Manufacturing

Saraf aims for $350bn export for FY2020-21 India's March exports showed a whopping double-digit growth of almost 60.50% clocking US$34.45 billion compared to March 2020, showing not only impressive signs of further revival for the sector but for overall economy...

$200m for promoting hydrogen over 5-7 years, says Chaturvedi India is looking towards to kick-start the hydrogen ecosystem development, which is estimated to call for US$200 million investment over the next five to seven years. "We have taken various initiatives...

Amb. Srivastava highlights Croatian maritime economy There is an opportunity for India to utilise Croatia as a gateway to Europe over the next two-three years, Ambassador Raj Kumar Srivastava has told a business forum held 14 April 2021 by FICCI....

‘E-Powerboost’ tractor: a 4W India-Japan collaboration Taking yet another giant leap in introducing state-of-the-art technologies in the tractor industry, International Tractors Limited (ITL) has launched the advanced Solis Hybrid 5015 tractor with Japanese hybrid technology across India. "We are committed...

Approved 14 medical device manufacturers Approvals have been accorded to applicants under Production Linked Incentive (PLI) Scheme for Promotion of Domestic Manufacturing of critical Key Starting Materials (KSMs) and Drug Intermediates and Active Pharmaceutical Ingredients (APIs) which would lead to...

India’s manufacturing and EU’s innovation capacity can be a game changer Commerce and Industry Minister Piyush Goyal has reiterated a call for Early Harvest agreements between India and European Union which are "fully WTO compliant" and the need to address...

1,700 German companies active in India, says Ministry Germany's Deutsche Bank has signed a loan agreement to lend Euro68.87 million (Rs.600 crore) to the National Cooperative Development Corporation (NCDC) for onward lending to cooperatives, especially the Farmer Producer Organizations being...

Vehicle manufacturers engage municipalities for growth The Indian Solid Waste Management Vehicles Market is projected to grow at a CAGR of 12.59% through FY2026 to reach US$141.42 million, driven by the government initiatives such as Swachh Bharat Mission which are...

Significant step forward to reduce India’s carbon footprint by 2030 The Indian Register of Shipping (IRClass) has undertaken successful sea trials for two vessels towards use of biofuels in concurrence with the Indian flag administration to help reduce the country's...

Birla's NEI sets up export-oriented venture Chicago's Amsted Seals, a global leader in sealing solutions and cutting-edge metal fabrication, has formed a joint venture with National Engineering Industries Ltd (NEI), a part of USD $2.4 billion diversified CK Birla Group,...