9JULY 2026The government has introduced a new customs rule aimed at improving transparency and tightening compliance in the import processes. This rule will also significantly reduce import costs for India's Battery Industry. The rule introduces a major overhaul of customs duty rules aimed at strengthening domestic manufacturing, with a particular focus on electronics and clean energy supply chains.The rule is expected to impact importers, logistics providers, and customs officials by introducing stricter documentation requirements and enhanced digital tracking mechanisms. The policy also aligns with earlier budget measures that extended basic customs duty exemptions on capital goods. This was required for lithium-ion battery production and critical mineral processing. This reinforces India's long-term manufacturing strategy for the battery industry. Tata vs Foxconn is no longer just a competition between two manufacturers. It has become a race that could shape Apple's India iPhone business for years to come. The big question now is can Tata overtake Foxconn to become Apple's largest manufacturing partner in India. Backed by strategic acquisitions, rising exports, and major investments, Tata Electronics has emerged as Foxconn's strongest challenger as Apple continues to expand its production outside China. India has become a key part of Apple's global supply chain, with one in every four iPhones now being made in the country. As production grows, the rivalry between Tata and Foxconn is becoming one of the biggest stories in India's electronics manufacturing sector. India's cargo handling capacity is set for a major boost as JSW Infrastructure plans to invest more than Rs 2,100 crore to develop a 52 million tonnes per annum (MTPA) captive jetty in Odisha. The project is expected to 180 Retail GCCs have helped India emerge as the new global business hub for multinational retailers, marking a major shift in how global companies manage their operations. According to a report by TeamLease Digital, the country is now home to 180 retail GCCs, making it the world's largest destination for these centers.The Retail GCC ecosystem has expanded rapidly, with nearly 2.72 lakh professionals working across these facilities. The report also found that hiring demand has almost doubled since 2024, showing that global retailers are increasingly choosing India to lead their technology, operations, and innovation. The government has approved Navi Mumbai International Airport as a notified port for the import of drugs. This decision comes as part of boosting trade efficiency and enhancing ease of doing business. With this addition, the total number of notified ports for the import of drugs has now reached 42. This offers importers greater flexibility and improved access points across the country.The amendment is expected to strengthen logistics infrastructure and provide greater flexibility to importers by adding a new alternative for import of medicines into the country. India, being one of the largest manufacturing markets globally, relies on the timely import of raw materials, active pharmaceutical ingredients (APIs), and finished formulations. ONE POLICY MOVE COULD SUPERCHARGE INDIA'S BATTERY INDUSTRYCAN TATA OVERTAKE FOXCONN TO LEAD APPLE'S INDIA IPHONE BUSINESS?ODISHA'S CARGO HANDLING SET TO RISE WITH RS 2,100 CRORE JETTY PROJECT180 RETAIL GCCS MAKE INDIA THE NEW GLOBAL BUSINESS HUBNEW IMPORT PATHWAY TO BOOST TRADE EFFICIENCY AND EASE ON BUSINESSstrengthen port infrastructure, improve cargo handling efficiency, and support the raw material and finished steel movement for JSW Steel's upcoming integrated steel plant near Paradip.The investment also reflects the company's focus on expanding its port business while reducing logistics costs for its steel operations. The captive jetty will be developed at the Jatadhari river mouth in Odisha through JSW Jatadhar Marine Services, a wholly owned subsidiary of JSW Infrastructure. The project was transferred from JSW Utkal Steel after the Odisha government approved a novation agreement between the two entities.
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