Manufacturing

Goyal launches innovative weather-based crop insurance scheme Commerce and Industry Minister Piyush Goyal has called upon the spice industry to double their exports to US$10 billion in the next five years, bringing forward the target by three years. "We now...

A third Positive Indigenisation list is expected soon, says Modi Contract worth Rs.54,000 crore have been signed for domestic procurement for made in India defence equipment while procurement process for more than Rs.450,000 crore is at various stages, Prime Minister...

Govt initiatives, financial support and investment in manufacturing driving growth The Indian Small Commercial Vehicle Market is anticipated to grow further with a CAGR of 15.14% in the forecast years FY2023-FY2027, to a market value of US$4,256.93 million by FY2027,...

143 applicants selected for Rs.10,900cr PLI scheme International food groups from Belgium, France, the Netherlands, the United Kingdom and Singapore led the US$10.88 billion foreign direct investment in the Indian food processing sector between April 2000 and November 2021, says...

Sharma says most sectors show grater appetite for hiring Automotive, BFSI, Global In-House Centers, Heavy Engineering and Manufacturing, Internet Businesses, Information Technology and Pharmaceuticals are expected to hire in 2022, which will be 31% over 2021 in terms of numbers,...

New CSO to introduce game-changing innovation in industrial applications NexGen Power Systems says industry veteran Ganesh Guruswamy, as its Chief Systems Officer, will oversee global engineering facilities in Santa Clara, California and Syracuse, New York, as well as the Bangalore...

Exports are expected to increase to $120bn by 2026 from $15bn in 2021-22, says Chandrasekhar Ministry of Electronics and Information Technology, in association with ICEA, has released a 5-year roadmap and Vision Document for the electronics sector, “US$300 billion Sustainable...

The French group invests for long-term growth opportunities and to better serve customers Air Liquide (Paris:AI) will invest around Rs.350 crores (Euro40 million) in a new Air Separation Unit (ASU) dedicated to Industrial Merchant activities in Kosi, Uttar Pradesh, to...

India Chip Centre to host the state-of-the-art design infrastructure The Ministry of Electronics and Information (MeitY) is seeking applications from 100 domestic companies, start-ups and MSMEs for its Design Linked Incentive (DLI) Scheme to create a vibrant ecosystem for Semiconductor...

Maruti exported 167,964 Vehicles to markets in Latin America, ASEAN, Africa, the Middle East and South Asia Japanese and Korean brands boosted India's passenger vehicle (PV) exports in April-December 2021-22 to 424,037, up from 291,170 units for the same period...