Manufacturing

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...

Sakamoto says India has been a strategic investment destination with skilled and dedicated people Japan’s Shibaura Machine, the leading manufacturer of high-precision injection moulding machine in the world, is to invest Rs.225 crore in India, primarily to expand its manufacturing...

CM Dhami calls for cooperation in capacity development Senior Japanese diplomatic and trade officials see the potential of cooperation between Uttarakhand and Japan in manufacturing industry, one of the country's strengths. They spoke at the '7th Dialogue with States: Japan's...

Pai says Swedish Group to further support modernization of Indian railway industry Aiming to help railway freight operators and rolling stock manufacturers improve fleet efficiency, increase reliability and reduce the total cost of ownership, Swedish-origin SKF India will be showcasing...

Korean Minister highlights huge opportunity in clean energy South Korea’s outstanding manufacturing foundations such as electronics, automobiles, steel, must be combined with India’s world class ICT capabilities for the development of future industries, including EVs and batteries, as well as...

French multinational wins Rs.798cr contract from CMRL Alstom, the French multinational rolling stock manufacturer operating worldwide, has been awarded a contract worth €98 million (Rs.798 crore) to design, manufacture, supply, test and commission 78 advanced metro coaches by the Chennai...

Capacity utilitization over 70% reflects economic activity The growth momentum picked up by manufacturing sector in the last few months is likely to be sustained for the next six to nine months, as assessed by latest FICCI Quarterly Survey on...

Partnership aims for global technology leadership in energy storage Tdafoq Energy of Riyadh has entered into a distribution and manufacturing license with Delectrik Systems of Gurgaon to exclusively sell Delectrik's made-in-India Vanadium Redox Flow Battery products in the Gulf countries...

Mallavarapu says the MoU is for knowledge sharing and manufacturing Bangalore’s Centum Electronics Limited has formed a strategic partnership with Israel-headquartered Rafael Advanced Defense Systems Limited to collaborate in the field of Electronic Warfare systems for the Indian Army, Indian...

Pune motorcycle maker to help enhance green mobility in India Honda Power Pack Energy India Pvt Ltd, a subsidiary of Honda Motor of Japan, will provide Battery as a Service (BaaS) swapping solution under a partnership with Pune’s Tork Motors,...