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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