Manufacturing

The Government has decided to hold the Aero India 2019 in Bengaluru from 20-24 February 2019 which will combine a major trade exhibition for the aerospace and defence industries with public air shows.

Despite changing global trends, consumption of petrol and diesel in India is growing in excess of 5% per annum which would lead to increasing refining capacity, Petroleum and Natural Gas Dharmendra Pradhan has said.

Board members of United States India Business Council (USIBC) leaders have expressed their desire to prepare a roadmap to achieve the target of US$500 billion in bilateral trade.

Hindustan Urvarak&Rasayan Limited (HURL), a Joint Venture company of NTPC, IOCL, CIL and FCIL/ HFCL incorporated to implement the fertilizer revival projects at Gorakhpur, Sindri, and Barauni, has executed land lease agreements and concession agreements with Fertilizer Corporation of India...

Escorts Limited has launched its unique Automated Farming Solutions with the launch of Automated Concept Tractor that brings the power of next generation digital vehicle technologies aimed at precision-based farming.

An Rs.9,200 crore order for supply of seven Long-Range Surface-to-Air Missile (LRSAM) systems has pushed the order book of Navratna Defence Public Sector (DPSU) Bharat Electronics Ltd (BEL) beyond Rs.50,000 crore for the first time in history of the company.

The acquisition of Larsen & Toubro Electrical and Industry Automation division by Schneider Electric will spur growth in domestic manufacturing in line with the Make in India initiative, said Commerce and Industry Minister Suresh Prabhu.

The Communications Compatibility and Security Agreement (COMCASA) will enable India to access advanced technologies from the US and enhance India's defence preparedness.

Tata Advanced Systems (TASL) and Lockheed Martin Corp have agreed to commence production of F-16 wings in India for export, strengthening the ‘Make in India’ initiative.

India plans to construct 100 new airports with an investment of close to US$60 billion in next 10-15 years on a Public Private Partnership basis, said Civial Aviation Minister Suresh Prabhu.