Manufacturing

Incentives-subsidies for e-2W increased to Rs.15,000/KWh Sixty-four electric vehicle manufactures have registered for availing demand incentives under FAME-India Scheme Phase-II as on October 2022, Minister of State for Heavy Industries Krishan Pal Gurjar said in a written reply to a...

Kaippally committed to support industrial development in India The Chennai-based Bonfiglioli Transmissions Pvt Ltd, the Indian subsidiary of Bologna-headquartered BonfiglioliRiduttori S.p.A., is investing Rs.100 crore on expanding facility and hiring more skilled manpower in Pune. The company has conducted ‘Bhoomi...

Pai to help textile industry improve machine performance and reliability SKF India has been partnering with leading textile manufacturers for various applications with the objective to develop India as a textile sourcing destination. “We are aligned with the objective to...

MSMEs contribute 30% to GDP, says Verma The Government is working to make MSME sector stronger and more developed, as well as having these enterprises listed among the most important pillars of the Indian economy. Giving this assurance, Bhanu Pratap...

Garuda Aerospace to make 1 lakh drones over 2 years India will become a hub of drone technology and will require at least 1 lakh drone pilots by next year, Information and Broadcasting Minister Anurag Singh Thakur said after flagging...

Liberalised Rules to create growth-oriented framework for drones The Government has approved Production Linked Incentive (PLI) Scheme for Drones and Drone Components in India. A corpus of Rs.120 crores has been allocated for 2022-23 to 2024-25. The aim is to...

Sakamoto says India has been a strategic investment destination with skilled and dedicated people Japan’s Shibaura Machine, the leading manufacturer of high-precision injection moulding machine in the world, is to invest Rs.225 crore in India, primarily to expand its manufacturing...

CM Dhami calls for cooperation in capacity development Senior Japanese diplomatic and trade officials see the potential of cooperation between Uttarakhand and Japan in manufacturing industry, one of the country's strengths. They spoke at the '7th Dialogue with States: Japan's...

Pai says Swedish Group to further support modernization of Indian railway industry Aiming to help railway freight operators and rolling stock manufacturers improve fleet efficiency, increase reliability and reduce the total cost of ownership, Swedish-origin SKF India will be showcasing...

Korean Minister highlights huge opportunity in clean energy South Korea’s outstanding manufacturing foundations such as electronics, automobiles, steel, must be combined with India’s world class ICT capabilities for the development of future industries, including EVs and batteries, as well as...