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India poised to become the global drone hub; Says EY-FICCI report
Experts agree that India can reduce global reliance on Chinese drones, particularly as developed economies adopt the China Plus One strategy. Read more
India unveils Rs 250 billion plan for electronics components manufacturing
The scheme will adopt a different incentive structure, as components and subassemblies are capital-intensive, unlike smartphones where smaller investments are required for larger manufacturing operations. Read more
Bureau of Indian Standards celebrates 78th Foundation Day
More than 23,500 standards have been enforced in every sector from bags to machines and engineering to medical goods, Shri Joshi said. Read more
Titagarh Rail Systems delivers driverless Made-in-India trainset to Namma Metro
Titagarh will deliver two more trainsets to the Yellow Line by April this year. Read more
Rane and ZF create JV to introduce rack drive electric power steering to India
Rane Group already shares over 35 years of a strong relationship with the ZF Group. Read more
Waaree begins trial production at Gujarat solar cell manufacturing facility
At 5.4 GW capacity, the plant attains the position as India’s largest advanced solar cell manufacturing facility.Read more
Indian defence industry to grow around 20% from FY24-FY29: CareEdge
India’s defence exports include a diverse array of products such as aircraft, naval systems, missile technology, and military hardware.Read more
Altair India sign MoU with CAAR to advance automotive sector
CAAR provides world-class technologies and facilities to the automotive industry, advises on policy, and develops human capital. Read more
Govt approves Rs 2.46 billion PLI incentive for M&M, Tata Motors
The PLI scheme, launched on September 15, 2021, is designed to strengthen India’s manufacturing capabilities in AAT products, improve cost competitiveness, and develop a robust supply chain. Read more
IIT Bombay startup Manastu Space tests green propulsion system in space
The green propulsion system is a non-toxic, environmentally friendly alternative to conventional chemical propulsion systems, designed to reduce environmental and health impacts associated with traditional space propulsion technologies.Read more