Manufacturing

Bharat Electronics Limited (BEL) has received orders worth Rs.14,338 crore during the first half of the current year, boosting order-book to Rs.48,995 crore as of 1 Oct 2018.

The Defence Acquisition Council (DAC) has approved the Mid Life Upgrade of 17 Dornier Aircraft of Indian Coast Guard (ICG) at an approximate cost of Rs.950 crore.

The Shipping Ministry is awaiting Revenue Department’s response on allowing domesticated containers to carry export-import cargo for exim routes.

The Meghalaya government is keen on establishing a food processing hub in the state, said its Chief Minister Conrad K Sangma.

Vietnam is looking for transfer of technology from India to strengthen its food processing and crop protection base, said Tran Thanh Nam, Deputy Minister, Ministry of Agriculture and Rural Development.

The demand for Indian Construction Equipment (ICE) grew by a hefty 24% in FY 2017-18, up from 13% in FY 2015-16, reflecting a healthy increase in infrastructure expenditure.

The Kraft Heinz Company is to sell Indian brands Complan, Glucon-D, Nycil and Sampriti to Zydus Cadila at a valuation of approximately Rs.46 billion (approximately US$625 million) on a debt free and cash free basis.

The Indian public sector companies have already placed November crude oil supplies with Iran, calling it a historically key supplier.

New York's Bluecore, the retail technology marketing company that more than 400 retailers, has established presence in India.

European buyers have shown interest in Indian products and companies at the SIAL Paris exhibition, the largest international market place for food service professionals.