Manufacturing

Indian platform for Digital Mongolia XacBank, a leading universal bank in Mongolia, has selected Finacle’s core banking, treasury, and corporate banking solution suites to power XacBank’s digital transformation. The Finacle solution suite will enable the bank to drive all-round business...

India should expedite trade talks with large markets, says PHDCCI A Free Trade Agreement (FTA) with the United States will boost bilateral trade to US$300 billion by 2025-26, given that India has enjoyed a 7% year-on-year growth in trade with...

Projects expect Rs.173.81cr investments The Inter-Ministerial Approval Committee has approved seven food processing proposals with a total project cost of Rs.234.68 crores including grants-in-aid of Rs.60.87 crores in the States/UTs of Meghalaya, Gujarat, Madhya Pradesh, Karnataka, Maharashtra. These projects will...

Tomar highlights Rs.10,000cr food processing fund Twenty of the 37 sanctioned Mega Food Parks (MFPs) have already started functioning, Minister for Food Processing Industries, Agriculture and Farmers Welfare Narendra Singh Tomar said on 24 Nov 2020 at the MFP inauguration...

Auto industry to work on reducing pollution The Government aims to create core global competencies in India by facilitating the seamless integration of the automotive industry with the world, said Minister of Road Transport and Highways Nitin Gadkari. Considering the...

Sitharaman assures industries of the right policies and continuing reforms Enthused by the Government’s thrust on reforms and reduced taxation rates, several Sovereign Funds have expressed interest in partnering with the Government on its National Infrastructure Pipeline, Finance Minister Nirmala...

Bahrain: strategic healthcare investment hub, says Amb. Srivastava India and Bahrain are set for a boom in health trade amid a GCC-wide increase in demand for pharmaceuticals and medical devices, building on the 3,000 joint ventures between the two countries....

Correct regulation and clarity needed for telemedicine Commerce & Industry Minister Piyush Goyal has called for a private-public partnership (PPP) to make the COVID-19 vaccine work at an affordable price. “We will have to work in a PPP to make...

Slight uptick in exports; COVID-19 induced lockdown hit markets The future investment outlook is subdued. Only 18% of respondents to a manufacturing sector survey for Q2 (July-Sept 2020) by FICCI reported plans for capacity additions for the next six months...

APEDA organized several Virtual Buyer Seller Meets Twenty-eight projects, with project costs of Rs.320.33 crores and supported with a grant of Rs.107.42 crores, has been approved under the Scheme of Creation/Expansion of Food Processing and Preservation Capacities (CEFPPC) The Inter-Ministerial...