Manufacturing

Middlesex-based TMD Technologies Ltd aims to start manufacturing in India in the coming years, supplying to both the domestic and export markets.

Enventive Engineering is a software specialist in mechanical engineering design that seamlessly combines force, tolerance and variational analysis with conceptual design, performance modeling, and design optimization, and has robust expansion plans in India.

Inzpire Ltd has upgraded the software of its tablet-based mission device which makes it easy for fighter jet and helicopter pilots to manage in-flight operations.

The global health care BPO market is expected to grow at a compound annual growth rate (CAGR) of about 10.7% from US$113.2 billion in 2013 to US$188.9 billion by 2018, according to a report on India outsourcing.

The South Korea-India defence cooperation will get a major boost with Korean defence contractors evincing avid interest in investing in defence industrial corridors coming up in Tamil Nadu and Uttar Pradesh.

India’s Public Sector Undertakings, IRCON International Limited and RITES Limited, have signed agreement with the Sri Lankan Government for development of railway facilities.

India needs to set up water regulatory authority along the lines of power and telecom sectors, given the high consumption expected from industrial sectors, especially electricity generating plants, according to an industry study.

India can gain export market share from the United States-China trade war by expanding the number of products it ships to the two countries.

Micro, small and medium enterprises (MSMEs) should adopt government programmes such as ‘Zero Defect Zero Effect’ to capture an estimated opportunities worth Rs.2 trillion in 2018-19, said Vijay Kumar, Director, MSME Development Institute, a government of India entity.

The Minister of State for Defence, Dr. Subhash Bhamre, has given an update on defence industry initiatives in a written reply to Rajya Sabha on 6 Aug 2018.