Manufacturing

33 companies commit investment of Rs.5,082.65 crore Ministry of Chemicals and Fertilizers has approved Production Linked Incentive (PLI) Scheme for Promotion of Domestic Manufacturing of critical Key Starting Materials (KSMs) as well as Drug Intermediates and Active Pharmaceutical Ingredients (APIs)...

India exports defence products to 80+ countries A Scheme to provide financial support to Defence Attaches in overseas missions for promoting exports of India-made defence products both of public and private sectors has been notified, Parliament was told on 10...

Govt subsidies for EVs promotes auto sales The Indian Car Loan Market is forecast to grow at a CAGR of over 8% in value terms and to reach US$60 billion by FY2026, according to a ResearchAndMarkets report on "India Car...

Easy-to-use solutions to help run small business efficiently JioBusiness has introduced an integrated offering for micro, small and medium enterprises (MSMEs) empowering them with digital technologies for efficient business operations. Announcing the service on 9 Mar 2021, Jio Director Akash...

Refinery to supply PP granules to plastics manufacturers Indian Oil Corporation Limited (IOCL) and Odisha Industrial Infrastructure Development Corporation (IDCO) have signed an agreement and a Memorandum of Understanding (MOU) to develop Paradip Plastic Park, aiming for Rs.500 crore investments...

Technology, Financial Services and Automotive might suffer a higher risk The potential risk in brand value of a data breach to the world's 100 most valuable brands could amount to as much as US$223 billion, according to a joint cybersecurity...

Tomar focused on scalability of strong engineering team San Diego's pSemi® Corporation has opened an office in Chennai with focus on further expanding engagement with customers across other cities and supporting India's growth as the world's largest mobile phone manufacturing...

Companies call for greater transparency and clarity of regulatory procedures, processes and policies Indian companies, responding to a Jan-Feb 2021 survey by FICCI, has pointed out that leaving trade policy issues unaddressed will create an even bigger challenge from China...

Commerce secretaries discussed issues on trade India and Bangladesh have decided expedite the feasibility study on the Comprehensive Economic Partnership Agreement (CEPA) following the Commerce Secretary level meeting held in Dhaka on 8 Mar 2021. Extensive discussions were held on...

Sweden PM renews pitch on Gripen Prime Minister Narendra Modi has listed Smart cities, water treatment, waste management, circular economy, smart grids, e-mobility, digital transformation and several other tech-driven sectors that have potential to deepen the India-Sweden partnership. Modi told...