Manufacturing

Call for Govt support-handholding during the crisis Business sentiment has bounced back as the economy and business activity has resumed but a call has been made for the Government handholding. “It is heartening to note the recovery in CII’s Business...

Corporatisation of OFB will improve autonomy The Cabinet Committee on Security has approved to convert Ordnance Factory Board (OFB), a subordinate office of Ministry of Defence, into one or more than one 100% Government owned corporate entities, registered under the...

Alstom and Bombardier among India’s leading suppliers The Competition Commission of India (CCI) has approved the acquisition of sole control over Bombardier Transportation’s (Bombardier Transport) by Alstom, which has extensive manufacturing based in India. The acquisition of approximately 18% and...

DRDO creates eight tech centres NITI Aayog has set up 68 Atal Innovation Mission (AIM) incubation centres across the country, some of which are focus on areas closely associated with deep-tech, aerospace among others, Shripad Naik, Minister of State for...

MEA Jaishankar says Japan is a trusted partner There has never been a better time to seize the business opportunities that exist between India and Japan, according to Toshihide Ando, Charge De Affairs, Embassy of Japan. “It is important to...

Goyal says MNCs keen on relocating to India  To accelerate the growth of investment projects in India, Project Development Cells (PDCs) are being set up in Ministries and Departments to fast track investments with coordination between Central and State Governments....

Industry wants to unlock business potential The Indian Gem and Jewelery is accepting the concept of the virtual exhibition, following the two-day online show which also drew international participants including the US, UK, China, Hong Kong, Turkey, Middle East, Germany,...

Improving technologies for thermal plants India may soon manufacture its own super alloy steam turbine rotors for efficient coal-based thermal power plants from a facility being set up by Bharat Heavy Electricals Limited (BHEL) to assess the Low Cycle Fatigue...

Mitsubishi to strengthen business in India Mitsubishi Electric Corporation (TOKYO: 6503) has been awarded a contract from Indian train builder BEML Limited to supply propulsion equipment for 80 new cars of Delhi Metro. With the order, Mitsubishi Electric has now...

Select sectors identified for enhanced production The recent performance of the manufacturing sector in India is indicative of underlying inertia, with the share of manufacturing in the gross value-added declining to 15.1% in 2019-20, as compared to 18.4% in 2010-11,...