Kautilya

India is likely to export a record 55 lakh tonnes of sugar for the season of 2019-20, according to top industry officials. Sugar millers have signed contracts for 52 lakh tonnes and 48 lakh tonnes has already moved out, Prakash Naiknavare, MD, National Federation of Cooperative Sugar Factoriess (NFCSF) stated. Exports could hit a high of 55 lakh tonnes, given the fact that millers have time till September 2020 to export sugar, he said.

To boost gas usage, India is expanding infrastructure including building new liquefied natural gas (LNG) import plants and connecting households with an expanding gas pipe network. New Delhi said recently that no authorisation was needed to set up LNG dispensing facilities for vehicles.

Apple’s global contract manufacturers, Foxconn and Wistron, have applied for Modi government’s production-linked incentive (PLI) scheme to make India its next hub for production and exports of iPhones.

The Centre’s move to increase its policy focus on domestic manufacturing through “Atmanirbhar Bharat Abhiyan” as well as “Make in India” initiatives augurs well for the domestic solar manufacturing players.