Manufacturing

Startups accelerated development of low-cost scalable and quick solutions for medical devices India, with technology, expertise and high market growth potential, is set to have a US$50 billion med tech industry by 2025, said Dr Jitendra Singh, Minister of State...

LUCAS TVS signs licences agreement for manufacturing lithium cells Cambridge, Massachusetts-headquartered 24M Technologies, developer of next generation lithium-ion battery technologies, is building Giga factories for manufacturing high energy density lithium-ion cells in India, using its innovative and disruptive SemiSolidTM platform...

Tremendous opportunities for Indian medical device manufacturers The Indian medical devices market is expected to increase at a CAGR of 35.4% from 2020 to 2025, reaching Rs.352,450 crore (US$50 billion), according to a report by the India Brand Equity Foundation...

Timely initiative to empower the Indian industry, especially MSMEs, says Dr. Nagahanumaiah Sweden's Hexagon (Nasdaq Stockholm: HEXA B) has entered into a partnership with India's Central Manufacturing Technology Institute (CMTI) to establish a Smart Manufacturing Development and Demonstration Cell (SMDDC),...

Sharma calls for removing hinderance in FTP India needs to build a global market intelligence system to provide an overview of market developments in various countries and their policies to help exports from the Micro, Small and Medium Enterprises (MSMEs)....

Manufacturers accelerate 'digital transformation', says Dr Dransfeld Bengalore's ITC Infotech, a leading global technology services and solutions provider, leveraging its consulting and engineering competence on the Manufacturing Execution Systems (MES) platforms, has built a differentiated offering to market - Industry...

Government focuses on shipbuilding and ship repair market India is on the cusp of major maritime revolution and requires a vibrant and strong maritime industry for both economic and strategic reasons, Sarbananda Sonowal, Minister of Ports, Shipping and Waterways, has...

Nepal Desk to serve businesses in both countries, says Bhatnagar The State Bank of India (SBI) is open for meeting the financing requirements of Himachal Pradesh’s industries, both MSMEs and large corporates, and has assured the bank’s unwavering support for...

Significant growth seen in export markets A significant economic recovery is on the anvil in 2021-22 as indicated by a CEOs poll conducted among 117 Senior CEOs at a recent meeting of the CII National Council. Majority of the CEOs...

Karnataka's Auto Industry gets 88% FDI Equity inflows India received foreign direct investment (FDI) of US$22.53 billion during first quarter of (April-June) 2021-22, almost double of US$11.84 billion reported in the first three months of 2020-21, reported Commerce and Industry...