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MAGIC selected for DPIIT's Startup India Manufacturing Incubator Initiative
This initiative aims to fuel innovation within India's manufacturing sector, creating new opportunities for manufacturing-focused startups.Read more
India's exports set to exceed $800 billion this fiscal year: A Sakthivel
He highlighted that the establishment of 12 new industrial cities would further stimulate domestic manufacturing, while the success of the Production-Linked Incentive (PLI) scheme has bolstered the manufacturing sector. Read more
EEPC targets $300 billion in exports by 2030; Shows vision for New India: Goyal
The Minister also acknowledged EEPC’s contributions across various sectors, including mobility, capital goods, and steel, noting that the council has been pivotal in building national engineering capabilities.Read more
Trump victory may boost prospects for Indian manufacturers and exporters
Market experts suggest Trump’s return could indirectly benefit Indian businesses in manufacturing and exports, particularly through factors like increased tariff restrictions on China and continued global supply chain shifts.Read more
Sterling Tools partners with GLVAC to boost EV component manufacturing in India
With an expected business impact of Rs 2.5 milllion by FY30, the venture involves an investment of around Rs 400 milllion to establish a new production facility in Bengaluru.Read more
Andhra cabinet approves policy to boost drone manufacturing
The government has allocated Rs 5 billion to support the policy’s implementation.Read more
Esaote to set up medical imaging manufacturing unit in Noida
The facility will produce a range of advanced ultrasound systems.Read more
Tata Electronics and Tokyo Electron to build India's first chip fab facility
These investments total Rs 910 billion and Rs 270 billion, respectively, aiming to serve global markets with semiconductors for automotive, mobile, AI, and other sectors.Read more
Kataria Industries buys Ratlam Wires' manufacturing unit for Rs 306 million
Kataria Industries specialises in producing low relaxation pre-stressed concrete (LRPC) strands and post-tensioning anchorage systems, primarily used in infrastructure, road, bridge, and power transmission projects.Read more
Apple shifts iPhone 17 manufacturing to India; Reduce reliance on China
While this change currently applies only to the standard iPhone 17 model, the premium iPhone 17 Pro, Pro Max, and rumored iPhone 17 Slim will continue their NPI processes in China.Read more