Manufacturing

Russians keen on investing in 13 PLI-supported sectors India and Russia have taken their cooperation further with the signing of 28 agreements and MoUs, including the pact to manufacture AK-203 rifles in the country, Foreign Secretary Harsh Vardhan Shringla said...

Indian shipyards building 37 warships and submarines for the Indian Navy The first of the four Survey Vessels (Large), 'Sandhayak' was launched on Hooghly River in Kolkata on 5 Dec 2021 by Pushpa Bhatt, wife of the Minister of State...

Railways work on hybrid BOT model for greater private participation Forty more railway stations will be tendered shortly, following the completion of stations at Bhopal and Gandhinagar which have world-class features in terms of city integration and passenger flow, Ashwini...

Digital Factory vision deployment is a benchmark for the automotive industry Palo Alto-headquartered Altizon Inc is working with Chennai-based Sundaram Clayton Limited (SCL) to scale up deployment of its industry leading Datonis Digital Factory in casting and machining cells across...

SRIJAN offers has 16,000 items indigenisation to DPSUs The Ministry of Defence's Innovation for Defence Excellence (iDEX) is an important channel through which MSMEs and Start-ups could develop prototype for contracts worth Rs.1,000 crore, while special provisions have been made...

Govt also lend Rs.10,000cr support to two lakh micro food enterprises A Rs.10,900 crore Production Linked Incentive (PLI) scheme for Food Processing Sector is among the initiatives undertaken by the Central Government to support creation of global food manufacturing champions...

Government extends Rs.4.5 lakh crore ECLGS till 31 March 2022 India's merchandise exports in the first 8 months of 2021-22 have touched US$233 billion, a 54% growth over the previous year. This export growth has been led by sectors like...

Rs.10,683cr PLI to boost textile manufacturing India is looking at a fresh investment of Rs.19,000 crore (US$2.5 billion) in the textile sector, and becoming a preferred global partner for sourcing textiles. Outlining the government initiatives for the industrty, the Textile...

Scheme to enhance India’s Pharma manufacturing capabilities Fifty-five manufacturers have been selected for the PLI Scheme for Pharmaceuticals for enhancing India’s manufacturing capabilities and enhancing exports in 10 sectors approved by the Union Cabinet in Feb 2021. The Group A...

Sharma confirms investment commitment of Rs.4,500+ crores from more than 40 organizations The Government is willing to look at the Phased Manufacturing (PMP) plan for the AC industry to check the imports and increase local value addition and employment, DPIIT...