Manufacturing

Sanjiv says unicorns to uplift startups The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Zepto Private Limited to support and scale early-stage startups in the manufacturing sector through its ‘Zepto...

SiCSem, 3D Glass, CDIL and ASIP to set up plants in Odisha, Punjab and Andhra Pradesh The Cabinet has on 12 Aug approved four more semiconductor projects under India Semiconductor Mission (ISM). These four proposals, with cumulative investment of Rs.4,600...

PSUs are augmenting coal-lignite production Coal companies have undertaken steps such as adoption of Mass Production Technology, embracing of Mine Development and Operation (MDO) projects and re-operationalization of abandoned / discontinued underground mines through MDO under revenue sharing mode. This...

Services to get Remotely Piloted Aircraft (RPAs) The Defence Acquisition Council has approved on 5 Aug various proposals worth about Rs.67,000 crore for acquisition by the Armed Forces, the Defence Ministry said https://www.commerce.gov.in/. Acceptance of Necessity (AoN) was accorded for...

2024 textile export to Japan was $354m Japanese investors from apparel, machinery, technical textiles and fabric processing sectors were invited to invest in PM MITRA parks and take advantage of India's vibrant textile ecosystem, Minister of State for Textiles Pabitra...

NSE has pioneered digital trading, says Chauhan ABB India Limited says its manufacturing footprint has expanded 3-fold and revenue increased 20x, PAT 37x over three decades, when the Swedish-Swiss MNC unit became among the first companies to be listed on...

VinFast builds ‘EV capital of South Asia’ in Tamil Nadu Vietnamese electric vehicle (EV) manufacturer VinFast’s first assembly plant the Sipcot Industrial Park in Thoothukudi, Tamil Nadu, is set to be the company’s largest export hub for South Asia, the...

India set for transformative shift in clean mobility, says Gauba NITI Aayog has launched a report, ‘Unlocking a US$200 Billion Opportunity: Electric Vehicles in India’, which presents a timely and comprehensive assessment of current challenges faced by India’s Electric Mobility...

Orbia Wavin’s tech advances water management solutions The Supreme Industries Ltd has acquired India-based pipes and fittings business of Orbia Building & Infrastructure (Wavin) for US$30 million, plus net working capital adjustments, said Orbia Advance Corporation S.A.B. de CV (BMV:...

Electric mobility sector in transformative phase The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Ather Energy Limited, an Indian electric vehicle manufacturer, to accelerate the growth of India’s clean mobility...