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Govt reopens application window for PLI scheme for AC & LED light manufacturing
This application period will run from July 15, 2024, to October 12, 2024, in response to increased industry interest.Read more
India’s MSME employment surpasses 200 million, spikes 66% in 1 year
Out of the total reported jobs, approximately 45.4 million were held by women employees.Read more
EESL nearing phase 1 completion of lithium-ion cell manufacturing by fy year-end
EESL's scope includes producing, assembling, and commercialising battery modules and packs for both mobility and grid-based applications, addressing the growing demand for lithium-ion batteries and storage solutions.Read more
Chinese auto manufacturer BYD to establish $1 bn manufacturing plant in India
Due to its Chinese connections, BYD is partnering with Hyderabad-based Megha Engineering and Infrastructures.Read more
Forward Manufacturing Company Pvt. Ltd. inks pact with France’s Pernat Industrie
As part of this JV, Forward and Pernat will collaborate to introduce new technologies to the Indian automotive, aerospace, and defence industries.Read more
USFDA issues warning letter to Sun Pharma over manufacturing at Dadra facility
The warning letter summarises significant violations of Current Good Manufacturing Practice (CGMP) regulations for finished pharmaceuticals at the facility.Read more
Ashok Leyland unveils vehicle disposal facility & platform for old vehicles
The Hinduja flagship is also developing a digital platform named Re.AL for the used vehicle business.Read more
Labour Officials visit Foxconn iPhone plant over alleged discriminatory hiring
Foxconn has denied allegations of employment discrimination based on marital status, gender, religion, or any other form. Read more
Indian smart manufacturing firms witness rise in cyber-attacks
One of the key factors contributing to poor security among Indian firms is the continued use of older platforms.Read more
India may gain from trade restrictions against China says IMF Chief Economist
The US and EU recently announced higher import duties on some Chinese products and FDI from China is already facing heightened scrutiny in several parts of the world.Read more