Manufacturing

Services to get Remotely Piloted Aircraft (RPAs) The Defence Acquisition Council has approved on 5 Aug various proposals worth about Rs.67,000 crore for acquisition by the Armed Forces, the Defence Ministry said https://www.commerce.gov.in/. Acceptance of Necessity (AoN) was accorded for...

2024 textile export to Japan was $354m Japanese investors from apparel, machinery, technical textiles and fabric processing sectors were invited to invest in PM MITRA parks and take advantage of India's vibrant textile ecosystem, Minister of State for Textiles Pabitra...

NSE has pioneered digital trading, says Chauhan ABB India Limited says its manufacturing footprint has expanded 3-fold and revenue increased 20x, PAT 37x over three decades, when the Swedish-Swiss MNC unit became among the first companies to be listed on...

VinFast builds ‘EV capital of South Asia’ in Tamil Nadu Vietnamese electric vehicle (EV) manufacturer VinFast’s first assembly plant the Sipcot Industrial Park in Thoothukudi, Tamil Nadu, is set to be the company’s largest export hub for South Asia, the...

India set for transformative shift in clean mobility, says Gauba NITI Aayog has launched a report, ‘Unlocking a US$200 Billion Opportunity: Electric Vehicles in India’, which presents a timely and comprehensive assessment of current challenges faced by India’s Electric Mobility...

Orbia Wavin’s tech advances water management solutions The Supreme Industries Ltd has acquired India-based pipes and fittings business of Orbia Building & Infrastructure (Wavin) for US$30 million, plus net working capital adjustments, said Orbia Advance Corporation S.A.B. de CV (BMV:...

Electric mobility sector in transformative phase The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Ather Energy Limited, an Indian electric vehicle manufacturer, to accelerate the growth of India’s clean mobility...

Missile equipped with 3 modular warhead options In a major boost to India’s defence capabilities, Defence Research & Development Organisation (DRDO) has successfully carried out flight-trials of Unmanned Aerial Vehicle Launched Precision Guided Missile (ULPGM)-V3 at the National Open Area...

Fire Control Radars to detect all forms of air-borne threats Ministry of Defence (MoD) has signed a Rs.2,000 crore contract with Bharat Electronics Limited (BEL) for the procurement of Air Defence Fire Control Radars for the Indian Army under the...

Rs.4,254cr invested in manufacturing drugs Forty-eight projects have been approved under the Production Linked Incentive (PLI) Scheme for promotion of domestic manufacturing of critical Key Starting Materials (KSMs) / Drug Intermediates (DIs) and Active Pharmaceutical Ingredients (APIs) in India. The...