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Govt approves Rs 10,037 crore UNNATI scheme for North East industrial development

The UNNATI scheme aims to generate gainful employment, leading to the overall socio-economic development of the North East regionRead more

Uttarakhand CM boosts industries with Rs 90 cr subsidy

This initiative, governed by the Central Government's Industrial Development Scheme of 2017, extends a 30% subsidy, capped at Rs 5 crore.Read more

Madhya Pradesh: The emerging manufacturing hub

As India gains the center stage of the world, Madhya Pradesh is slowly emerging as the centre of attraction for establishment of industries and investment. With MP targeting for $ 550 billion state GDP by 2026, the government is laying emphasis on technology-driven economy with a focus over enhancing productivity in all the sectors. Read more

Servotech to establish EV Charger Manufacturing Plant, signs MoU with UP govt

The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by Raman Bhatia, Managing Director, Servotech Power Systems, and Nand Gopal Gupta ‘Nandi’, Minister of Industrial Development, Government of Uttar PradeshRead more

US’s ExxonMobil to build lubricant manufacturing plant in India

Texas-headquartered ExxonMobil is investing nearly INR 900 crore to build a lubricant plant in Raigad, Maharashtra. Expected to start in 2025, the new plant is expected to produce 159,000 kiloliters of finished lubricants and provide 1,200 new jobs in the country.Read more

3i EXPO 2022 begins from May 20; Set to lead Industry 4.0 revolution

With about 40 exhibitors and 35 Industry Leaders at the 2-day event, over 1000 visitors are expected at 3i EXPO, which will be held from May 20-21, 2022 at Nehru Center, MumbaiRead more

YEIDA provides land for the development of a plastic park by AIPIA

YEIDA will give 100 acres of land in Sector 10 for the project, following a demand by the AIPIA. It will have a Rs 75 billion investment and generate employment opportunities for 15,000 people.Read more

Eight stages of the industrial development in India

In the 19th century, India contributed to almost 30 per cent of the world GDP, with no organised manufacturing whatsoever. Industry itself was in a nascent stage. Read more

North-East industrial development policy to incentivise MSMEs

In order to promote employment in the North East States and incentivise the MSME (micro, small & medium enterprises) sector, the Union Cabinet has approved the North East Industrial Development Scheme (NEIDS), 2017 with financial outlay of Rs 30 billion up to March, 2020.Read more

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