Manufacturing

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...

DBS facilitates fund-raising from Singapore. Niraj Mittal. Interview: Niraj Mittal, head of DBS International Banking Group in India. Mittal says DBS understands the nuances of Indian market and facilitates fund-raising from Singapore. It is also in conversation with Indian groups...

Minister Goyal suggest PPP model. Minister Goyal. India needs Private sector participation is needed to step up mineral exploration, says Piyush Goyal, Minister of State (Independent Charge) of Power, Coal, New & Renewable Energy and Mines. The sector is currently...

It will make MSMEs more competitive with large enterprises. The Goods and Services Tax (GST) would boost the competitiveness of micro, small and medium enterprises (MSMEs), enabling them to compete with foreign competition from cheap cost centers such as China,...

Construction starts on food processing park. Badal at the foundation stone laying of maize processing park. Food Processing Industry Minister Harsimrat Kaur Badal has laid the foundation stone for First Maize-based Mega Food Park in Kapurthala, Punjab on 7 July,...

India-Israel signed 12 MoUs worth US$4.3bn. The Prime Minister, Narendra Modi and the Prime Minister of Israel, Benjamin Netanyahu at the 1st Israel-India CEOs Forum at Tel Aviv on 6 July 2017. The business communities of India and Israel will...