Power Tools News - Latest Updates & Headlines
Tools sector presents significant opportunity for India to enhance its export footprint: Niti Aayog report
New Delhi, April 18: Tools manufacturing sector presents a significant opportunity for India to enhance its export footprint, create jobs, and establish itself as a competitive player on the world stage, a joint report by NITI Aayog and the Foundation for Economic Development asserted.
NITI Aayog's $25 billion export plan to support domestic manufacturers in India: Suman Bery
New Delhi, April 15: The NITI Aayog’s $25 billion export roadmap to boost India's hand and power tools sector is not just about tapping global opportunities, but about creating the right conditions at home for Indian businesses to thrive, the government think tank's Vice Chairman Suman Bery said on Tuesday.
India can clock $25 bn in exports, create 35 lakh jobs in hand and power tools sector: Report
New Delhi, April 15: India has the potential to capture a larger share of the global trade market for power and hand tools, targeting $25 billion in exports over the next decade, which could create approximately 35 lakh jobs by achieving a 10 per cent market share in power tools and 25 per cent in hand tools, a NITI Aayog report showed on Tuesday.
Global trade market for power and hand tools worth USD 100 billion is projected to reach USD 190 billion by 2035
New Delhi, April 15: The global trade market for power and hand tools, currently valued at approximately USD 100 billion, is projected to grow significantly, reaching around USD 190 billion by 2035, according to a report by NITI Aayog.