Manufacturing

Goyal tells industry to become global champions Sixty-one companies have used the Production Linked Incentive (PLI) scheme for white goods to set up components manufacturing plants at 111 locations across 14 States and Union Territories with investment commitments of Rs.6,632...

Bhatt says multiple factors considered in identifying platforms Eighteen Defence Platforms have been identified after extensive consultations with the Services, DRDO and the Industry for achieving self-reliance in defence manufacturing under ‘Aatmanirbhar Bharat Abhiyan’ and in sync with the announcement...

Eight patents filed for the diverse set of 2W applications, 6 patents in pipeline Swedish-origin SKF, represented in more than 130 countries with around 17,000 distributor locations worldwide, has established a dedicated two-wheeler Centre of Excellence (CoE) in Bangalore to...

Patel assures India's full cooperation in transformation of Gabon economy Fifty-four Indian companies have set up manufacturing units in various sectors like pharma, timber, mining, steel and food processing in the Gabon Special Economic Zone (GSEZ), the African state’s Minister...

Ajay Kumar wants 20 Indian companies in world’s top 100 defence enterprises The Ministry of Defence (MoD) has set a target of Rs.1.75 lakh crore of defence production by 2025, which includes export of Rs.35,000 crore, 70%-80% of which would...

Industry reforms in place to make India a global drone hub by 2030 The Ministry of Civil Aviation (MoCA) has released the second provisional list of 23 beneficiaries under the Production-Linked Incentive (PLI) Scheme for drone and drone components. These...

Andries outlines plan for co-development+co-production of advanced jet engines French company Safran Group CEO Olivier Andries has briefed Defence Minister Rajnath Singh on his company’s US$150 million plans to set up a Maintenance, Repair and Overhaul (MRO) facility in Hyderabad...

India wants to become 'a chip maker for a chip taker' Prime Minister Narendra Modi said the Government is working on building a US$300+ billion electronics manufacturing industry over the next three-four years. Inaugurating the Digital India Week 2022 on...

Jardosh sees Avgol Nonwoven save $25m a year in forex outflow The Production Linked Incentive (PLI) Scheme and Israeli-Singapore backed Avgol Nonwoven's New Manufacturing facility at Halol in Gujarat will lead Indian textile sector achieve the desired scale and size...

Japanese-TCS to set up tech centre in Bangalore Tokyo-headquartered Renesas Electronics Corporation (TSE:6723) has formed a partnership with Tata Motors Ltd (TML) and Tejas Networks Ltd, both of Tata Group, to design, develop and manufacture Renesas’ semiconductor solutions for enhancing...