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Defence Ministry’s import embargo to open up Rs 4,000 bn opportunity for domestic industry

The list of 101 embargoed items comprises of not just simple parts but also some high technology weapon systems. Of these, items worth almost Rs 1,300 bn each are anticipated for the Army and the Air Force while items worth almost Rs 1,400 bn are anticipated by the Navy. Read more

Beckhoff Automation’s Dr Karl Weber to represent German Federal Ministry in top-level IEEE committee

The committee advises the IEEE Standards Association (IEEE SA) and enables governments from all over the world to access and participate in the standardisation processes of the IEEE.Read more

Contractor of smart metering project in J&K drops Chinese supplier on REC arm’s directives

This follows an order, issued by Ministry of Power on July 2, 2020, mandating prior permission of GoI for any import of equipment/ components/parts from “prior reference” countries along with testing of the same in certified and designated laboratories.Read more

Government may consider duty hike on RE imports

This hike is expected to reduce dependence on imports from China and develop components locally.Read more

IMTMA supports Indian machine tools for MSME tool rooms

Recently, for tenders - floated by MSME Ministry for acquiring CNC machines, measuring instruments and accessories - none of the Indian machines were selected. Now, IMTMA has requested the government to reconsider offers submitted by Indian manufacturers.Read more

Govt launches Udyam Registration portal for MSME registration

The portal, launched by MSME Ministry on July 1, 2020, guides the entrepreneurs step by step as to what they should know, what they should doRead more

Govt proposes deferring BS-VI norms for construction equipment

Due to the Covid 19 outbreak in the country, the transport ministry has floated a draft document for postponement of BS VI norms to March 31, 2021. postpones BS-VI norms, Covid 19 outbreakRead more

After MHA’s Guidelines, how to restart business in different states?

With Covid 19 pandemic reaching 'community transmission stage' in India, the key challenge before state/UT governments will be reviving economy by adhering to the stringent guidelinesRead more

Ministry suggest increase in credit guarantee for MSMEs to Rs 5000 bn

MSME Minister Nitin Gadkari urge industry to look upon the present crisis as opportunity especially as some countries are looking to move away their investments from China.Read more

Will the new Labour Code make industries safer?

According to data from the Labour and Employment Ministry, 3,562 workers died in factory accidents across India between 2014 and 2016, and more than 51,000 were injured in that period.Read more

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