Arunachal Chief Minister Urges MSME Growth In Northeast

28 Feb 2026 CW Team

The chief minister of Arunachal Pradesh urged accelerated development of micro, small and medium enterprises to strengthen the regional economy and promote employment across the north eastern states. He sought faster expansion of central and state schemes and closer coordination with financial institutions to improve access to credit and markets. The appeal highlighted the need to harness local resources and traditional skills for sustainable enterprise growth.

He outlined priorities for streamlining approvals, enhancing infrastructure and expanding industrial clusters while calling for tailored training programmes to raise technical and managerial capacity. The administration proposed greater engagement with industry bodies and central agencies to simplify implementation and monitor outcomes. Emphasis was placed on creating linkages between rural producers and urban markets to boost entrepreneurship and reduce migration.

Officials discussed measures to strengthen supply chains, invest in connectivity and develop common facility centres to lower production costs and improve competitiveness. The chief minister encouraged partnerships between public and private sectors and stressed the importance of timely release of funds and efficient delivery of support services. Attention was directed to promoting value addition in agricultural and handloom sectors as a strategy to increase incomes.

The state government indicated plans to review existing incentives to ensure they address local constraints and to set up monitoring mechanisms to track progress. Stakeholders were asked to provide feedback on policy design to ensure interventions are inclusive and regionally appropriate. The meeting was presented as a step towards a coordinated push for MSME-led growth across the north eastern region.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..