Manufacturing

Capital expenditure by central and state government agencies on homeland security presents potential of US$2.73 billion for the year 2018-2019, noted a just-concluded ASSOCHAM-KPMG joint study released on 3 Nov 2018 in New Delhi.

One of India’s biggest challenges is to protect brands amidst illegal trades while there is an urgent need to increase capacity building and training of judiciary in order to expedite cases related to economic offences.

Maharashtra will set up nine more textile parks in the state and become skill exporter over the next five years, especially benefiting from incentives given under the government’s new textile policy.

Dwindling liquidity should not affect festival demand across key sectors, said leaders of Indian industry representing diverse industrial segments.

The Prime Minister Narendra Modi has unveiled 12 key initiatives, including a loan portal to enable in 59 minutes easy access to credit for Micro, Small and Medium Enterprises (MSMEs).

TeamBest Companies and Best Cure Foundation (BCF) plan to have at least 1,000 General and Super-Specialty Medical Centers, including Comprehensive Cancer Center, in India by the end of next decade.

Irvine, California-based CTC Global and Gupta Power have established a new partnership to produce, distribute, market and sell ACCC electrical conductors in India using CTC Global’s internationally patented ACCC conductor core.

Indian Peroxide Limited (IPL) has launched a state-of-the-art manufacturing facility for producing industrial grade, premium quality and environmental-friendly hydrogen peroxide (H2O2).

L&T Technology Services Limited said its Digital Engineering Centre in Gothenburg as a near shore development facility for customers in the region, providing proximity and support to their agile transformation initiatives.

India will need around US$4.5 trillion till 2040 for infrastructure development and restructure its Public Private Partnership (PPP) framework, NITI Aayog CEO Amitabh Kant said.