Manufacturing

Panasonic wants PLI for compressors-motors Manufacturers of high-end value-added products are calling for Production Linked Incentive (PLI) Schemes as a promotion for the success of some of the Government-led initiatives “Make in India” and “Make for the World”. The latest...

India strengthens Small Arms Manufacturing Ecosystem The Ministry of Science and Technology, through the Technology Development Board (TDB), has taken a pivotal step toward indigenizing India’s small arms manufacturing capability by extending financial assistance to Hyderabad’s dvipa Defence India Pvt...

Singh shared defence industry views at Rome roundtable The Defence Secretary Rajesh Kumar Singh has stressed on closer India-Italy defence collaboration especially in technology and armament production, which is a priority area for India, the Ministry of Defence said on...

India fourth-largest global producer of automobiles NITI Aayog's vision for India’s automotive sector by 2030 is ambitious yet achievable, according to a recent report which envisions the country’s automotive component production growing to US$145 billion, with exports tripling from US$20...

Naidu says Airbus contract testament for Indian industry Airbus has signed a contract for H130 helicopter fuselage manufacturing with Mahindra Aerostructures Pvt Ltd, marking a pivotal moment in India’s aviation journey, further strengthening the global confidence in the country’s industrial...

Singhal Business and PRA Nuravi secure mining blocks In a notable advancement towards strengthening India’s energy independence and economic growth, the Ministry of Coal has signed Coal Mine Development and Production Agreements (CMDPAs) with the successful bidders of two coal...

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...