Manufacturing

TSK in WEF's Global Lighthouse Network list Tata Steel’s management believes that digital transformation initiatives will be a major contributor towards inorganic growth, according to a report by Gateway House. In July 2019, Tata Steel Kalinganagar (TSK) became the first...

Rasquinha: Disruptive technologies have created a new realm of opportunities The possible realignment of supply chains away from China offers a significant opportunity for India to modernise its manufacturing with digitisation, according to a research study conducted by Gateway House...

On the anvil: BRICS Framework on Cooperation in Professional Services The BRICS Contact Group on Economic and Trade Issues (CGETI) has proposed deliverables, one of which is 'BRICS Cooperation on Multilateral Trading system including cooperation for the TRIPS Waiver proposal...

Planned: Industrial clusters at Paradeep, Ganjam and Bhadrak Odisha has incorporated a corpus fund of Rs.100 crore a year for aggregating land for industries and plans to set up industrial clusters at Paradeep, Ganjam and Bhadrak with offers of excellent...

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...