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Odisha approves procurement policy to boost small manufacturing enterprises

This new policy aims to enhance the business activities of 'Odisha Small Manufacturing Enterprises' by favoring the procurement of their manufactured goods by State Government establishments.Read more

Kirloskar Oil Engines advocates strengthening India's Manufacturing IP for Global Edge

The company achieved revenues of Rs 4,073 crore in FY23, and Gauri, the fifth-generation Kirloskar involved in the business, emphasised the pivotal role of intellectual capital in India's growth trajectory.Read more

Jeh aerospace unveils aerospace manufacturing hub in Hyderabad

Spanning an impressive 160,000 square feet, this facility is geared towards providing advanced manufacturing solutions to the aerospace and defence sector.Read more

JSW's $4.81 bn investment powers up India's EV Manufacturing Hub in Odisha

JSW Group plans to allocate 250 billion rupees for an EV battery manufacturing plant and an EV components plant in the initial two phases of its investment strategy.Read more

Indian Oil Corp, Panasonic forge partnership for Li-ion battery manufacturing

The Indian government has taken steps to promote battery manufacturing by approving the PLI Scheme 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage,' with a budgetary outlay of Rs 18,100 crore.Read more

Govt set to extend 15% tax rate for new manufacturing units until 2025

This potential announcement is anticipated in the upcoming Interim Budget on February 1, with the aim of stimulating the manufacturing sector, attracting fresh investments, and simplifying compliance procedures.Read more

Delta Electronics, Ceres Power join forces to advance hydrogen energy solutions

As part of the agreement, Delta will gain access to Ceres' Hydrogen energy stack technology portfolio through technology transfer and licensing, involving an investment of approximately GBP43 million.Read more

India's electronics exports soar over 22%, fuelled by iPhone Surge and Production Incentives

Between April and December 2023, mobile phone exports constituted 52% of the total electronics exports, reaching $10.5 billion.Read more

Mitsubishi Electric boosts AI-Driven manufacturing with strategic stake in HACARUS

The collaboration will harness HACARUS' AI expertise to reinforce Mitsubishi Electric's efforts in creating integrated, automated AI-based visual inspection solutions.Read more

IMTEX Forming 2024 gets enthusiastic response from the manufacturing community

The Indian machine tool industry needs to produce high-precision machines and meet the current demand of producing sophisticated parts in various metals like titanium and others, said C K Venkataraman, MD, Titan Company Ltd.Read more

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