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Surface Modification Technologies aims for global expansion: Dr Umesh Mhatre
In this interview, Dr Umesh Mhatre, MD, Surface Modification Technologies Pvt Ltd, highlights his company’s contribution to the growth of manufacturing sector and plans for IMTEX 2025 exhibition. Read more
Modi Biotech expands ethanol production capacity with Rs 1 billion investment
The company's existing 130 KLD grain-based ethanol distillery, accompanied by a 5 MW captive power generation plant, has already established its presence in Raipur, Chhattisgarh. Modi Biotech has received an order of Rs 3 billion for 41,600 Kl of ethanol from various Oil Manufacturing Companies (OMCs).Read more
Russia open to manufacturing in India: Putin shows interest
Putin commended India's 'India-first' policy and lauded the Indian government's efforts in fostering stable conditions for economic growth.Read more
On a fast-track growth
On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more
India-Malaysia to strengthen cooperation in digitalisation, defense and AI
Currently, there are around 185,000 Indian nationals in Malaysia, including both skilled and unskilled workers. Read more
India is redefining its defence manufacturing identity
This trend underscores India’s strengthening role in the global manufacturing landscape, with the defence sector playing a pivotal role.Read more
PM Modi encourages boosting Indian manufacturing
Prime Minister Modi emphasised the importance of enhancing the quality of Indian products to ensure they meet global standards.Read more
Honeywell inks pact with Air India for APU aftermarket support
The APU is a critical piece of aircraft equipment that provides electrical power and air conditioning to a plane while it is on the ground. Read more
Lazard report suggests India is on track on becoming a global manufacturing hub
Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.Read more
Focus on incremental reforms
According to a recent report of DSP Mutual Fund, the manufacturing sector's contribution to India's GDP is anticipated to rise from 14 per cent in FY24 to 21 per cent by FY34, bolstered by lower logistics costs and improved infrastructure. Read more