Manufacturing

Increase in wagon production to improve freight movements Indian Railways has achieved a historic milestone in wagon production, reaching an all-time high of 41,929 wagons in FY 2024-25, compared to 37,650 units produced in FY 2023-24, showcasing a significant boost...

Railways earned Rs.2,56,093cr 2023-24 India has emerged as a global leader in railway locomotive manufacturing, achieving a record production of 1,681 locomotives in the financial year 2024-25, surpassing the total locomotive production of regions such as the United States, Europe,...

Scheme envisages investment of Rs.59,350cr The Cabinet has approved the Electronics Component Manufacturing Scheme with a funding of Rs.22,919 crore to develop a robust component ecosystem by attracting large investments (global/domestic) in electronics component manufacturing ecosystem, increasing Domestic Value Addition...

Metrea gets Wet Leasing of Flight Refuelling Aircraft The Ministry of Defence has signed Rs.62,700 crore contracts with Hindustan Aeronautics Limited (HAL) for supply of 156 Light Combat Helicopters (LCH), Prachand, along with training and other associated equipment worth. The...

Procurements enhance indigenisation-manufacturing capabilities Ministry of Defence has signed a Rs.2,500 crore contracts with Armoured Vehicle Nigam Limited for the procurement of Nag Missile System (NAMIS) Tracked version of anti-tank weapon platform and Force Motors Ltd & Mahindra & Mahindra...

Six OEMs gets DVA certificate Companies, led by Tata Motors and Mahindra & Mahindra, have committed over Rs.25,000 crore under the PLI Scheme for Automobile & Auto Components or PLI-Auto which was approved by the Cabinet on 15 Sept 2021...

Tamil Nadu steadfast to be global semiconductor hub Yield Engineering Systems, Inc. (YES), a global leader in materials and interface engineering equipment solutions, has shipped a first commercial VeroTherm Formic Acid Reflow tool to a leading global semiconductor manufacturer from...

Biotech startup ecosystem has grown to 10,075 India's bio-economy has witnessed a remarkable 16-fold rise in 10 years, from US$10 billion in 2014 to an impressive US$165.7 billion in 2024, which is a testament to the government's commitment to fostering...

Varunastra Torpedo is indigenously-developed, says Ministry The Defence Acquisition Council (DAC), on 20 March 2025, has accorded Acceptance of Necessity (AoNs) to eight capital acquisition proposals amounting to over Rs.54,000 crore https://mod.gov.in/en. For the Indian Army, AoN for procurement of...

Lauritz Knudsen smart energy to optimize cost by 30% Lauritz Knudsen Electrical and Automation (formerly L&T Switchgear), a leader in the Indian electrical and automation industry, has unveiled its next-generation smart energy and automation solutions to drive energy efficiency and...