Manufacturing

General V. K. Singh, Minister of State for External Affairs, has underlined the need for user-oriented technological solutions for securing the country's borders.

Steel Authority of India Ltd (SAIL) has almost finished its balance Modernization & Expansion Program and improved Earning Before Interest, Taxes, Depreciation and Amortization (EBITA) through persistent strategic approach.

Japan’s Alps Electric Co Ltd is to exhibit for the first time at the electronica India, a leading platform focusing on electronic components, systems and applications.

GE Transportation (NYSE:GE) said the Indian Railways has confirmed its acceptance of GE’s 4,500-horsepower diesel-electric Evolution Series prototype locomotive.

The Cabinet Committee on Economic Affairs has approved 205.5-km line between Budni to Indore (Mangaliyagaon), estimated to cost Rs.3,261.82 crore.

The Defence Acquisition Council (DAC) has approved Rs.9,100 crore worth of equipment procurement for the Defence Forces.

Railway and Coal Minister Piyush Goyal has wished the Tourism Ministry will achieve its US$100 billion foreign tourist arrival receipts a year within the next five years.

The Indian government has taken a much-awaited decision to merge scam- and non-performing asset-hit pubic sector banks, which would be a trend, financial and banking sector observers hope.

The Indian steel sector faces multiple challenges such as transportation and logistics, weakening rupee and auctioning of mines after the current licenses expires in 2020.

India has set an ambitious defence export target of US$5 billion by 2025 to become one of the world's top five defence producers.