Manufacturing

License not required for parts-components manufacturing Offset guidelines have been made flexible by allowing change of Indian Offset Partners (IOPs) and offset components, even in signed contracts by Foreign Original Equipment Manufacturers (OEMs). The OEMs are now allowed to provide...

Barauni plant to resume operation The Paradip-Haldia gas pipeline will now be further extended to Patna, Muzaffarpur and connected to the pipeline coming from Kandla which, to date, has reached Gorakhpur, Prime Minister Narendra Modi announced on 13 Sept 2020....

Indian pharma company wins US investment The Competition Commission of India (CCI) has approved the proposed combination involving the acquisition of 20% of the issued and paid-up equity share capital of Piramal Pharma Limited (Pharma Co.) by CA Clover Intermediate...

Def Min launches show website The 13 edition of Aero India-21 will be held at Air Force Station, Yelahanka, Bengaluru, from 3-7 February 2021, announced Defence Minister Rajnath Singh and launched the website https://aeroindia.gov.in on 11 Sept 2020. Aero India...

Programme recognizes expertise Dalmia Cement has launched Dalmia Masters, a national engagement platform for construction professionals across India, offering opportunities for skill upgradation and share best in class construction practices. It will also offer a wide range of rewards based...

Pradhan wants innovation in fuel marketing The capital requirement for setting up of fuel retail outlets has been reduced from Rs.2,000 crore to Rs.250 crore, even allowing start-ups to take part in such businesses, Petroleum and Natural Gas Minister Dharmendra...

Rafale reflects India-France strategic relations Defence Minister Rajnath Singh has pitched for French investments in the Indian defence manufacturing sector, following the induction of Rafale jets on 10 Sept 2020. Many policy reforms have been initiated such as manufacturing of...

Harish calls for cooperative PPP General Bipin Rawat, Chief of Defence Staff, said time is now right for the industry to seize the opportunities and achieve strategic interdependence in defence manufacturing and make India a net exporter of defence equipment....

Use rice to produce ethanol, says Minister MSME Minister Nitin Gadkari aims to enhance MSME contribution to GDP to 50% from about 30% and increase exports to 60% from 49% and called for encouraging the use of new technology. Speaking...

Marelli scales software engineering capabilities Wipro Limited has entered into a multi-year global agreement for automotive engineering services with Marelli, one of the world’s leading global independent suppliers to the automotive sector with operational headquarters in Saitama, Japan, and Corbetta,...