Manufacturing

5G mobile services likely in 2022-23 Twenty-six national and multinational companies have shown their interest as on 21 July 2022 in the amended Production Linked Incentive (PLI) Scheme for manufacturing of telecom and networking products to facilitate design-led manufacturing of...

Defence Investor Cell has addressed 1,445 queries such as investment opportunities, says Bhatt Specific consultations are done regularly with Foreign Original Equipment Manufacturers (FOEMs) while webinars are conducted with Friendly Foreign Countries (FFCs) through Indian Missions abroad and Industry Associations...

Sharma sees AC industry value improves to 75% in few years from current 25% The White Goods Manufacturing sector is expected to draw Rs.6,632 crore investment with the support of Production Linked Incentives and other supportive Government policies, according to...

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...