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Re Sustainability and Sharrp Ventures launch plastics circularity initiative

By capturing and processing 32,000 tonnes of waste and reducing 15,000 tonnes of CO2 emissions annually, this project aims to produce over 9,000 tonnes of superior recycled polymers each year, providing a reliable supply of these materials for various FMCG and other applications. Read more

CSI launches India operations to decarbonize India's auto sector by 2070

The report highlights that OEMs will need to invest approximately $ 323 billion to develop electric vehicles (EVs) alongside existing technologies.Read more

All India Steel Bottles Association praises GOI initiative for stainless steel bottles on BIS certification

To facilitate this, BIS is offering faster approvals, licenses, and discounts for manufacturers setting up units within India, differentiating products based on their place of manufacture. 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

Skoda-VW hits 1.5 million production mark in India

In addition to its vehicle manufacturing success, SAVWIPL's Engine Shop produced over 380,000 engines to date in the last ten years. These engines rely heavily on components sourced within India.Read more

India Inc. drives EV innovation for World Environment Day

World Environment Day is hosted on June 5.Read more

India to build small arms manufacturing unit in Sri Lanka; defence collaboration

Sri Lanka could benefit from studying the Indian model and expressed interest in exploring Sri Lanka's own manufacturing capabilities in the defense sector, echoing the sentiment of drawing lessons from India's experience.Read more

India’s L&T subsidiary opens valve manufacturing unit in Saudi Arabia

This strategic move is impeccably aligned with the objectives outlined in the Saudi Vision 2030 and the In-Kingdom Total Value Add (iktva) initiative, actively fostering the creation of a local value chain and facilitating the development of skill enhancement programs.Read more

Demand for warehouse automation boosts amid 'Make in India' push

Economic growth boosts demand for logistics in India, with 13.5 million sq ft leased in Jan-Mar 2024. Tier-I cities saw a 25% increase, Tier II and III cities 20%. Read more

India to become landfill for Chinese products amid US Beijing tariff war; GTRI

These tariffs include a 100% duty on electric vehicles, a 50% duty on semiconductors, and a 25% duty each on electric vehicle batteries originating from China.Read more

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