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SAIL partners with BHP to decarbonize steelmaking in India
The partnership will focus on testing alternative reductants, such as hydrogen and biochar, to reduce greenhouse gas emissions in SAIL’s integrated steel plants. Read more
India-France enhance aerospace partnership with MoU for bilateral cooperation
Currently, over 60 GIFAS member companies operate in India, with more than 30 industrial sites established across the country. Read more
Toys“R”Us India to launch locally manufactured toys by mid 2025
Local manufacturing will also enable Toys“R”Us India to optimise pricing. Read more
Linde India commissions new air separation unit in Ludhiana
Located within the Hi-Tech Cycle Valley Park at Dhanansu, the new ASU will cater to the growing demand for medical oxygen, industrial oxygen, nitrogen, and argon across various sectors, including healthcare, semiconductor, steel, metals, pharmaceuticals, paper, automotive, and manufacturing. Read more
SolarfiX India and Japan’s Kanemasa partner for 10 GW solar module manufacturing
Under the pact, Kanemasa will serve as the technology partner, providing expertise and advanced solutions for SolarfiX’s ambitious expansion plan.Read more
Safran Group to establish defence electronics unit in India to strengthen ties
The strategic dialogue also included discussions on joint development of unmanned sub-surface, surface, and aerial systems, including underwater drones for submarines. Read more
Kerala CM unveils India’s first supercapacitor manufacturing facility in Kannur
With an initial investment of Rs 420 million, the plant is expected to enhance Kerala’s position as a hub for the electronics industry and support the country’s defence and electric vehicle sectors.Read more
Manufacturing activity hits 8-month low in September: Survey
Business confidence levels also dipped to their lowest since April 2023, reflecting a cautious outlook within the sector. Read more
Transformers and Rectifiers stock rises 5% following Rs 5.65 billion order
In addition to this latest order, the company secured another Rs 1.14 billion contract last month from Rajasthan Rajya Vidyut Prasaran Nigam Limited for the supply of 50 MVA, 132/33 KV power transformers, which are set to be delivered in the next financial year.Read more
On a fast-track growth
On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more