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DPIIT introduces stricter guidelines for PLI Scheme in white goods sector
Under these updated regulations, selected companies must now provide a certificate from a registered cost accountant, confirming related party sales and determining the arm's length price, in order to avail the scheme's benefits.Read more
VVDN Technologies, Telit Cinterion partners for India's Telecom Manufacturing Sector
To facilitate this, VVDN has established a state-of-the-art surface mount technology line at its manufacturing facility in Manesar, India.Read more
HCLFoundation and Stanley Black & Decker join forces for manufacturing skills development
The partnership aims to provide skills training to Indian youth, enhancing their employability in the manufacturing sector.Read more
Rajnath Singh to inaugurate the India Manufacturing Show, 2023
Laghu Udyog Bharati-Karnataka in association with IMS Foundation is hosting a three-day 6th Edition of India Manufacturing Show 2023 scheduled for November 2-3-4, 2023 at BIEC in Bangalore.Read more
Honor to commence manufacturing in India by 2024
HTech is actively engaging with three contract manufacturers in India and aims to commence local manufacturing of Honor smartphones by the first quarter of 2024.Read more
Entuple E-Mobility, Aditya Auto partners for electric motors manufacturing in Bangalore
The joint venture will be financially backed by both partners' equity contributions and will focus on producing electric traction hubs and mid-drive motors.Read more
Waaree Energies advocates local solar manufacturing
Waaree Energies is exploring new technologies and considering establishing a battery cell manufacturing unit to expand its battery storage business.Read more
NBC Bearings soars into Aerospace industry with strategic investments
As part of this strategic initiative, Lokesh Agrawal, the Chief Technology Officer (CTO) of NBC Bearings, revealed that the company has established a specialised business vertical exclusively designed for the aerospace industry.Read more
Jindal Steel & Power set to become India's largest single-location steel manufacturing facility
The steel plant in Raigarh will also undergo an expansion of up to 9.6 MTPA from the current 3.6 MTPA, the company said in a statement.Read more
Schneider Electric expands Indian operations, aims for global growth
Schneider Electric is expanding its operations in India, venturing into solar panel manufacturing with a new factory in Haridwar, Uttarakhand, expected to be operational by mid-2024.Read more