Manufacturing

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...

LTTS-Aspen to help accelerate customers' Industry 4.0 adoption L&T Technology Services Limited (BSE: 540115, NSE: LTTS) has partnered with Bedford-based Aspen Technology to offer a complete suite of digital engineering solutions across global enterprises which will empower customers to optimize...

China focus on R&D and biologics India is the most lucrative location for low-cost manufacturing of specialty generics and the country is increasingly focusing on developing innovative products, although the country lags in macroeconomic indicators due to low healthcare spending,...

Infra development drives demand for aluminum The Aluminum Downstream Sector holds great potential as some of the major sectors with the Indian Railways' US$113 billion investment commitment over the next five years focusing on enhancing safety of passenger cars, increasing...

UNIDO-CII to promote startups to reach global market The startups in India need to create unique design driven products backed with strong intellectual property rights (IPR) regime to further built on their skills which was demonstrated in overcoming the challenges...

Disinvestment policy without transferring management control The Government is planning to decrease shareholding in Defence Public Sector Undertakings (DPSUs) namely, BEML Ltd., Garden Reach Shipbuilders & Engineers Limited (GRSE) and Mishra Dhatu Nigam Limited (MIDHANI), the Rajya Sabha was told...

India rated most dynamic regions in terms of growth and innovation South Asia, and especially India, is one of the most dynamic regions in terms of potential for growth and innovation, said German-origin REHAU Polymers which has appointed Bhavana Bindra...

Global slump impacts petroleum exports Export-Import Bank of India (India Exim Bank) forecasts India’s total merchandise exports to amount to US$78.6 billion, growing at 4.9%, and non-oil exports to amount to US$73.9 billion, growing at 12%, during the fourth quarter...

Verma calls on India-Japan to work in third world Japanese companies maintain a high appetite for investment in India and the Indo Japanese relationship has been expanded and enhanced post the COVID-19 pandemic, Ambassador Satoshi Suzuki told the '44th India-Japan...