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Aatmanirbhar Gujarat 2022: Boosting growth of MSMEs

The Aatmanirbhar Gujarat 2022 Scheme aims to increase investment in the MSME sector in Gujarat, boosting Gujarat's industrial landscape and contributing to Atmanirbhar India's vision. Saumil Soni and Jaideep Jain explore the scheme and its impact on MSMEs.Read more

Siemens to invest over Rs.10 billion to expand operations in India

The company aims to meet the growing demand in critical sectors such as industry, infrastructure, and power distribution by expanding two of its factories. This strategic move includes the establishment of a state-of-the-art metro train manufacturing facility in Aurangabad and the expansion of the Smart Infrastructure Operations in GoaRead more

Siemens Limited declares CAPEX of over Rs 10 billion

The company's Smart Infrastructure Business is set to boost its factory presence in Goa with an investment of Rs 3.33 billion, marking the largest investment by Siemens in the state. Read more

Bajaj allocates Rs 5000 cr to CSR Skill Development

The Group’s key CSR initiative includes Bajaj Engineering Skills Training (BEST) programme, launched in 2023, which aims to enhance the skills of engineering and diploma graduates in the latest technologies relevant to Industry 4.0Read more

Govt implements QCO for stainless steel vacuum-insulated water bottles

Indian government has introduced Quality Control Orders (QCO) for stainless steel vacuum-insulated water bottles and portable stainless steel water bottles. The All India Steel Bottles Association stands firm and urges government for the non-extension of the QCO implementation date.Read more

PTC Industries' stock soars 10% on strategic titanium parts pact with Dassault Aviation

The purchase agreement solidifies a commitment from Aerolloy to manufacture a comprehensive range of titanium castings for the Rafale multirole fighter aircraft and the Falcon business jet program, starting from the year 2024.Read more

India extends auto PLI Scheme, boosts budget to Rs 25,938 Crore

The PLI scheme provides financial incentives to promote investments in the automotive manufacturing sector and enhance domestic production of Advanced Automotive Technology (AAT) products.Read more

Adding new dimension to manufacturing

When the Indian Space Research Organisation (ISRO) was looking to procure spacecraft’s grid-fins for its Gaganyaan mission, India’s first human space mission that is scheduled for a launch in 2024, it turned to a Bengaluru-based aerospace component maker that uses additive manufacturing (3D printing) technology. Read more

Goodluck Defence and Aerospace expands operations with Rs 96 cr investment

Although operational activities of the company established on August 31, 2023, are yet to commence, the company has already secured a substantial investment of Rs 40 crore from its parent company.Read more

Govt extends Automotive PLI Scheme, aims for accelerated implementation

While delivering the keynote address at the review meeting, Mahendra Nath Pandey, Union Heavy Industries Minister urged the industry to provide feedback and engage in collaborative efforts to shape the policies, procedures, and overall effectiveness of the PLI scheme.Read more

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