Manufacturing

Verma updates Rajya Sabha on initiatives for MSMEs The Government has taken a number of recent initiatives to support MSMEs in the country, including Rs.5 lakh crore Collateral Free Automatic Loans for business, and MSMEs, Rajya Sabha was updated on...

Govt supports plans to increase domestic solar equipment manufacturing Permionics Group, a Liquid Separation & Membrane Technology pioneer from Vadodara, is set to produce solar wafer from silicon ingots using semiconductor grade water or 18Meg Ohm water to service 10...

Minister clarifies that Govt not investing in SAIL capacity expansion The Indian steel production increased to 154.062 million tonnes (MT) of crude steel in 2021-22 from 143.914 MT in 2020-21 and 142.299 MT in 2019-20, Minister of State for Steel...

India imported 57.16 million tonnes of coking coal in 2021-22 An MoU was signed on 14 Oct 2021 between the Ministry of Steel and the Russian Ministry of Energy on cooperation in coking coal used in steel making, Minister of...

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...