Manufacturing

Kumar works on new products from Chennai plant Shibaura Machine India, a unit of Japanese group, is invest Rs.300 crore on a new factory at a sprawling 11+ acres, adjacent to its existing facility in Chennai, and hopes to scale...

PLI scheme is to promote sector champions Commerce and Industry Minister Piyush Goyal said the seven new Production Linked Incentive (PLI) schemes that that were just approved shows the Government’s commitment to promote manufacturing in India. Addressing IIM Ahmedabad’s Red...

Minister tells defence companies to develop latest technologies The Government will provide Rs.6,270 crore for capital expenditure in 2026-27 to the seven defence companies, carved out of erstwhile Ordnance Factory Board (OFB) a year ago. To date, the Government has...

Global investors attracted to setup fabs in India, says the Cabinet The Cabinet has approved the recently modified programme for development of semiconductors and display manufacturing ecosystem in India, providing a uniform fiscal support of 50% of Project Cost across...

Gautam Adani sees headroom for growth of cement business in India Adani Group Chairman Gautam Adani has assured production of premium quality green cement based on his group’s large renewable energy generation capacity. “Our position as one of the largest...

Munoth Industries sets up Rs.165 crores lithium cell producing facility India can edge past the target of US$300 billion worth of electronics manufacturing and exports by 2025-26, says the Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar. Speaking...

Minister tells car manufacturers to expand global footprints The Indian Automotive Industry is at the inflection point and is poised to grow fast, Commerce and Industry Minister Piyush Goyal has said at the 62nd Automotive Component Manufacturers Association (ACMA) Annual...

Ghaziabad to produce critical machining & Inspection process for SU-30MK1 Aircraft The Technology Development Board (TDB), a statutory body under Department of Science and Technology, is supporting Ghaziabad Precision Products Private Limited (GPP), Ghaziabad, Uttar Pradesh, for ‘Development by Critical...

Ho looks forward to Gujarat enhancing infra required for semiconductor project Taiwan’s Foxconn Semiconductor Group’s Rs.1.54 lakh crore semiconductor manufacturing fab unit in Ahmedabad will operate on the 28nm technology nodes and the display manufacturing unit will produce Generation 8...

Srivastava sees emerging market for high-energy scanning systems Smiths Detection, a global leader in threat detection and security inspection technologies from Edgewood Maryland, has signed a memorandum of understanding (MoU) with Bharat Electronics Limited (BEL) for the manufacture of advanced...