Economy

Between 2014 and 2025, India recorded 181.25 million international arrivals and 93.35 million foreign tourist arrivals. The numbers reflect the expanding appeal of India as a travel destination, while also underlining the importance of better airports, highways, railways, last-mile connectivity and visitor infrastructure. Tourism growth is now being linked with modern mobility systems such as Vande Bharat trains, UDAN regional air connectivity, upgraded railway stations, improved highways and modern airports.

This growth reflects the continuing strength of India’s infrastructure, construction, manufacturing, engineering, transport and capital goods sectors. Steel remains a core material for national development, and the demand numbers indicate that domestic economic activity continues to generate strong offtake.

A major highlight of the investment is the ₹3,250-crore advanced printed circuit board manufacturing facility by ASCENT-K Circuit, a joint venture linked with South Korea’s KCC. The facility will focus on high-density and multi-layer PCBs, which are critical components used in modern electronics, consumer appliances, automobiles, telecom systems, industrial equipment and defence technologies.

The investigations have been initiated by the Directorate General of Trade Remedies, the trade investigation arm of the Commerce Ministry. The probes cover imports from China as well as Korea, Singapore, the United States and Thailand, depending on the product category. The move comes at a time when concerns are rising over the possible diversion of cheap goods into India due to global trade tensions and excess industrial capacity in China.

The shipment has been undertaken by M/s Shree Tirupati Balajee Industries Pvt. Ltd., a Varanasi-based manufacturer-exporter. Its movement from Varanasi to the Inland Container Depot in Kanpur for customs clearance, followed by onward transport to Jawaharlal Nehru Port for shipment to Oman, reflects the growing integration of regional manufacturing centres with India’s export logistics network.