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Capital-intensive industries drive employment growth in India: Goldman Sachs
India’s manufacturing transformation is being fuelled by reforms, including the Production-Linked Incentive (PLI) schemes, which have played a pivotal role in increasing domestic production, fostering technological progress, and drawing both foreign and local investments. Read more
DDP launches 5th positive indigenisation list of 346 defence items
DPSUs such as Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Bharat Dynamics Limited (BDL) will lead the indigenisation of these items through various routes, including the 'Make' procedure and in-house development, involving industry players and MSMEs.Read more
80% of Indian steel producers use ‘Made-in-India’ on products to boost global status
This rollout began on November 4, 2023, with major players like RINL, JSPL, and TATA Steel Ltd already covering 100% of their product ranges.Read more
India needs more domestic mobile phone manufacturers; ICEA chairman
Government policies have been instrumental in this growth, the unpredictability stemming from certain actions of enforcement agencies needs to be addressed.Read more
Israel Aerospace Industries opens AeroSpace Services India in New Delhi
Headquartered in Delhi, ASI’s strategically located branches extend its services across the entirety of the Indian subcontinent, reaffirming its commitment to nationwide coverage and customer satisfaction.Read more
Decoding the attempt of a liquidity boost to MSEs
Recently, certain amendments were introduced through the Finance Act 2023 (FA 2023) to enhance financial liquidity for Micro and Small Enterprises (MSE) by indirectly compelling their customers to pay their dues on time. This amendment comes up like a double-edged sword, opine Aishwarya Jaju and Rushabh Bhandari.Read more
Luminous Power Tech advances solar ecosystem, opens new panel factory
With the launch of the state-of-the-art solar panel manufacturing factory, Luminous is the only company with in-house R&D and manufacturing capabilities to design and develop all the components of solar power generation systemsRead more
Schneider Electric inaugurates Cooling Plant in Bengaluru
The Cooling Plant will manufacture cooling solutions to bolster the efficiency and sustainability of the Data Center Ecosystem in India Read more
Government’s E-vehicle Policy and its impact on Indian markets
The scheme will promote E-vehicle with the latest technology to be manufactured in India, making India a manufacturing hub of E-vehicleRead more
Schmersal India celebration: Achieving milestones together
The Schmersal India offers its customers the largest range of safety switching appliances and systems worldwide for the protection of human life and machines.Read more