Parry Enterprises ties up with Memsift Innovations to set up membrane unit
Parry Enterprises India Ltd, (PEIL) has entered into a strategic partnership with Singapore-based Memsift Innovations to establish a facility to produce up to 1.2 million square metre of high-quality membranes annually. Key Points
The Hindu'Mass' consumers with income between Rs 2.5-10 lakh to be growth engine for eCommerce market: Report
The retail boom in India will be driven mainly by those who are earning between Rs 2.5-10 lakh annually and presents a $1.3 trillion opportunity by 2030, a new report has stated. This segment of 'mass' consumers is projected to drive ~US$ 1.3 trillion in the overall Indian retail market and nearly 45% of the $300 billion eCommerce opportunity in India by 2030. Key Points
Economic TimesIndia to save Rs 1.28 lakh crore every year if more cargo moves by Rail: Railways Minister Ashwini Vaishna
India's Railways Minister, Ashwini Vaishnaw, stated that India could save Rs 1.28 lakh crore annually in diesel costs by 2031 if it successfully transports an additional 1,500 million tonnes of cargo via trains. He highlighted that another 3,000 million tonnes of additional cargo is expected to move in the country by 2031 at the current economic growth rate. Key Points
Economic Times