Manufacturing

Startups-MSMEs to produce Rs.380.43cr iDEX items for Armed Forces The Defence Acquisition Council (DAC), in its meeting of 22nd March 2022, accorded Acceptance of Necessity (AoN) for Rs.8,357 crore Capital Acquisition proposals of the Armed Forces. As an impetus to...

Kishida says investment will bring huge benefits for several industries in India Prime Minister Kishida Fumio has announced US$42 billion investment in India over the next five years in a deal that is expected to boost bilateral trade and lift...

The Indian group can supply vaccine to countries to protect people during the pandemic, says Zion Biolexis, a division of Stelis Biopharma Limited (Stelis), is to manufacture and commercialize AKS-452 (branded as AmbiVax-CTM) in India and over 130 countries in...

Goyal notes the need to have open domestic market while Indian industry seeks global trade participation Commerce and Industry Minister Piyush Goyal applauded India’s auto components industry at the 7th Technology Summit 2022, noting its first time achievement of posting...

Blue Star focused on introducing new-generation technology, says Menon Fremont-headquartered VVDN Technologies will be co-developing and manufacturing new generation controllers for residential and commercial AC segments in a strategic alliance with Blue Star, a leading air conditioning and refrigeration company...

Deadline for submission of application form is 2359 hours on 31 March 2022 The Government has invited applications from drone industry for Rs.120 crore Production Linked Incentive (PLI) scheme spread over three financial years, which is nearly double the combined...

Demand driven by growing penetration of IoT and high usage of MEMS technology in medical devices India Microelectromechanical Systems (MEMS) market is anticipated to witness significant CAGR during the forecast period to FY 2027 on account of thriving healthcare, automation...

Electric buses have already proved their reliability and efficiency, says Pradeep Olectra Greentech Limited plans to manufacture 10,000 buses per year from expanded capacity by adding a 150-acre state-of-the-art, fully-automated robotic manufacturing plant in Telangana. The company, which has launched...

San Jose-Mumbai partnership to boost innovation and talent in India A newly formed export-oriented joint venture of San Jose's Sanmina Corp and Reliance Strategic Business Ventures Ltd will prioritize high technology infrastructure hardware, for growth markets, and across industries such...

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...