Manufacturing

Indian defence industry sees good opportunities for exports to the South East Asian and Gulf countries where economic slowdowns have added to budgetary constraints in acquiring viable, cost-effective and reliable solutions.

Vice President, M. Venkaiah Naidu has informed the Vietnamese Prime Minister that India was ready to partner with Vietnam in satellite construction, both for civilian and non-civilian uses.

The Federation of Indian Chambers of Commerce and Industry's (FICCI)  latest 'Quarterly Survey on Manufacturing' highlights a continued positive sentiment for manufacturing sector in Q4 of 2018-19.

Tata Steel Ltd. (BB-/Positive/--) and Thyssenkrupp AG's decision to cease efforts on their proposed Europe joint venture is marginally credit negative for the Indian group, said S&P Global Ratings.

Chennai-headqduartered TVS Motor Company has invested US$3.85 Million in Bengaluru-based TagBox, a supply chain IIoT and Machine Learning platform company as part of its Series A funding round.

Chinese mills are set to continue importing Indian pellets of 64fe ore with traders expecting to export 10-11 million tonnes this year (2019), up from 9.5 million tonnes in 2018.

The number of smartphone users in the country is expected to double to 859 million by 2022 from 468 million users in 2017, growing at a compound annual growth rate (CAGR) of 12.9%, according to an ASSOCHAM-PwC joint study released...

The Indian bio agriculture market is projected to reach Rs.63,924 million by 2024, growing at a CAGR of 4.2% during 2019-2024. It was worth Rs.49,881 million in 2018, says a report by ResearchAndMarkets.

Ducon Infratechnologies Limited has received a FGD order from Chloride Metals for their Greenfield lead metal recycling and pyro refining project in Haldia.

Asia Pacific, and in particular India, is one of the most important and fastest-growing markets for the Madrid-based AlgaEnergy which has recently opened an office in the country.