Manufacturing

MHI introducing e-vouchers for EV buyers to avail demand incentives The Cabinet has approved a Rs.10,900 crore proposal of Ministry of Heavy Industries (MHI) for implementation of scheme titled ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme'...

India is increasing manufacturing in every sector, says PM Modi Prime Minister Narendra Modi has announced a special research fund of Rs.1 trillion while 85,000 technicians, engineers and R&D experts are being trained for the semiconductor industry . Inaugurating the...

India-Singapore partnership to promote sustainable growth In a significant step towards accelerating its readiness for its semiconductor assembly and test facilities in Vemagal, Karnataka and Jagiroad, Assam, Tata Electronics signs a Memorandum of Understanding (MOU) with ASMPT Singapore to collaborate...

Subbiah lauds never-before-seen level of industry-government collaboration Top Semiconductor CEOs have expressed their appreciation after holding discussions on industry prospects with Prime Minister Narendra Modi at the Semiconductor Executives’ Roundtable on 10 Sept in Delhi semiconductors . The Prime Minister...

Domestic industry should be given levelling playing field, says Goyal Commerce and Industry Minister Piyush Goyal set a target of 500 million tonnes of steel production by 2034 for the local mills, urging industry leaders to focus their energy on...

India-Singapore expands bilateral cooperation In his bid to build a semiconductor industry in the country, Prime Minister Narendra Modi, accompanied by Prime Minister Lawrence Wong, on 5 Sept visited AEM, a leading Singaporean company in semiconductor and electronics sector investindia...

FRCVs to modernize Indian Army tank fleet The Defence Acquisition Council (DAC) has accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to Rs.144,716 crore deutsche-boerse . Of the total cost of AoNs, 99% is from indigenous sources...

HAL to manufacture engines with 54% indigenous content The Cabinet Committee on Security has approved a Rs.26,000 crore proposal for procurement of 240 aero-engines (AL-31FP) for Su-30 MKI aircraft of the Indian Air Force (IAF) under Buy (Indian) category from...

Four semiconductor plants in progress to produce 7cr chips per day With the objective to develop a vibrant semiconductor ecosystem, the Cabinet sansad.in/ has approved the Rs.3,300 crore proposal of Kaynes Semicon Pvt Ltd to setup a semiconductor unit in...

Applied Materials to have 500+ technical jobs at Chennai CoE Chief Minister M K Stalin wants to make Tamil Nadu the most advanced knowledge and innovation hub in South Asia and a trillion-dollar state economy. Speaking in San Francisco after...