Manufacturing

ECU Worldwide reaches out to customers/clients. ECU Worldwide, an Indian origin non-vessel operating common carriers (NVOCCs), is redefining and re-energizing its global transport and logistic business. “At ECU Worldwide, the objective is to redefine and re-energize the global transport and...

DMIC receives Rs.499.86 crore funding. DMIC: work in progress. Commerce and Industry Minister Nirmala Sitharaman has given an update on the industrial corridors being built in the country, with funding status to date. The Delhi Mumbai Industrial Corridor (DMIC) is...

Tax exemption for import of raw materials. Though the 2011 imposition of Minimum Alternative Tax (MAT) had slowed down growth of special economic zones (SEZs), the implementation of Goods and Service Tax (GST) provides good investment opportunities in Indian SEZs,...

UP urged to promote ethanol-fuel. ASSOCHAM calls for biofuel for UP's public transportation sector. Apex industry body ASSOCHAM has urged the Uttar Pradesh chief minister, Yogi Adityanath to allow all state-run buses to move on from oil-based fuel (petrol, diesel)...

Focus on R&D and Technologies. Tata manufactured Shaurya. India must be self-reliant in defence production and it is critical that private industry undertake defence technologies and manufacturing by understanding Indian Army’s requirements, said Lt-Gen. Sarath Chand, Vice Chief of Army...

Govt encourages defence equipment manufacturing. Model of Russia's Sukhoi jet which is used by India. Details of India’s defence agreements signed with Russia over the past five years is as under: •Agreement for training of Indian armed forces personnel in...

It will ensure transparency and fair competition. Prime Minister Narendra Modi post with Indian Defence Aircraft. The Government has finalized the policy on Strategic Partnerships in the Defence Sector to institutionalize a transparent, objective and functional mechanism to encourage broader...

Indian pharma urged to invest in R&D. The U.S. Food and Drug Administration (USFDA) will continue to scrutinize Indian pharmaceutical companies and their products, unless the quality of manufacturing is raised, says an industry report by S&P Global Ratings. “We...

Strategic divestment to improve the mills’ performances. The Government has given ‘in-principle’ approval for strategic disinvestment of three loss-making units of Steel Authority of India Ltd (SAIL). These are Visveswaraya Iron and Steel Plant, Bhadravati, Salem Steel Plant, Tamil Nadu...

16,500-km doubling/tripling of lines sanctioned. Suresh Prabhu addressing the Round Table.   The government is creating about 100 private freight terminals through private investments along railway stations. “We are already creating about 100 private freight terminals with private participation so...