Manufacturing

The Ministry of Shipping has approved the development of a Rs.156 crore freight village in Varanasi adjoining the Inland Waterways Terminal on River Ganga.

The government will invest Rs.7,000 crore on gas pipelines across the country and links to Myanmar through Bangladesh, Petroleum and Natural Gas Minister Dharmendra Pradhan said.

The sharp decline in prices of small, low-value diamonds will exert further pressure on India’s manufacturing sector, according to the latest issue of the Rapaport Research Report.

The government has approved an expansion and upgrade plan for the Navy with 56 new ships and submarines, replacing some of the existing vessels.

Anglo-Dutch group, Unilever, has signed an agreement to acquire the Health Food Drinks portfolio (GSK HFD) of GlaxoSmithKline (GSK) in India, Bangladesh and 20 other predominantly Asian markets.

Identify products for exports, says economists     The Federation of Indian Chambers of Commerce and Industry (FICCI) survey has suggested a relook at the functioning of Special Economic Zones (SEZ) which would provide a boost to exports. The survey...

Chinese smartphone company, OnePlus, which has gained significant foothold in the Indian market over the last four-years, is banking on the growing strength of the Indian IT sector for its Research & Development.

The Defence Acquisition Council (DAC) has approved acquisition of defence equipment for about Rs.3,000 crore.

India has launched a Digital Sky Platform and is set to become the world’s leading place for Remotely Piloted Aerial Systems (RPAS), popularly referred to as drones.

India has offered to cooperate with Kenya in shipbuilding industry, especially building of coast guard vessels through the expertise of Cochin Shipyard Ltd.