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TN secures billion in investments sectors at Global Investors Meet
Agreements were signed, including a significant investment of Rs 16,000 crore from Vietnamese electric vehicle player VinFast, earmarked for establishing an EV manufacturing facility in the southern district of Thoothukudi.Read more
Adding new dimension to manufacturing
When the Indian Space Research Organisation (ISRO) was looking to procure spacecraft’s grid-fins for its Gaganyaan mission, India’s first human space mission that is scheduled for a launch in 2024, it turned to a Bengaluru-based aerospace component maker that uses additive manufacturing (3D printing) technology. Read more
Govt halts expansion of PLI Scheme, focusing on strengthening existing sectors
It is anticipated that a decision on enlarging the list of sectors eligible for incentives to bolster domestic manufacturing capabilities will be deferred until the formation of a new central government next year.Read more
India identifies key sectors for global manufacturing dominance
Officials have revealed that India is on the brink of identifying approximately a dozen sectors poised to establish the country as a global manufacturing powerhouse.Read more
Zetwerk unveils Rs 1000 cr investment plan to expand consumer electronics manufacturing
The company aims to focus on various aspects of EV technology, including battery management systems, battery packs, power drainage solutions, and associated electronic components.Read more
Experts converge at Indian Industry Bodies Meeting on Quality Infrastructure by NABCB
Meeting held on October 13, 2023, highlighted crucial aspects of challenges and future needs for Quality Infrastructure among various industries including Electronics, IT, Telecom, and Engineering & Capital Goods Sectors.Read more
India to offer $2.2 bn incentives for manufacturing growth in six sectors
This initiative forms part of India's 1.97-trillion-rupee production-linked incentive scheme (PLI), which was inaugurated in 2020. Among the six sectors poised to join the PLI scheme are toys, bicycles, leather, and footwearRead more
Govt plans PLI Scheme updates, boosting sectors like pharma, drones, textiles
Additionally, the official disclosed that the disbursement of PLI incentives for white goods, including air conditioners and LED lights, is set to commence this month.Read more
Green Hydrogen: A game-changer in the clean energy landscape
Global collaboration on the production and supply of green hydrogen is expected to be a key topic at the G-20 summit in New Delhi this week.Read more
ONDC initiative boosts four key sectors: Deloitte report
Open Network for Digital Commerce (ONDC) is an initiative spearheaded by the Ministry of Commerce and Industry with the aim of establishing a supportive framework to empower small retailers in leveraging digital commerce.Read more
