Manufacturing

Govt focused on innovative financing models, says Goyal Commerce and Industry Minister Piyush Goyal has urged the private sector to take advantage of the 12 new industrial parks being set up across the country and 5-6 mega textile parks that...

Minister says 85,000-industry ready workforce being trained at 113 institutions Three major technologies are being developed in India for deployment at Tata Electronics’ Rs.27,000 crore semiconductor plant, which is designed to produce 4.83 crore chips per day. Electronics & Information...

Minister lists steps taken by Govt for setting up of MRO services In a major boost to the domestic MRO industry and to the aviation sector, the Government has announced that a uniform rate of 5% IGST will apply to...

Partnership to foster collaboration between industry leaders, policymakers and innovators, says Vyas Industry leaders, policymakers and innovators will leverage on Siemens Technology and Services’ global expertise and local insights, to catalyze solutions that will drive technological advancements, reduce dependencies, and...

SSIA-IESA to collaborate on building ESDM ecosystem Singapore and Indian electronics industries are set to work closely in strengthening global footprint in the semiconductor sector semiconductors , especially in India which is working on a mission-mode government initiative to develop...

Testing facilities to give impetus to defence and aerospace sectors Ministry of Defence (MoD) is to set up three state-of-the-art testing facilities under the Uttar Pradesh Defence Industrial Corridor (UPDIC). Under a MoU, signed on 30 July, one facility will...

Surjagad plant aims to produce 8 MTPA products, says Joshi In a landmark event, Maharashtra's Deputy Chief Ministers Devendra Fadnavis and Ajit Dada Pawar laid the foundation stone for the Rs.10,000 crore mill of Mumbai-based Surjagad Ispat Pvt Ltd in...

Goyal calls for globally competitive footwear designs The Leather and Footwear industry has been encouraged to scale up their combined annual revenue US$50 billion by 2030 while showcasing world class products at large-scale exhibitions and inviting participation from domestic and...

Budget proposes Critical Mineral Mission for overseas acquisition of resources The government will facilitate development of investment-ready “plug and play” industrial parks with complete infrastructure in or near 100 cities, in partnership with the states and private sector, by better...

MSMEs reported Rs.1.28+ lakh crore of investment until May 2024 The Economic Survey, tabled by the Minister of Finance and Corporate Affairs Nirmala Sitharaman in Parliament on 22 July, has highlighted the importance of the MSME sector in the Indian...