Manufacturing

Angel investors Raaj Kumar funds startup Bangalore's TresMoto, backed by global energy MNC Shell, is set to use an undisclosed amount in seed funding for final stages of product development and homologation of electric scooter. “We have been working on...

SBI Capital assists in coal auction The next tranche of commercial mines auction would be launched in January 2021, following on to the allocation of 19 mines in the first commercial auction, Coal & Mines Minister Pralhad Joshi said on...

IFB to use energy-saving drums for washing machines Swedish-origin SKF India has partnered with IFB Industries Ltd for providing SKF Drum Support Unit specifically for use in front-loading washing machines. The SKF Drum Support Unit is the latest solution from...

Control Risks sees India-China re-evaluate relationship India is expected to resume bilateral trade negotiations with its strategically-aligned partners, such as the UK, the EU and the US, mindful of China’s intentions to create “trade bubbles”, according to Control Risks, the...

Shift in consumers' vehicle-purchasing behaviour The Indian automobile industry is seeing green shoots of recovery amidst the pandemic as consumers are showing preference to owning a vehicle than using public transport and shared mobility, according to OTO Capital which has...

Railways requires innovation and state-of-the-Art technologies Dedicated Freight corridor, whose Rewari-Madar section on Western corridor, was dedicated to the Nation by Prime Minister Narendra Modi on 7 Jan 2021, is going be the game changer in economic development of the...

Planned Rs.22,000 smelter and CPP expansions The National Aluminium Company Limited (NALCO) will invest around Rs.30,000 crores by financial year 2027-28 on expansion and diversification plans, Coal and Mines Minister Parlhad Joshi announced on 7 Jan 2021 at the 41st...

Gratifying to see Indian companies' competency, says Maillard India needs a roadmap to boost manufacturing of the critical components for the global aerospace industry though it is open to partnering with the manufacturers of the world under 'Make in India'...

Tech Mahindra to set up Makers Lab at Pune Pune-based College of Military Engineering (CME) will provide real world technological exposure to the army officers and assist them in getting the nuances of next-generation technologies such as Artificial Intelligence (AI),...

Saraf sees vaccines putting life and economy on v-shaped recovery globally FIEO President Sharad Kumar Saraf said that India’s December exports have moved towards positive territory as major export products show signs of further revival as expected. The marginal decline...