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New scheme to strengthen India’s medical device industry to launch soon
Additionally, the Union Cabinet's approval of the National Medical Devices Policy last April is expected to further drive growth in the sector.Read more
Temasek considers selling stake from Schneider Electric India venture
Another possibility being considered is an initial public offering (IPO) of the stake.Read more
Decathlon invests Rs 9.3 billion to boost local manufacturing in India
Currently, around 8% of Decathlon's global product range—including all cricket bats, accessories, and most hockey equipment—is produced in India. Read more
Chevron to invest $1 billion in new technology hub in Bengaluru
Chevron's $1 billion investment will be spread over five to six years, with plans to hire 600 employees across disciplines such as mechanical, civil, petroleum, and computer science by the end of 2025. Read more
US plans $1 billion investment in clean energy manufacturing in India
With upcoming US elections and significant global environmental issues, Podesta highlighted the importance of strengthening the partnership between the two nations.Read more
Marine Electricals inks MoU with Cummins India to manufacture naval ship pumps
In addition to their work in the naval sector, the MoU also aims to explore opportunities in the energy sector by offering power generation solutions.Read more
“The Indian HVAC market is projected to reach $29.4 billion by 2030”
HVAC systems have emerged as a critical component in this transition owing to its ability to simultaneously enhance energy efficiency and productivity within manufacturing facilities. Read more
Carraro India files draft papers for Rs 18.11 billion IPO with SEBI
The company generated 64.82% of its revenue from domestic sales last year.Read more
India to continue reliance on Chinese parts amid domestic manufacturing push
Imports of personal computers, laptops, and tablets decreased by 3.4% in 2023-24 to $8.4 billion, but China still accounts for about 60% of these imports. Read more
Cabinet approves Vigyan Dhara scheme to boost bio-manufacturing in India
The policy aims to enhance regenerative bio-economy models, promote green growth, and expand India's skilled workforce, thereby boosting job creation.Read more