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India records 54% jump in engineering goods exports in 9M 2021-22

Thanks to the Zero duty Export Promotion Capital Goods (EPCG) scheme, exports of India’s engineering goods jumped to $ 81.8 billion during April-December 2021 (Provisional) as compared to $ 52.9 billion during same period in the previous year (2020), registering a stupendous growth of 54%, said the Union Ministry of Commerce & Industry in a press release. Engineering goods sector constitutes the largest, more than 27%, share of India’s total exports basket during the period.Read more

India’s engineering goods exports up 54% in 9M of 2021-22

Engineering goods sector - which constitutes the largest (more than 27%) share of India’s total exports basket - recorded exports of $ 81.8 billion during April-December 2021 as compared to $ 52.9 billion during the first nine months (9M) of 2019-20.Read more

TÃœV SÃœD to open testing lab in Bengaluru for medical devices, electronic goods

With this new lab, TÃœV SÃœD will be able to offer a one-stop testing and certification solution for most electrical and electronic products & medical devices for national and international marketsRead more

Godrej & Boyce partners with DRDO to manufacture oxygen generators

Godrej Precision Engineering to use DRDO Technology to manufacture and supply Medical Oxygen Generator units. First batch of Medical Oxygen Generators deployed in hospitals across Uttar Pradesh, Uttarakhand and Madhya PradeshRead more

Bonfiglioli donates Rs. 28 million to fight Covid-19 in Chennai and Pune

Bonfiglioli donated Rs. 28 million worth of Covid-19 Medical Equipment and Essentials to Government Hospitals in Chennai and Pune.Read more

Mahindra’s ‘Oxygen on Wheels’ initiative to connect oxygen producers with users

Mahindra has pressed into service 100 vehicles to overcome the transportation bottleneck with safe and quick transportation to deliver oxygen cylinders ‘on demand’ Read more

Steel Sector produces 3474 MT of Liquid Medical Oxygen on April 24

All out efforts being made to enhance production of LMO and for dispensing the same.Read more

PLI scheme for bulk drugs and medical devices receives 243 applications

Production Linked Incentive (PLI) Scheme for bulk drugs and medical devices, which closed on 30 November 2020, received 215 and 28 applications from manufacturers of bulk drugs and medical devices respectivelyRead more

Flexible packaging and medical are biggest drivers

With the plastic industry taking a hit last year due to restrictions over the single-use plastic citing a threat environment, Satish Godase, Director, Nu-Vu Conair believes that the plastic industry in India will grow. In this interaction with Pushkar Oak, Satish Godase discusses recent trends in plastic auxiliary equipment and industries that will drive demand for their products.Read more

Govt extends PLI Scheme to 10 new sectors with incentives of Rs 1460 bn

10 sectors eligible for Production-Linked Incentive (PLI) Scheme are ACC batteries, electronics/technology products, automobiles & auto components, pharmaceutical drugs, telecom & networking products, textile products, food products, solar PV modules, ACs & LED, and speciality steelRead more

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