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Business

India food sector: Experts see food processing industry touching $535 bn by FY26; organic market set for sharp growth

India’s food processing sector, which contributes 7.7% to the nation’s manufacturing output and helps greater than 7 million jobs, is projected to develop to $535 billion by FY26, industry specialists mentioned on the Fi India and ProPak India occasion organised by Informa Markets.The industry is being propelled by rising consumption, greater exports, authorities help beneath

Business

GST revamp for drones: Sector set for progress; commercial UAVs ready for take-off with simpler tax structure

BENGALURU: In a transfer to decrease prices and take away longstanding ambiguities, the GST Council simplified the tax structure for unmanned aerial automobiles (UAVs). Commercial drones now entice 5% GST, whereas navy drones, flight movement simulators, high-performance batteries and communication tools, corresponding to software-defined radios have been totally exempted. At the identical time, GST on

Business

Amid U.S. tariff lows, Guwahati Tea Auction Centre posts high growth

Representational picture | Photo Credit: RITU RAJ KONWAR GUWAHATI Amid the U.S. tariff lows, the Guwahati Tea Auction Centre (GTAC) has recorded a brand new high. GTAC, the world’s largest public sale centre for CTC (crush, tear, and curl) or granular tea, and a serious hub for the worldwide tea commerce, registered an “impressive growth”

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