Manufacturing

ILT being designed as 25-ton class armoured fighting vehicle The Ministry of Defence has signed on 12 Dec a Rs.13,500 crore contract to procure 12 Su-30MKI aircraft along with associated equipment from Hindustan Aeronautics Limited (HAL). The aircraft would have...

Lok Sabha updated on Agriculture schemes The National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds), approved by Cabinet on 3 Oct 2024 with total outlay of Rs.10,103 crore, aims to boost domestic oilseed production and achieving self-reliance in edible oils...

171 applicants registered under Rs.10,900cr PLI scheme Rs.8,910 crore has been invested made across 213 locations to date under the Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) which was approved by the Cabinet on 31 March 2021 with...

Nil BCD on Ferro-Nickel and Molybdenum ores, says Minister An addition investment of Rs.29,500 crores with capacity creation of around 25 million tonnes (MT) for specialty steel is anticipated under the Production Linked Incentive (PLI) Scheme, Minister for Steel and...

Rajya Sabha updated on coal-lignite gasification The Government has approved Rs.8,500 crore incentive scheme to provide Viability Gap Funding (VGF) to promote Coal and Lignite Gasification Projects for both public and private sector undertakings, Minister of Coal and Mines G....

Plant health that is vital for improving productivity of farmers, says Mukherjee The Asian Development Bank (ADB) is providing a US$98 million loan to improve horticulture crop farmers’ access to certified disease-free planting materials, which will boost their crops’ yield,...

MoU signed to integrate green technologies into steelmaking processes Steel Authority of India Limited (SAIL) and John Cockerill Group of Belgium aim to leverage their combined strengths to drive innovation and green steel technologies. SAIL has signed a Memorandum of...

Collaboration supports organic-inorganic growth, says RSB A recent partnership with multi-billion-dollar financing group Bain Capital, which included investment, will be crucial in fuelling growth plans of RSB Group, one of India’s largest automotive component manufacturers. Bain Capital formed the partnership...

Mahadevan says SiM24 to help deliver cutting-edge solutions to clients in India SOLIZE Corporation said the acquisition of Japanese-origin SiM24 is its commitment to innovation and expands its capabilities in the major manufacturing industries and other emerging industries, enabling improvements...

Agreement to bring precision manufacturing technology into India Lubrizol, a global leader in specialty chemicals, is creating a medical manufacturing facility in Chennai as part of its commitment to Make-In-India and broadens a previously committed US$350 million investment to support...