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Cabinet approves Vigyan Dhara scheme to boost bio-manufacturing in India
The policy aims to enhance regenerative bio-economy models, promote green growth, and expand India's skilled workforce, thereby boosting job creation.Read more
Maximising safety in food production with efficient signal tower
Sesotec’s X-ray inspection devices reliably detect foreign bodies in food products. These X-ray scanners ensure maximum safety in food production thanks to the eSIGN LED signal tower.Read more
Rohde & Schwarz develops industry’s first ASIC-based zone triggering oscilloscope
Rohde & Schwarz further strengthens its oscilloscope portfolio by introducing the industry’s first ASIC-based zone triggering. It is up to 10,000 faster than competitive zone triggering offerings. Read more
Scimplify secures $9.5 million in Series A funding led by Omnivore
Founded in 2023 by Salil Srivastava and Sachin Santhosh, Scimplify operates as a business-to-business (B2B) platform that manages the end-to-end sourcing and manufacturing of specialty chemicals.Read more
MoPSW to develop new shipbuilding scheme to incentivise Indian shipyards till 2035
Additionally, global cruise giant MSC Cruises has shown interest in deploying ships for domestic routes in India. Read more
Wipro Hydraulics acquires US-based Columbus Hydraulics
Established in 1952, Columbus has built a reputation in the industry, delivering custom hydraulic solutions for a variety of applications including agriculture, construction, turf maintenance and marine applications.Read more
SC decrees banks must follow procedure before classifying MSME loans as NPAs
The ruling was based on the 2015 notification by the Ministry of MSME, which established a framework for the revival and rehabilitation of MSMEs.Read more
Indian MCE industry reports 5% Y-o-Y growth in Q1 FY2025: ICRA
Road construction drives 35-45% of MCE sales in India followed by mining (20-30% share), real estate (10-20%), and othersRead more
Thermax scouts for a new green hydrogen partner
This is because a planned venture with Australian green energy firm Fortescue Future Industries (FFI) to develop green hydrogen projects in India did not materialise. Read more
Made-in-India Yamaha Ray ZR 125 sees success in Europe
The model has shipped around 13,400 units between the January to July period in 27 European countries.Read more