh hectares this year. The government aims to credit the funds directly to farmers' accounts to facilitate immediate relief and support for fresh sowing, fostering optimism for a productive agricultural cycle and revitalizing rural economies in the state.
Published: Nov 06 2025, 3 pmeznews.inSingapore-based Green Point Pte, a subsidiary of Sarveshwar Foods, has entered into a strategic Memorandum of Understanding (MoU) with the Indian Rice Exporters Federation to secure a steady supply of premium Indian rice for international markets. The agreement aims to facilitate the procurement and export of 50,000 tonnes of Indian rice, valued at $20 million, on a Cost and Freight basis. This export order includes 40,000 tonnes of Parboiled Rice and 10,000 tonnes of White Rice, targeting key markets such as the UAE, USA, and several African nations. The MoU emphasizes product quality, regulatory compliance, and future collaboration, with Sarveshwar Foods' Chairman Rohit Gupta highlighting India's rice cultivation expertise as a perfect match for the Group's global ambitions. The partnership underscores the increasing global demand for high-quality Indian rice, reinforcing India's position in the international agricultural market.
Published: Nov 06 2025, 3 pm
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