Manufacturing

JV to build automotive steel plant   The Board of Directors of SAIL has approved the group’s joint venture for cold rolling mill with Arcelor Mittal, said the Minister of State for Steel Vishnu Deo Sai has told Rajya Sabha...

Green projects worth Rs.6,766 crore have been awarded The government is raising funds from bilateral and international donors as well as Green Climate Fund for its 175 GW target of installed Renewable Energy capacity by 2022. This includes 60 GW...

Aerospace & Defence Exports increases The Minister of State for Commerce and Industry C. R. Chaudhary has given update on the Make in India initiative which was launched on 25 Sept 2014. He updated the Rajya Sabha on 27 Dec...

Kapurthala Rail Coach Factory wins order Against international competitive bidding (ICB), Bharat Heavy Electricals Limited (BHEL) has secured a landmark contract for 146 sets of IGBT-based 3 phase electrics for 25 KV AC Mainline EMU (MEMU) trains. Valued at Rs.672...

Sector seen growing at 16% in 2018 The Indian pharmaceutical exports are likely to touch US$20 billion by 2020 from the current level of around US$16.5 billion, registering a compounded annual growth rate (CAGR) of about 30 per cent, according...

Be Champion Defence Industry, says Dr Kumar Indian industry has been urged to identify international model defence projects and the necessary policy amendments for replication in India. Making the call, Defence Production Secretary, Dr Ajay Kumar, emphasized on the need...

Investment expected to stay positive After “disruptions" like lingering demonetisation effect and GST roll-out, the Indian economy may reach a seven per cent growth in 2018 with government policies tilting towards the stress-ridden rural landscape in the penultimate year before...

Digital scheme and portal launched   The Ministry of Micro, Small & Medium Enterprises (MSME) envisions a vibrant MSME Sector by promoting growth and development of industries such as Khadi, Village and Coir Industries. It aims to carry this out...

Ten lakhs to be skilled under SCBTS The Cabinet Committee on Economic Affairs has approved a new skill development scheme covering the entire value chain of the textile sector excluding Spinning & Weaving in organized Sector. Titled "Scheme for Capacity...

Clarity on FAME sought India needs to import better technologies like electric vehicles in the automobile and auto component sector to ensure better quality of life for its citizens, said a senior government official. Automobile and auto component sector contributes...