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PPDS to expand global manufacturing operations to India
This development, celebrated at a special opening event on 21 June 2024, is the latest example of PPDS’ global ‘local for local’ strategy, aligned with the Government of India’s ‘Make in India’ initiative.Read more
Lip-Bu Tan to be advisor for Yali Capital; India’s first deep-tech venture fund
The next step for India should be to design and build its own products and create its own homegrown semiconductor brand.Read more
Poly Medicure calls for import substitution in upcoming Budget; Himanshu Baid
Currently around 70% of medical devices and equipment worth nearly Rs 500 billion used in India are imported. The current duty structure for these imports ranges from 7.5% to 10%.Read more
Air Liquide India builds Rs 3.5 billion manufacturing facility in Mathura
Air Liquide India is a significant supplier of industrial gases to hospitals and various industries from its production facilities located in northern and western regions of India. Read more
India’s defence exports rise 14 times from FY16 to over Rs 210 billion
Initiatives such as ‘Make in India’ and ‘Atmanirbhar Bharat’ have fostered a robust defence manufacturing ecosystem. Read more
Return on equity of Indian manufacturing hits 10-year low; Citi
RoE, or return on equity, measures net profit as a percentage of net worth, indicating a firm's profitability and efficiency in using shareholder funds. Read more
May-24 IIP received manufacturing boost to 5.91%
The trends in mining, manufacturing, and electricity have fluctuated over the past few months. Read more
Shibaura Machine India opens Rs 2.25 billion injection moulding machine facility
Over the next 3-4 years, SMI expects to create new jobs and develop approximately 50 MSME vendors to support the expansion.Read more
TRSL to exploit export market amidst China Plus One; expand global reach
A team from Titagarh has been exploring business opportunities in South and Southeast Asia, West Asia, Africa, the US, and South America.Read more
ABB India funds educational programs in 148 Karnataka government schools
These initiatives, launched in 2022, have successfully raised awareness levels among students, bridging the aspiration gap in key scientific concepts. Read more