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India's medical device imports surge by 21%, sparks calls for policy re-evaluation

The top five HS codes, constituting almost 80% of total imports, witnessed a 26% increase, notably in consumables and equipment (HS code 9018), which saw a 14% rise to approximately Rs 18,700 crore, forming 32% of the import basket.Read more

GeM, AiMeD forge partnership for direct medical device sales to government

This agreement aims to enable AiMeD's members, comprising over 300 medical device manufacturers, to directly offer their products to the government through the GeM portal.Read more

MOLDEX India and FASTNEX aim to fuel growth of moulding and fastener industry

The two events – to be from January 19-23, 2024 at BIEC, Bengaluru - are aiming to fuel the growth of an estimated $ 6.5 billion moulding and $ 7.5 billion fastener and fixing industry in IndiaRead more

Pune's REPLUS Engitech aims for Rs 500 cr order Book, eyes global expansion

REPLUS is actively engaged in various global projects. In Saudi Arabia, the company is immersed in microgrid projects utilising solar energy to power villages, with the aim of establishing a self-sufficient economy.Read more

India aims for 1,000 vehicle scrapping centres, 400 fitness test hubs: Gadkari

During the launch of 'DigiELV,' Gadkari disclosed that the road ministry has already granted approval for 85 vehicle scrapping facilities nationwide.Read more

Indian Railways to invest Rs 1 tn in new trains, aiming to eradicate waiting lists by 2030

Ashwini Vaishnaw emphasised the need to replace aging rolling stock, estimating a requirement of 7,000-8,000 new train sets. The procurement process for these sets is expected to span the next four to five years.Read more

Thermax aims to address energy sustainability with green solutions

Secures orders exceeding Rs 500 crore for the establishment of five bio-CNG plants.Read more

India's National Green Hydrogen Mission Aims to Slash Fossil Fuel Imports by 2030

The Union Cabinet greenlit the mission in January 2023, allocating Rs 19,744 crore to establish India as a global hub for manufacturing green hydrogen, a sustainable energy source.Read more

India aims for 40% local value addition in phone manufacturing to boost global competitiveness

S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), outlined this goal during the Global Tech Summit 2023 organised by Carnegie on December 5.Read more

India aims to lead global semiconductor industry amidst supply chain challenges

Suraj Rengorajan, Chief Technology Officer at Applied Materials, highlighted India's capability to alleviate the global semiconductor talent at Bengaluru Tech Summit 2023.Read more

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