Manufacturing

India has to boost its high-technology product exports with a new strategy, Sharad Kumar Saraf, President of the Federation of Indian Export Organizations (FIEO), has said in his market outlook for 2020.

The Government has been urged to reduce royalty rates on mining resources and accelerate the renewable of mining leases that are expiring in 2020.

The mining sector has called for a much sharper focus and concerted efforts by the policy makers and industry players to regain 3% share in the GDP by FY25, reveals a report ‘Towards a Globally Competitive Minerals & Mining Industry’.

Defence Minister Rajnath Singh has launched the mobile app of the forthcoming DefExpo 2020 in Delhi on 27 Dec 2019, which provides detailed information about the day-to-day events; participating exhibitors; Defence Public Sector Undertakings (DPSUs), guest speakers of seminars/webinars; publications...

Twelve companies have been allocated 108 acres of land in a 500-acre world class Machine Tool Park at Tumkuru by Ministry of Heavy Industries.

Department for Promotion of Industry and Internal Trade (DPIIT) has permitted self-certification and third-party inspection and certification of boilers with State Governments.

HCL Technologies has opened a Global Delivery Center (GDC) in Moncton, New Brunswick (Canada) and two new technology delivery centers in Vilnius, capital city of Lithuania.

The Cabinet Committee on Economic Affairs has approved the transfer of administrative control of Brahmaputra Cracker and Polymer Limited (BCPL) to Ministry of Petroleum & Natural Gas to get 15-year subsidy of Rs.4,600 crore.

The Cabinet has approved signing of Memorandum of Understanding between India and Brazil on Bioenergy Cooperation and promote investment in biofuel, bioelectricity and biogas supply-chains, including feedstock, industrial conversion, distribution and end use sectors.

India has launched its first long distance CNG-fuelled bus for traveling around 1,000 kms in a single fill in light composite tanks made by India-US partnership.