Manufacturing

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...

Strategic investment to promote high-tech projects-products VL E-Governance & IT Solutions Limited (VL E-Governance - BSE: 543958 - NSE: VLEGOV) has entered into a binding term sheet with Edgewood Ventures LLC, USA, for acquisition of 26% equity stake in HAL-Edgewood...

Mudda aims to make India global leader in precision manufacturing etherealmachines Private Ltd, a Deep-Tech manufacturing start-up from Bengaluru, says US$13 million raised through a Series A funding round is for research and development (R&D), building a multi-axis CNC controller,...

Dr Saxena wants Rusan to be one-stop solution provider The United States Food and Drug Administration fda has granted Good Manufacturing Practice (GMP) approval for Rusan Pharma Private Ltd’s Active Pharmaceutical Ingredient (API) facility in Ankleshwar, Gujarat. Speaking about the...

HAL has its plate full for the next 15 to 20 years as far as helicopters are concerned, says Air Marshal Anil Chopra Airbus will soon make a decision for setting up its final assembly line for H125 helicopters in...

Ministry says chemical industry set for $1trn value by 2040 The Government is giving a top priority in the development of Chemicals and Fertilizers sector, and will come up with policy interventions required to strengthen the industry, Minister J P...