Manufacturing

Defence export target set at US$25bn The Ministry of Defence (MoD) has formulated a draft Defence Production and Export Promotion Policy 2020 (DPEPP 2020) which aims to build an industry Rs.175,000 crores (US$25 billion) including exports of Rs.35,000 crore (US$5...

Integrate aluminium industry with solar energy, A committee consisting of Additional Secretary in the Coal Ministry was trying to work out how to enhance the usage of domestic coal and reduce imports. This was disclosed by Rasika Chaube, Steel Ministry’s...

India well position for factories relocating from China Key developers and industry leaders have suggested that e-commerce, electronics and automotive sectors are expressing keen interest in setting up facilities in #NCR, #Mumbai, #Pune, #Bangalore and #Chennai, making it ideal for...

Newer technologies needed for ‘Digital Bharat 2020’ The government wants more indigenously developed software products for the soon to be launched National digital platforms in sectors like agriculture, education, healthcare and logistics using latest technologies “We are moving forward to...

Pouyanné leads Total in building Indian business Paris-headquartered Total (Paris:FP) (LSE:TTA) (NYSE:TOT) Indian Oil Corporation have formed a 50:50 Joint Venture (JV) company that will manufacture and market high-quality bitumen derivatives and specialty products for the growing road-building industry in...

Ministerial dialogue on bilateral cooperation India and Indonesia are exploring cooperation in the field of defence industries and defence technology during a dialogue held on 27 July 2020 by the two countries defence ministers. “Both the Ministers committed themselves to...

Jain assures of approvals for mining The Government is working to bring new investments in the coal sector by making it sector more attractive and creating opportunities for private sector participation. Sharing this, Coal Secretary Anil Kumar Jain said, "The...

Mumbai-Arizona strategy for the US market Mumbai’s Piramal Critical Care (PCC) has formed a strategic partnership with US-based pharmaceutical outsourcing facility, #Medivant Healthcare of Arizona, to help address the severe shortage of injectable drugs in hospitals across the United States....

Badal says 18 MFPs under implementation Zoram Mega Food Park (MFP) will leverage an additional investment of about Rs.250 crore from about 30 food processing units and would eventually lead to a turnover of about Rs.450-Rs.500 crores annually. This business...

Cell-Module demand at 15-GW next year ReNew Power, India’s largest privately-owned renewable energy company, will invest Rs.1,500-Rs.2,000 crore on a facility for manufacturing solar cells and modules in India and reduce dependence on imports from China. The company, with initial...