Manufacturing

Scheme won Rs.2.16 lcr investments in 14 sectors since 2020 With 836 applications approved across 14 strategic sectors, the Rs.1.91 lakh crore Production Linked Incentive (PLI) Scheme reflects strong industry confidence and robust adoption. Since its launch in 2020, the...

H-125 program investment to exceed Rs.1,000 crore Defence Minister Rajnath Singh described the final assembly line of H-125 helicopters as a milestone in the strategic partnership between India and France. “Our collaboration with France is limitless, where even sky is...

PLI supports battery storage scheme Four companies are making cumulative investments of Rs.3,237 crore in domestic battery manufacturing for use in any application, including EVs, the Ministry of Heavy Industries said on 13 Feb. This investment commitment was reported as...

Contract to supply Stellantis with control cables Remsons Industries Ltd has announced a Strategic Technical Licensing Agreement with AUSUS Automotive Systems do Brasil LTDA for Technology Transfer to serve Brazilian OEMs. Announcing the agreement on 13 Feb, the Mumbai-headquartered Remsons...

Dornier programme to support MSMEs-ancillary industries Ministry of Defence has signed a contract with Hindustan Aeronautics Limited's (HAL) Transport Aircraft Division, Kanpur, for the acquisition of eight Dornier 228 Aircraft along with Operational Role Equipment for the Indian Coast Guard...

Chauhan says PLI framework is a catalyst for elevating manufacturing capabilities Mumbai’s Viraj Profiles Pvt Ltd has committed an investment of Rs.280 crore through a Memorandum of Understanding (MoU) signed with the Ministry of Steel under the Government's Production Linked...

Bio-E3 Cell proposed in the state Eastern Coastal Region figures as a prominent part of the current Budget’s Nuclear and Marine roadmap, with the State of Odisha getting one of the four Rare Earth Corridors announced across the country, said...

Exports boosted by trade pacts and incentives The Government is implementing various schemes/initiatives to boost the Indian textile and apparel sector and enhance its competitiveness from the country, the Minister of State for Textiles Pabitra Margherita told Lok Sabha on...

Gripen E fits into IAF fleet, says Franzen Sweden’s SAAB is working on having its fighter jet Gripen E in the Indian Air Force fleet and has proposed to the Indian Government the creation of the world’s most advanced aerospace...

Airbus growing strongly in India, say Van Wersch Prime Minister Narendra Modi is expected to officiate at the Tata-Airbus delivery to the Ministry of Defence of a military transport aircraft from the Vadodara assembly line in the second half of...