Manufacturing Archives - Universal Group Of Institutions
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25Feb 2025

India’s Textile Industry Faces Challenges, Government Pushes Reforms

Why in the News? India’s textile industry is struggling due to declining exports, rising production costs, and competition from China. The government has introduced PLI schemes, mega textile parks, and import duty reductions to boost competitiveness. Focus on sustainability and innovation for long-term growth. Challenges Facing India’s Textile Industry: The Indian textile industry is struggling …

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13Feb 2025

Karnataka’s Industrial Leap: ₹7.5 Lakh Crore Investment, 20 Lakh Jobs, and a High-Tech Future

Karnataka’s Industrial Policy for 2025-30 outlines a comprehensive strategy to position the state as a leader in high-tech manufacturing and sustainable economic development. The policy aims to attract investments totaling ₹7.5 lakh crore and generate 20 lakh jobs over the next five years. Key Objectives: Investment and Employment: The policy targets ₹7.5 lakh crore in …

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