Aiming to enhance export competitiveness, India will reinstate benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) initiative starting June 1. Originally launched in January 2021 and paused in February 2025, this plan reimburses exporters for taxes and levies not covered by other refund programs. It will...
Reliance Jio to Build Undersea Cable Network
Mumbai-based telecom operator Reliance Jio announced that it will construct the largest international submarine cable system centered on India. In conjunction with global partners and New Jersey headquartered submarine cable supplier SubCom, two next generation cables will be deployed to support the exponential growth in data demand across the region. ...
Siemens Healthineers Opens Global Innovation Hub in Bangalore
Siemens is locating a center of competence for innovation in digital technologies such as data analytics, artificial intelligence, immersive technologies like augmented and virtual reality, user experience, and cybersecurity in India. The company has Innovation Hubs in the United States, Germany, and China in addition to this one in Bangalore....
Indian exports to US, China rise in 2020
A major increase in India's exports to the United States and China, coupled with a decrease in imports from the two countries, was seen this year. According to data from India's Commerce Ministry, India's exports to the USA amounted to $5.1 billion in September 2020, 15.5% more than the figures...
India's InnAccel Technologies Launches Neonatal CPAP Device
Bangalore-based InnAccel Technologies launched Saans ( meaning 'breath' ) the world’s first infrastructure-independent, portable, neonatal CPAP or continuous positive airway pressure system which provides breathing support to critically ill neonates with Respiratory Distress Syndrome. The device can be used in resource-poor settings and during transportation to the neonatal intensive care unit. Developed...
India Accepts Electronic Instructions for Use for Med Tech
India's Ministry of Health & Family Welfare has accepted electronic instructions for use (eIFU) for medical devices and equipment, and has formalized this decision. The Medical Technology Association of India (MTaI), which represents leading research-based medical tech companies that have significant investments in India, said that the eIFU acceptance is...