Manufacturing

Scindia has called on mills to increase production of value-added steel The Ministry of Steel has signed 57 MoUs’ with 27 companies for specialty steel under the Rs.6,322 crore Production Linked Incentive (PLI) Scheme which is expected to generate Rs.30,000...

Approved: Indian Air Force’s proposal for Long Range Stand-Off Weapon The Defence Acquisition Council (DAC) has accorded Acceptance of Necessity (AoN) for capital acquisition amounting to over Rs.70,500 crore under Buy Indian-IDDM (Indigenously Designed, Developed and Manufactured) which largely includes...

India-US commercial dialogue relaunched by Goyal and Raimondo A Memorandum of Understanding (MoU) on establishing semiconductor supply chain and innovation partnership under the framework of India–US Commercial Dialogue was signed following the relaunch of Commercial Dialogue 2023 in New Delhi...

Opportunities in India presented during negotiations of FTAs, says Goyal The Government is working to introduce quality standards in a much bigger way to help Indian manufacturing sector over the next two to three years, Commerce and Industry Minister Piyush...

Def Ministry to procure Rs.9,900cr of aircraft-training ships   Ministry of Defence has signed contracts with Hindustan Aeronautics Limited (HAL) and Larsen & Toubro Limited (L&T) for procurement of 70 HTT-40 Basic Trainer Aircraft & three Cadet Training Ships, respectively....

Myriad opportunities are available to excel in India, says Minister Commerce and Industry Minister Piyush Goyal has told auto components industry to grab the opportunity and work with all stakeholders to capture emerging opportunities to be global players. “India is...

Pharma industry urged to identify areas for investments The Prime Minister Narendra Modi has called on private sector and academia to coordinate and help grow the Indian pharma market to beyond Rs.10 lakh crore from the current Rs.4 lakh crore....

Debt and equity providers are essential in solar business, added Bhattacharyya The Rs.24,000 crore PLI scheme would ensure upward integration from polysilicon to modules and will help India in becoming a net exporter of modules, says Lalit Bohra, Joint Secretary,...

Karolis Žemaitis has agreed to work in the areas of deep tech Start-Ups in India A global MNC from Lithuania, Teltonika, has a presence in India also and can take collaboration of chip making to a new height in years...

Govt committed to High-Performance Bio-manufacturing With its bioeconomy poised to touch US$300 billion by 2030 and with its rising innovation and scientific temper, India is set to join the global wave of a new industrial revolution. This projection was made...