Manufacturing

skyTran to impact on high-speed intra and inter-city connectivity Reliance Strategic Business Ventures Limited (RSBVL) has acquired additional equity stake Delaware-incorporated skyTran Inc for a consideration of US$26.76 million increasing its shareholding to 54.46% on a fully diluted basis for...

Toy manufacturers assured of Govt support Commerce and Industry Minister Piyush Goyal is "actively pursuing" Airbus to begin manufacturing aeroplanes in India, according to a report by the Press Trust of India. "I'm actively pursuing Airbus to try and get...

Bhartia completes strategic acquisition Pune headquartered ADVIK Hi-Tech, a leading global automotive component manufacturer, has completed the acquisition of Hanon Bangalore Operations Pvt Ltd from Hanon Systems of South Korea (KS: 018880), saying it is a strategic fit as it...

ASSOCHAM expects better 4Q The positive albeit marginal growth reported in the third quarter of 2020-21 is indeed encouraging and marks a significant turnaround into the Indian economy returning to a positive trajectory after sharp drops in the first two...

Tax incentives to propel housing demand ICRA Limited has changed its outlook to stable on some Indian sectors such as auto and textiles on expectations of a swift demand recovery, reconsidering from negative outlook previously. This follows ICRA's associate Moody's...

Power demand driving factors in play The India Solar Inverter Market size is projected to grow at a CAGR of 14.4% during 2020-26 (forecast), driven by a number of factors including increasing private sector involvement, says a report by ResearchAndMarkets....

Uzbekistan clears import of Indian products Air corridors would play a critical role in deepening economic relations between India and Central Asian economies which has a free trade agreement with Uzbekistan, Indian Ambassador Manish Prabhat told the 2nd Edition of...

India to create world class facility for metallurgical engineering Steel Minister Dharmendra Pradhan has pointed out the need to develop intellectual property and technology in the areas of advanced steels and alloys, so that the critical requirements are satisfied indigenously,...

Kant calls for cutting edge technology for advantage in export markets The United Kingdom and India are already working closely on an enhanced trade partnership, which will help deepen trade ties, remove market access barriers and act as a roadmap...

India seeks internationally-benchmarked stainless price The Indian downstream stainless industry is seeking timely import-delivery at internationally benchmarked price, given that domestic demand for raw material outstrips local supplies. Stating this on 23 Feb 2021, the All India Stainless Steel Pipes...