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Uno Minda signs agreement with Aisin for sunroof manufacturing
Aisin, a top 10 global Tier-1 automotive supplier, holds the largest market share in the sunroof segment in Japan, offering multi-panel, panoramic, and standard sunroofs.Read more
Budget FY25 Decoded!
With emphasis on infrastructure, skill development, MSMEs, and manufacturing, the FY25 budget aims to drive India’s manufacturing-led expansion and exports. However, there are some missed opportunities as well. SME deciphers the short and long term impact of the budget with industry experts.Read more
L&T targets order pipeline of Rs 9 trillion for FY24-25; CFO
There are infrastructure project opportunities worth $60 billion in the Middle East, with L&T targeting to secure 5-10% of these projects.Read more
Manoj Mittal appointed as Chairman and Managing Director of Sidbi
Mittal brings over 33 years of experience in the financial services sector to this role. Read more
FAME -II to focus on consumer aid than direct incentives to EV manufacturers
Launched in 2019 with an initial budget of Rs 100 billion, and later supplemented with an additional Rs 15 billion, the FAME II scheme aims to accelerate electric vehicle adoption in India. Read more
Airbus chooses eight sites to build final assembly line in India
Currently, the Airbus H125 helicopter is manufactured in France, the US, and Brazil, with a combined capacity of nearly 220 units. Read more
SIDBI to create $1 billion green financing fund with $215 million aid from GCF
The GCF, an entity established by the United Nations Framework Convention on Climate Change (UNFCCC), approved a $200 million loan and a $15.6 million grant for capacity building to support SIDBI’s initiative.Read more
Ramkrishna Forgings PAT rises 3% to Rs 810 million in Q1
Additionally, the board of directors approved the acquisition of Resortes Libertad, S.A. DE C.V. in Mexico.Read more
MSMEs' contribution to the GDP
As on 16.07.2024, the total employment reported by the MSMEs on the Udyam Registration Portal (since 01.07.2020 to 16.07.2024) is 203.9 million(including informal micro enterprises registered on Udyam Assist Platform).Read more
JRS Pharma partner with Gujarat Microwax for cotton-based croscarmellose sodium plant
This manufacturing plant, is located in Mehsana and marks their fourth manufacturing facility in India.Read more