Manufacturing

Aggregate revenues grew by 34.9% in Q2 India Inc has been gradually reverting to normalcy as the lockdown-related restrictions eased, leading to the pace of Y-o-Y revenue contraction reduced to 6.5% from 32.6% in the first quarter, said ICRA Ratings...

Coimbatore startup make Autonomous Solar Panel Cleaning Bots Coimbatore-based Solavio labs, a solar panel related start-up incubated at AIC Raise incubator, has been selected for acceleration in the 2020 winter cohort by a Canadian accelerator, Energia Ventures. Solavio™ is a...

Focus on ASEAN, says Joshi at Horasis meet The Indian Defence sector exports rose to Rs.10,745 crore in 2018-19 covering 42 countries, up from Rs.1,521 crore in 2016-17, according to Dinesh Joshi, Chairman and Managing Director, SatyaGiri Ventures. “This sector...

Develop new processes and products for farmers, says Gowda The agriculture sector has a huge potential to play a key role in taking India to a US$5 trillion economy as it is already contributing 14-16% to the Gross Domestic Product...

Natrol to combine with Jarrow Formulas An affiliate of New Mountain Capital, LLC has completed the acquisition of Los Angeles-headquartered Natrol, a leading vitamin, minerals and supplements brand, focused on sleep, mood & stress and brain health. New Mountain intends...

Fedeli to promote advantage Ontario in Maharashtra, Karnataka and Madhya Pradesh. The Ontario government is launching a virtual mission to India in December to develop partnerships in strategic markets in India to build the foundation for recovery in the short-term...

Major pension funds invested in renewables, says Singh The Indian renewable industry has attracted US$64 billion Foreign investment in Renewable Industry in the last 4 years, including investments by major Pension funds, said R. K. Singh, Minister of Power, New...

Policy to create eco-system for ancillary units The Steel Ministry has a Draft Framework Policy for the development of Steel Clusters to encourage the production of value-added products by MSMEs and raise demand to 255 MTPA with per capita consumption...

Domestic demand 36 GW of indigenous solar cell and modules over 3 years Prime Minister Narendra Modi has invited investors, developers and businesses to join India’s US$20 billion a year of renewable energy projects to be undertaken over the next...

Report calls for supply-side policy interventions India needs a retail policy immediately to revive five to seven lakh retailers who have shut shop due to the COVID-19 pandemic and lockdown across the country, according to a report. “A National Retail...