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18 May 2026 APPOINTMENTS

R Mukundan has been elected as the President of the Confederation of Indian Industry (CII) for the 2026-27 term. He succeeds Rajiv Memani.

It is to be noted that the newly constituted National Council of the CII has also appointed Suchitra Ella as the President-Designate and Shashwat Goenka as the Vice President for the same term.

21 April 2026 BUSINESS

The Ministry of Commerce and Industry (MoC&I) has notified the establishment of the first semiconductor fabrication plant in India as a Special Economic Zone (SEZ) in Dholera, Gujarat.

The project is developed by Tata Semiconductor Manufacturing Pvt Ltd (TSMPL), a subsidiary of the Tata Group, with a total investment of ₹91,000 crore. The SEZ, spanning 66.166 hectares (ha), aims to strengthen the domestic semiconductor ecosystem and the national import substitution strategy.

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