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MIC Electronics achieves milestone with PAPIS product line approval

The annual addressable market for PAPIS is estimated at approximately Rs 10 billion, with MIC aiming to generate Rs 500-750 million in revenue in the upcoming fiscal year. Read more

Calcom Associates with HPL to manufacture LED lighting range products

The company will manufacture various LED lighting products for HPL at its 15,000 sq. meter facility in Greater Noida. Read more

Switzerland green lights historic India-EFTA trade agreement

Signed in March, this comprehensive agreement is designed to enhance trade in pharmaceuticals, manufacturing, and emerging technologies, with a projected investment of $100 billion in India over the next 15 years.Read more

Cabinet green lights Rs 33 billion semiconductor unit by Kaynes Semicon

The new facility will have a production capacity of 6 million chips per day, catering to diverse industries such as automotive, electric vehicles, consumer electronics, telecom, and mobile phones. Read more

Govt reopens application window for PLI scheme for AC & LED light manufacturing

This application period will run from July 15, 2024, to October 12, 2024, in response to increased industry interest.Read more

Temasek in talks to buy Rs 9 billion stake in medical equipment firm Tynor

The person further said that Temasek has bid for an up to 30-35% stake in the company for $100-120 million.Read more

HAL receives light combat helicopter order; boosting ‘Make in India’

The revenue from operations increased 18.36% YoY to Rs 147.88 billion during the quarter. Read more

CEAT excelling manufacturing with IR4 technologies

The company, the only tyre manufacturer in the world to receive Lighthouse certification for its plant, embarked on Industry 4.0 journey in 2020. Here Rakesh Rao explains how CEAT has been able to improve operational efficiencies through digital technologies.Read more

Finolex Cables to invest Rs 580 crore to expand optic fibre cables capacity

This expansion in Maharashtra encompasses the installation of fibre draw towers and the implementation of backward integration for the production of glass preforms, crucial in the fibre drawing process.Read more

Panasonic expands its lighting business with launch of its new facility in Daman

With investment of Rs 15 million the new facility will enable in-house manufacturing with Japanese technology ensuing quality production.Read more

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