Manufacturing

Dialogue on for further help The Asian Development Bank’s (ADB) US$1.5 billion loan will support the government’s response to the novel coronavirus disease (COVID-19) pandemic, focusing on immediate priorities such as disease containment and prevention. Singed on 28 Apr 2020...

Proposal seeks contract manufacturing HIL (INDIA) limited, a CPSU under the Department, is inviting agro-chemical manufacturers from China, Japan and South Korea business tie-ups such as contract manufacturing or plan-on-lease arrangement. HIL has sent proposals through Indian Embassies and Missions...

Abundant supply of raw material The Indian fruit and vegetable processing industry is to expand at a CAGR of ~14.84% during the FY 2020-FY 2024 period, according to a ResearchAndMarkets on 24 Apr 2020. It is expected to reach 16.39...

Gowda assures Govt support The chemicals and petrochemicals industry has become a top export sector of the country for the first time, shipping Rs.2.68 lakh crore during April 2019-Jan 2020, 14.35% of the total exports. The Apr’19-Jan’20 chemical exports grew...

Good time to re-evaluate supply chain strategy Several Asian countries including India have emerged as attractive manufacturing destinations based on large capacity creation and low-cost labor as well as industry friendly policies as manufacturers look for alternative to China. Besides...

Module-cell manufacturers get six months extension Ministry of New & Renewable Energy (MNRE) has recently issued office memorandum extending the effective dates for implementation of Approved Lists of Models & Manufacturers (ALMM) for Solar PV modules and Solar PV cells...

CII wants Infrastructure Status for Bulk Drug Industry India needs to overcome challenges around land acquisition, ease of doing business, environmental clearances, taxation, and R&D need to be resolved for India to become a global active pharmaceutical ingredient (API), according...

Appreciated: Rs.15,000 crore refinancing The Government should immediately announce a comprehensive economic package for the industry to provide relief in payment of wages, statutory obligations, rental and utilities, said FIEO President welcoming measures to maintain adequate liquidity in the system...

Stop Chinese raw material imports, says industry MSME Minister Nitin Gadkari has assured the Footwear Industry all possible support from the government to tide over the challenges created by the lockdown imposed to curb the spread of COVID-19. Interacting with...

Shukla seeks clarity on Defence & Aerospace status The Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the Ministry of Home Affairs (MHA) to classifying Defence & Aerospace Sector as an essential service and allow manufacturing across...