Manufacturing

improvement in export demand is needed for India’s growth aspiration FICCI’s latest quarterly survey on Manufacturing reveals that momentum of growth has accelerated in second Quarter of 2023-24 which is likely to continue for the subsequent quarters of FY 2023-24...

Progress of the India-US Defence Industrial Ecosystem reviewed Defence Minister Rajnath Singh has held comprehensive discussions with US Secretary of Defence Lloyd Austin on getting the defence industries from both sides together to cooperatively co-develop and co-produce defence systems. The...

Industry growth-performance have been remarkable in recent years, says Goyal Steel is vital in India’s massive investment-driven infrastructure developments to meet the aspirations of its growing population and an industrialising economy, says Commerce and Industry Minister Piyush Goyal. Addressing the...

First 100% FDI in defence sector The Indian Government has approved Sweden-based Saab’s Rs.500 crore manufacturing facility for the shoulder launched weapon system Carl-Gustaf® in the country, further strengthening production likely from Haryana. Production in the new facility is planned...

Verma says Govt aims to provide secure and reliable industrial ecosystem in the world Minister of State for Chemicals and Fertilizers Bhagwanth Khuba has called for focus on chemical sustainability, pointing out that the industry is poised to grow to...

Generative AI propelling a future of smart, connected vehicles, says Kasture L&T Technology Services (BSE: 540115, NSE: LTTS) is leveraging Amazon Web Services (AWS) to help global automotive manufacturers accelerate the transition towards Software Defined Vehicles (SDVs) using generative artificial...

Demand will be further sustained by urbanization trend, says Karmarkar Driven by economic growth and infrastructure development, copper demand in India has surged to 1,522 KT in 2023 from 1,311 KT in 2022, says the Copper Demand Study in India...

Birla notes India’s digital evolution has gained global recognition Three heavyweight industry leaders have highlighted the technology progress made in the country, in line with the Government’s drive to position India as a developer, manufacturer, and exporter of key cutting-edge...

Vilayat plant to meet CPVC demand in India, Nepal, Bangladesh and Indonesia Lubrizol, a global leader in specialty chemicals, and Grasim Industries Limited, a flagship company of the Aditya Birla Group, are building the first phase of a 100,000 metric-ton...

MeitY working to create conducive environment for electronics manufacturing The Cabinet has approved a Memorandum of Cooperation (MoC) that intends to strengthen cooperation between India and Japan towards enhancement of semiconductor supply chain, recognizing the importance of semiconductor for the...