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Yokogawa and Hirotsu Bio Science ink investment & partnership pact
The two companies are also aiming to develop new automatic analysis equipment.Read more
Proposed Indian Ports Bill, 2020 aims to attract investments and boost economic activity
Formulation of specialised tribunals, affordable grievance redressal mechanism and a dedicated tribunal to curb any anti-competitive practises in the port sector are some key reforms to empower exporters in the long run. Read more
India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India
While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more
Rs 100 trillion infrastructure investment at risk due to shortage of skilled welding professionals: IIW
According to the Indian Institute of Welding (IIW), the current shortage of 1.2 mn welding professionals (including welders, cutters, fitters, equipment operators, etc) may balloon to 1.35 mn in the next 3 yearsRead more
Lodha and ESR JV to develop state-of-the-art Industrial Park in Palava City
ESR-Lodha Industrial Park at Palava City will be developed in three phases, with completion expected in 30-36 months.Read more
“New investments are expected to sustain the new changeâ€Â
With the advent of the ‘smart’ era, it is now the turn of smart machines, smart manufacturing and smart factory. The aim is to almost fully computerise the manufacturing industry without much dependency on human involvement, informs Shyamal Ram, Senior Manager Sales, Jyoti CNC Automation LtdRead more
Switchgear maker Salzer Electronics buys 72% stake in Kaycee Industries
Acquisition will strengthen Salzer's position in the industrial switchgear market and expand its footprint in railway business & manufacturing set up in western IndiaRead more
Casting industry: An investment that is worth
The Indian foundry industry has a turnover of about $19 billion with 60 per cent demand for the casting production coming from the automobile sectorRead more
ReNew Power secures OPIC debt funding of $350m
ReNew Power Limited has secured fresh debt financing of up to $350 million from the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution.Read more
Maharashtra refinery attracts biggest overseas investment from Saudi Aramco
Saudi Aramco will pick up 50% stake in the planned integrated mega refinery and petrochemicals complex, being built with an investment of $ 44 billion at Ratnagiri.Read more