Manufacturing

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.

It cannot be any better for the textile industry – the government is fast tracking free trade agreements and identifying export partners in new markets.

India is one of the 8 countries on the preferred list of Saudi Arabia which is keen on getting more proactive participation from Indian companies for business, trade and regional cooperation.

India has signed a protocol on Hygiene and Inspection requirements for the export of Fish Meal and Fish Oil to China in Delhi on 28 Nov 2018.

Indian exporters are facing challenges such as high cost of logistics impacting competitiveness in global market while, at home, they are dealing with underdeveloped material handling infrastructure, fragmented warehousing and lack of seamless movement of goods across modes, among others.

Overall the Indian PC market will decline due to Intel chip shortages and post Diwali slowdown, according to IDC India.

The World Bank-funded National Dairy Plan Phase-I, National Programme for Dairy Development (NPDD) among other schemes are being operationalised by the state governments through milk cooperative/federations related to the state, said Agriculture & Farmers Welfare Minister Radha Mohan Singh.

With the commissioning of the fourth and final 30 MW hydro generating unit, Bharat Heavy Electricals Limited (BHEL) has commissioned the 120 MW Pulichintala Hydro-Electric Project (HEP) in Telangana.