Manufacturing

Bidding documents being finalised, says Gadkari Cabinet Committee on Economic Affairs (CCEA) has mandated Ministry of Road Transport and Highways to develop 35 Multi Model Logistics Parks (MMLP) across the country, Minister Nitin Gadkari said in an update to Parliament...

Shankar says Rs.6,322cr PLI will attract investments in technological capabilities FICCI welcomes the government's move to approve Production-linked Incentive (PLI) Scheme for Specialty Steel sector, noting that it will win Rs.40,000 crore investment and boost the production of high-grade specialty...

Nath says policies based on premises of inviting more investments Investments in oil sector especially upstream is necessary and will continue in India, and the authority will conducive policies for investors to participate in continuing the development of Indian hydrocarbon...

Missile built with Miniaturized Infrared Imaging Seeker and advanced avionics In a major boost towards AatmaNirbhar Bharat and strengthening of Indian Army, the Defence Research and Development Organisation (DRDO) has successfully flight-tested indigenously developed low weight, fire and forget Man...

Ti-10V-2Fe-3Al alloy forgings to replace 15 steel components Defence Research and Development Organisation (DRDO) has indigenously developed a High Strength Metastable Beta Titanium Alloy containing Vanadium, Iron and Aluminium, Ti-10V-2Fe-3Al on industrial scale for applications in aerospace structural forgings at...

Foreign OEMs will be technology partner in the Strategic Partnership Model As a major initiative towards ‘Make in India’, Ministry of Defence (MoD) has issued Request of Proposal (RFP) for the first acquisition programme under the Strategic Partnership Model for...

102 contracts have been signed with Indian vendors for capital procurement In line with Government of India’s initiative of ‘Atmanirbhar Bharat’, it has been decided to earmark an amount of Rs.71,438.36 crore for domestic capital procurement out of the total...

OEMs resuming operations in phase manner Indian automobile industry is facing headwinds like steep increase in commodity prices, semi-conductor shortage, and fear of a third Covid wave, said Kenichi Ayukawa, President of the Society of Indian Automobile Manufacturers (SIAM). "In...

Engineering goods export grew 52.4% in June India's economic recovery will be likely led by exports especially from MSMEs while six out of the 10 lead economic and business indicators of Quick Economic Trends have shown uptrend in the growth...

Tremendous opportunities in Innovation and R&D, says Sitharaman Finance Minister Nirmala Sitharaman has highlighted India's vibrant and pulsating Financial Markets, enormous investments underway in the infrastructure sector and the tremendous potential of Innovation and R&D to American investors expected to...