Manufacturing

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...

ReNew Power to set up a 2,000-MW solar plant Vestas is looking to transforming India into a manufacturing hub with end-to-end capacities, introducing suppliers to the Indian market so that the entire supply chain can be shifted to the country...

Aerospace-Defence Industry seen at $70bn 2030 The Indian civil aviation Maintenance, Repair, Overhaul (MRO) market is anticipated to grow to US$4.33 billion by 2025, increasing at a CAGR of about 14-15%. This outlook was given by Minister of State for...

Opportunities in food sector highlighted Italian Food and Equipment related companies should venture into the Indian markets to expand their global outreach, said Minister for Food Processing Industries Harsimrat Kaur Badal Badal has emphasized the potential of the Indian market...

Extraordinary momentum in the India-US bilateral ties A new set of reforms and policy recommendations, deliberated jointly by business leaders at the India-US CEO Forum on 14 July 2020, have been made to further boost bilateral investment opportunities across key...

Goyal urges industry to make world-class products Commerce and Industry Minister Piyush Goyal has said that his ministry was looking at identifying select electronic items that could be manufactured in India on large-scale like television sets, Closed Circuit TVs, Air...

WarpDrive to Refer Customers to Next-Gen Cloud ERP The Indian market is primed for Enterprise Resource Planning (ERP) adoption, according to Henk Bruinekreeft, Regional Vice President at Rootstock Asia Pacific. “The country has many manufacturers still on legacy systems. Now,...

Italian deal validates the world-class quality Surat-based SMT is set to supply 40,000 of its biodegradable polymer-coated drug eluding stent (DES) ‘Supraflex’ stents by 2022 to the Italian market having secured a public tender. SMT, or Sahajanand Medical Technologies Pvt...

Vendors urged to focus on growth Technavio says the agricultural machinery market in India is poised to grow by US$3.73 billion during 2020-24, progressing at a CAGR of over 8% during the forecast period post-COVID-19. The market is fragmented, and...