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PLI Scheme spurs 500,000 jobs in mobile industry: Minister
Speaking at the inauguration of Padget Electronics' Rs 256 crore smartphone manufacturing facility in Noida, Uttar Pradesh, Ashwini Vaishnaw expressed confidence in the development of the electronic components ecosystem.Read more
PLI scheme: The way forward
The Rs 2.71 trillion Production-Linked Incentive (PLI) schemes, rolled out to promote the economic development of various sectors, have faced multiple implementation challenges. Bhavesh Thakkar summarises such challenges and also presents the way forward.Read more
Govt mulls Rs 12,000 cr incentive for domestic mining equipment manufacturing
A high-level committee, led by the director (technical) of Coal India (CIL), has proposed a five-year incentive program to stimulate domestic manufacturing.Read more
ABB, Titagarh forge strategic partnership for Metro Propulsion Systems in India
The agreement encompasses Titagarh purchasing ABB propulsion systems, including traction converters, auxiliary converters, traction motors, and train control management system (TCMS) software.Read more
Spanish firms eye high-speed rail and defence projects in India
Dominguez mentioned that Spain's state-owned defense firm, Navantia, is in contention for a contract to build six submarines for India under Project 75 (I).Read more
Intel boosts India's laptop manufacturing: Game-Changer for 'Make in India' initiative
Intel, a global technology leader, is partnering with eight Indian Electronics Manufacturing Services (EMS) and Original Design Manufacturers (ODMs) to boost the laptop manufacturing.Read more
Airbus strengthens 'Make in India' with agreements with four Indian suppliers
These contracts pertain to the production of airframe and wing parts for Airbus' A320neo, A330neo, and A350 programs.Read more
Craftsman Automation expands Capex for FY 2024
Craftsman Automation has outlined a new investment plan totalling Rs 209 crore, with Rs 150-160 crore allocated for the current fiscal year.Read more
India identifies key sectors for global manufacturing dominance
Officials have revealed that India is on the brink of identifying approximately a dozen sectors poised to establish the country as a global manufacturing powerhouse.Read more
GBA will facilitate access to technology, policy interventions in global south
…opines Dr Pramod Chaudhari, Executive Chairman, Praj Industries in this interview on the declaration of Global Biofuel Alliance at G20 Summit 2023.Read more