Manufacturing

A forward-looking measure, says Tuli FICCI welcomes 'the government's initiative as the coal linkage rationalization provision is expected to reduce the landed cost of coal, a forward-looking measure for the much-needed energy in India. As fuel will be sourced from...

Needed: right policies and Govt support India is expected to enhance its competitiveness in the petrochemical segment by using IT, AI, and Big Data to automate its operations and provide improvements in margins to the tune of 3 to 5%,...

Boost defence exports, says Aggarwal Defence Manufacturing needs Technology, Volume, Viability, and Certification Capability within the country, said Raj Kumar, Secretary Defence Production, has told a webinar hosted by PHD Chamber of Commerce and Industry on 2 June 2020. “We...

Focus on exports-global supply chain The Cabinet has approved a ‘Project Development Cell’ (PDC) for the development of projects for investments in coordination between the Central Government and State Governments and thereby grow the pipeline of projects and in turn...

Order worth Rs.1,094cr to boost Make in India The Acquisition Wing of Defence Ministry has placed an Indent on Ordnance Factory Board (OFB) for the supply of 156 BMP 2/2k Infantry Combat Vehicles (ICV) with upgraded features for use of...

Modi wants a robust supply chain The Prime Minister Narendra Modi has urged the industry to take full advantage of opening up investment and partnership with farmers in the rural economy, now that necessary infrastructure is being prepared for clusters...

Manufacturers advised: focus on growth segments India’s plastic crate market is poised to grow by US$270.16 million during 2020-2024, progressing at a CAGR of about 8%, said Technavio in its latest report released on 1 Jun 2020. The market is...

Chandra on DPP 2020 draft Defence Ministry will introduce new chapters on post-contract management and procurement of ICT software and systems, a top official said in an exclusive, closed-door online interaction with ASSOCHAM and defence industry representatives. These chapters will...

Upward revision of MSME definition The cabinet has approved upward revision of MSME definition and modalities/road map for implementing remaining two Packages for MSMEs (a) Rs.20000 crore package for Distressed MSMEs and (b) Rs.50,000 crore equity infusion through Fund of...

Prague medical experts arrive in Gujarat Prague-based Zentiva Group continues its global expansion with the acquisition of a manufacturing site in Ankleshwar, Gujarat, serving people with its medicines. Ankleshwar increases the number of wholly-owned Zentiva production sites worldwide, said Zentiva...