Manufacturing

Industry expected to invest Rs.45,000 crore The Cabinet has approved the proposal of Department of Heavy Industry for implementation of the Production Linked Incentive (PLI) Scheme 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage’ with an outlay of Rs.18,100...

Several manufacturers are on board to make Charge Point Device Cities, towns and villages in India will soon be able to benefit from an innovative low-cost Electric Vehicle (EV) charge point that can accelerate the adoption of Electric 2-wheelers and...

A recognition to the Indian industries and technology providers The National Technology Day celebrations highlighted an increase in entrepreneurship spirit to develop cost effective indigenous solutions. The day is a significant milestone in the history of India’s technological innovations as...

Over 6,000 European companies operates in India Portugal Prime Minister Antonio Costa said the relaunch of India-EU will open up new areas of cooperations for both sides, bilateral trade having risen 72% in the last decade and investments doubled. He...

Gadkari highlights the untapped potential of bio-CNG The government aims to boost the value of the automobile industry from Rs.450,000 crores to Rs.1,000,000 crores, while developing import substitutes for fuels with ionized electric vehicle batteries. Stating this, Minister for Road...

India actively de-bureaucratising systems, the Minister assures India and the European Union are committed to work towards a balanced, ambitious, comprehensive and mutually beneficial trade agreement and a separate investment protection agreement on a parallel track, and together they shall...

Stressed hospitals fear third wave infection The RBI’s move to bolster liquidity by Rs.50,000 crore is expected to provide immediate liquidity support to entities such as vaccine and oxygen manufacturers, and small-medium scale pharmaceutical companies looking at enhancing their capacities,...

Pandemic created supply-demand gap The Indian medical market is estimated to reach Rs.1,674.63 billion by 2025, expanding at a compound annual growth rate (CAGR) of ~22.75% during the 2021-25 forecast period, said a report by ResearchAndMarkets. The Covid-19 pandemic has...

Approved: 5G Technology and Spectrum Trials Bharti Airtel Ltd, Reliance JioInfocomm Ltd, Vodafone Idea Ltd and MTNL have tied up with original equipment manufacturers and technology providers Ericsson, Nokia, Samsung and C-DOT to conduct trials for use and applications of...

Roadmap 2030 for Comprehensive Strategic Partnership India and the United Kingdom have launched an ‘Enhanced Trade Partnership’ (ETP) to unleash the trade potential between the 5th and 6th largest economies of the world and by setting an ambitious target of...