Manufacturing

Mahindra Defence to make indigenously-designed tanks The Ministry of Defence (MoD) signed a Rs.1,056 crore contract with Mahindra Defence Systems Ltd (MDSL) for supply of 1,300 Light Specialist Vehicles to the Indian Army. The induction of vehicles is planned to...

DRDO done 233 projects in past three years Fifty-six proposals have been accorded ‘Approval in Principal’ under the industry-funded Make-II category which includes design & development and innovative solutions by Indian vendor, for which no Government funding is provided, but...

Aggarwal sees export growth in double digits in five years Relief measures provided by the Government has significantly benefited the exporters to resume a normal exports growth trajectory with 2021-22 exports projected at US$545 billion, a whopping growth 12% from...

Puri updates Rajya Sabha on exports Active role of Indian missions abroad towards promoting India’s trade, tourism, technology and investment goals has been enhanced, Minister of State in the Ministry of Commerce and Industry, Hardeep Singh Puri, said in a...

Czech envoy urges India-Europe to lead in entrepreneurship India is negotiating a connectivity partnership with the European Union which is to further connect people-to-people and build on trade, business and technology sectors in the coming times, said Sandeep Chakravorty, Joint...

BDL to supply 4,960 MILAN-2T ATGMs Acquisition Wing of Ministry of Defence (MoD) has signed a Rs.1,188 crore contract with Defence Public Sector Undertaking (DPSU) Bharat Dynamics Limited (BDL) for the supply of 4,960 MILAN-2T French-origin Anti-Tank Guided Missiles (ATGMs)...

Envoys listed out opportunities in a wide range of economic sectors There are great prospects for furthering bilateral ties between India and the Latin American Region and both sides have the determination to take effective steps and explore opportunities, according...

Infra-Pharma-Food Processing seek long-term credit Economic recovery has started to gain momentum as high-frequency indicators show demand is holding up, almost a year into the COVID-19 pandemic, according to a banking industry survey which also cited RBI's statistics showing improvement...

IOC Phinergy intends to develop fuel cells Phinergy, an Israeli start-up company specializing in hybrid lithium-ion and aluminium-air/zinc-air battery systems has formed a joint venture with Indian Oil Corp Ltd to manufacture Aluminum-Air systems in India based on domestically available...

ASEAN envoys highlights potential of expanding businesses Strong relationship with ASEAN will accelerate India's rise to become one of the top economies of the world, believes the Malaysian High Commissioner Hidayat Abdul Hamid. "India is one of Asia's most important...