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Ashok Leyland partners CVRDE to develop engine for combat vehicles

Ashok Leyland, flagship of the Hinduja group and the largest supplier of Mobility Solutions to the Indian Army, has partnered with Combat Vehicles Research and Development Establishment (CVRDE), a premier establishment of DRDO, to develop and manufacture 600hp indigenous engine to power futuristic combat vehicles under AtmaNirbhar Bharat. Read more

Capex cycle likely to be back, but...

According to The Economic Times report, listed Indian corporates reported record reserves and surplus of Rs 66.04 trillion as of March 31, 2021, up 17 per cent from Rs 56.48 trillion as of March 31, 2020.Read more

India’s GDP grows 1.6% in Q4 2020-21 aided by manufacturing push

For the entire financial year 2020-21, the GDP contracted 7.3 per cent — a record low. In January-March last year, the economy had grown 3 per cent.Read more

Time to invest and build capacity

As per the data released recently, the manufacturing and construction sectors grew by 1.6 per cent and 7.7 per cent, respectively, during the December quarter. However, core sector data showed growth in eight infrastructure sectors slowing down to 0.1 per cent in January from 0.2 per cent in the previous month.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

Enable MSMEs to fight competition

The clamour for boycott of Chinese goods in India is growing due to the heightened tension at the Galwan border in Ladakh where 20 Indian soldiers were killed in action on the night of July 15. Read more

Government reduces burden on companies with relaxations

Anurag Singh Thakur, Union Minister of State, Finance & Corporate Affairs, stated this in a written response to the Lok Sabha recently.Read more

Five key learnings from COVID 19 for Indian logistics sector

Logistics and supply chain sector, although active through-out the national lockdown, has suffered a series of challenges. Aditya Vazirani shares a few learnings that one needs to implement to be more prepared in the furture.Read more

Tata Motors resumes operations in a calibrated manner

The company has curated detailed guidelines for each location and conducted intensive training for maintaining social distancing at workplaces. Enhanced sanitisation measures are being implemented.Read more

After Vizag gas leak, govt issues guidelines for restarting manufacturing industries

NDMA has advised that all the responsible officers of the district will ensure the Industrial On-Site Disaster Management Plans are also in place for safe re-starting of the industries during & after Covid 19 lockdownRead more

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