Manufacturing

Acquisition provides local presence, know-how and customer base Wavin B.V., a global solutions leader for the Building and Infrastructure industry and an Orbia business, will acquire a majority stake in Vectus Industries Limited, a privately-held manufacturer of plumbing and drainage...

Bhagwat says Indian business activities to support Phoenix Contact acquisition Pune's Renu Electronics has announced the acquisition of Phoenix Contact HMI IPC Technology GmbH to form Renu Electronics GmbH, a 100% subsidiary for manufacturing and product development in Germany to...

DRDO's India-built missile has a range of 150-500 km The Defence Research and Development Organisation (DRDO) has flight tested indigenously developed surface-to-surface missile ‘Pralay’ from Dr A P J Abdul Kalam Island off the coast of Odisha on 22 Dec...

Plans include a new plant in South India following the success of $4.5m from Series A Pune's Pi Green Innovations, which has technology patents granted in the USA, UK, China, EU and Singapore, said the US$4.5 million in Series A...

Bilateral trade up 40%/y in 10 months India can be a leading source of material input for Vietnamese industries such as textiles and garments, shoes and leather as well as manufacturing, while the Indian market can be a major export...

Scheme to support 300 startups, MSMEs, innovators The Department of Defence Production has approved a central sector scheme viz. Innovations for Defence Excellence (iDEX) with budgetary support of Rs.498.78 crore for the next 5 years from 2021-22 to 2025-26, Minister...

Five-year contract boost Make In India and indigenization program In a major boost to indigenization, Hindustan Aeronautics Ltd (HAL) has signed a Rs.2,400 crore contract with Bharat Electronics Limited (BEL) for development and supply of 20 types systems for the...

Govt commits $30bn to position India as global hub for electronics manufacturing The Cabinet has approved a comprehensive multi-billion dollar program for the development of sustainable semiconductor and display ecosystem in the country, ushering in a new era in electronics...

Girish says the guidelines will continue to evolve Leading international ship classification society Indian Register of Shipping (IRClass) has published Guidelines on Remotely Operated Vessels and Autonomous Surface Vessels, providing a broad framework and philosophy for stakeholders involved in design,...

F77 will redefine the global perception of electric mobility, says Rajmohan TVS Motor Company and Zoho Corporation have supported Series C funding of Ultraviolette Automotive Pvt Ltd, an innovator in sustainable mobility which is setting-up manufacturing and assembling facility in...