Manufacturing

Adani to manufacture copper tubes for air-conditioners South Korean industrial heavyweight LG Electronics India Private Ltd has proposed to invest Rs.300 crore for manufacturing compressors, control assemblies for remotes, motors, heat exchangers and plastics moulding components for air conditioners under...

AC companies to manufacture copper tubing, compressors and heat exchangers Fifteen companies, including South Korea’s LG Electronics, with committed investment of Rs.1,368 crore, have been selected as beneficiaries under the Production Linked Incentive (PLI) scheme for the white goods sector....

Sekhri calls for tech fund and PLI-2 for apparel sector Tiruppur, with textile product exports of Rs.30,000 crore in 2021-22, is a good example of duplicating textile hubs in 75 districts across India, says Commerce and Industry Minister Piyush Goyal....

Veeda Clinical Research managed Phase II/III trial Biolexis, the vaccine and biosimilar arm of the Strides Group, is to manufacture and commercialize AmbiVax-CTM in India and over 130 countries in Asia, Latin America, and Africa, mainly covering the low-and-middle-income countries...

Scrappage policy could reduce industry's costs by 30% Road Transport and Highway Minister Nitin Gadkari has told the auto industry to go for need-based research and address various issues such as fuel to engineering. "You should address issues from fuel...

Telangana allots 20-acre site for PEIPL manufacturing facility Azure Power Global Limited (NYSE: AZRE) has agreed to invest Rs.1,000 million (~US$12.9 million) in Premier Group and has executed a Module Supply Agreement (MSA) for supply of modules up to 600...

BIS has developed 500+ technical textile standards, says Sharma The Government is focused on Research and Development of technical textiles under the National Technical Textiles Mission (NTTM) and aim to increase its usage the Indian market, Ministry of Textiles Secretary...

India-funded project is a glowing example of ‘Make in India, Make for the World’, says Singh. Defence Minister Rajnath Singh has handed over 12 High Speed Guard Boats, built under the US$100 million Defence Line of Credit to Vietnam, during...

Japanese group says its Indian auto, pharma and textile markets expand 8%/annually Mitsubishi Electric Corporation (TOKYO: 6503) is investing Rs.2.2 billion (Yen3.1 billion) in a new facility in Pune to manufacture inverters and other factory automation (FA) control system products,...

Initiatives to help reach 15+ billion liters per annum of first-generation ethanol by 2025 The Sugar Industry, bogged down with excess production, unattractive domestic and international prices and accumulated dues to sugarcane growers, is set to boom from ethanol blending...