Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Refined products exports may rise 25% on IOCL's bet: Rs 75,000 crore investment to add 17.3 MMTPA capacity across three units by year-end
Indian Oil Corporation's expansion will boost refining capacity by December 2026. This increase is expected to significantly raise India's petroleum product export share. The company's capacity will reach 98.05 million metric tonnes per annum. This expansion will strengthen India's position as a global refining hub. Increased exports will also boost the nation's foreign exchange earnings.
Nissan targets two lakh annual sales from India; launches mid-size SUV Tekton
Nissan India targets two lakh annual car sales, balancing domestic and export volumes. The company plans to introduce new products and increase localization efforts. Nissan India is expanding its portfolio with new models like the Tekton SUV. This strategy aims to cater to both Indian and international markets effectively. The company is also investing in new manufacturing capabilities and brand promotion.
Consumer goods companies chart new manufacturing and sourcing course as West Asia crisis hits supply chain
Indian consumer goods firms like Dabur, Britannia, Tata Consumer Products, and Emami are rerouting manufacturing and sourcing away from West Asia due to the Iran conflict and Strait of Hormuz disruptions. Companies are shifting production to India, Egypt, and Turkey, and exploring new export routes to mitigate business impacts and ensure supply chain stability.
Huge potential to boost food, beverages exports to UAE: TPCI
India’s food and beverage exports to the UAE are poised for major growth, with current shipments valued at USD 3.6 billion compared to the UAE’s total imports of USD 22 billion. Holding a 10 percent market share, India is emerging as a trusted supplier of quality food products to the Gulf nation. Industry experts believe the India-UAE free trade agreement and the upcoming Indo-Food Park in Mumbai will further strengthen trade ties, enhance export infrastructure, and unlock new opportunities for Indian exporters in the UAE market.