Manufacturing

Pact signed to bring back legacy of Beralus tractors MTW (Minsk Tractor Works), the Belarusian brand of agricultural machinery, has reached a long-term agreement with New Delhi-based Erisha Agritech Private Ltd for the localization and assembly of tractors under the...

Tandon endeavors to enhance the large screen viewing experience Qingdao, China-based Hisense, a leading global consumer electronics and appliance manufacturer, has announced its expansion plans for the Indian market including setting up a local manufacturing plant and expanding their product...

Scheme to indigenise technologies for aerospace sector Nearly 300 startups, MSMEs, individual innovators and 20 partner incubators will benefit from the Rs.498.8 crore scheme under the Innovation for Defence Excellence (iDEX)-Defence Innovation Organization (DIO) framework, the Ministry of Defence said...

Opportunities for PV module manufacturing The Indian Renewable Energy Development Agency Ltd (IREDA) has invited bids from solar module manufacturers for setting up solar manufacturing units under the central government’s Rs.4,500 crore Production Linked Incentive (PLI) scheme. The Ministry of...

Scope for Swedish-Indian industries for co-production and co-development Defence Minister Rajnath Singh has invited Swedish companies to invest in Defence Corridors in Uttar Pradesh and Tamil Nadu, saying that they can benefit from the unique incentives being offered by the...

Defence Minister Rajnath Singh launches e-booklet Defence exports rose to Rs.9,116 crore in 2019-20 from Rs.1,941 crore in 2014-15, putting India in the list of defence equipment exporting nations, according to an E-booklet ’20 Reforms in 2020’ released on 7...

Laxai making API based on IICT's improved technology Council of Scientific and Industrial Research (CSIR) is collaborating with Hyderabad-based Laxai Life Sciences Pvt Ltd in Phase-II clinical trial with anti-helminitic drug Niclosamide for treatment of Covid-19. The trial is a...

Additional liquidity extended to SIDBI is among significant steps for MSMEs The decision of the RBI Monetary Policy Committee to stay on course with the accommodative stance with a focus on the 'equitable distribution' of liquidity sends an important message...

Aggarwal calls for real time basis information sharing link on PLI Allocation of US$20 billion to 13 core sectors of the economy under the Production Linked Incentive (PLI) scheme will encourage incentive-led manufacturing and help exploit the potential to position...

DAC also approves Air Defence guns and ammunition for Army worth Rs 6,000 crore The Defence Acquisition Council (DAC) has approved proposals concerning Capital Acquisitions of various equipment for modernisation and operational needs of the Armed Forces amounting to approx....