Manufacturing

Armstrong commits to Indian market BAE Systems has taken a lead in India’s defence industry with 120 of M777 guns to be assembled, integrated and tested in partnership with the country’s leading group Mahindra Defence, Dave Armstrong, the Group Business...

Shift to high quality paints The Indian paint industry is expected to grow at a CAGR of around 12% during 2018-2019 to 2021-2022 in value terms, according to a report from ResearchAndMarkets. The industry has been witnessing a gradual shift...

Update on Defence requirements India’s major defence item exports have been Fast Patrol Vessels, Coastal Surveillance System (CSS), Light Weight Torpedoes, Do-228 Aircraft, Wheeled Infantry Carrier, Light Specialist Vehicle, Mine Protected Vehicle, Passive Night Sights, Battle Field Surveillance Radar Extended...

Lean manufacturing to boost growth The industrial automation and instrumentation market in India is poised to grow by US$2.58 billion during 2020-2024, progressing at a CAGR of over 10% during the forecast period, said a Technavio report on 3 Mar...

M N Dastur helped in steel growth In order to fully capitalize on the opportunities in the energy, environment and metals industries, M N Dastur & Co Pvt Ltd (Dastur), has elected Atanu Mukherjee as President & Chief Executive Officer...

PKVY promotes organic farming The Indian agricultural machinery market is poised to grow by US$3.73 billion during 2020-2024, progressing at a CAGR of more than 8% during the forecast period, said Technavio which has monitored the market since 2014. The...

Reforms boost exports, says Minister Naik Authorisation for defence exports have grown seven folds in the last two years to Rs.10,745.77 crore in financial year 2018-19 from Rs.1,521.91 in 2016-17, Rajya Sabha was told on 2 Mar 2020. It was...

India-Japan Steel Dialogue launched Japanese companies are increasingly collaborating with Indian companies and it is the right time to share their experience with India, said Japan’s Ambassador to India, Satoshi Suzuki. He also welcomed the launch of India Japan Steel...

CII-USIBC: greenfield growth potential India and the United States free trade agreement (FTA) negotiations would be fast-tracked for a much quicker larger trade deal aiming to achieve the US$500 billion trade target set by the two countries’ Governments. This was...

Processed food market: 14.6% CAGR The Government has approved proposals for joint ventures (JV), foreign collaborations, industrial licenses, and 100% export-oriented units, with 32 projects worth Rs.406 crore sanctioned, said Minister of Food Processing Industries Harsimrat Kaur Badal in an...