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7 startups chosen by GoI for aerospace and defence sectors
The DRDO, under the Ministry of Defence, emphasised that these projects are a significant step towards self-reliance in defence technologies and will foster innovation among Indian startups.Read more
Decarbonising seven key MSME sectors could save Rs 370 million yearly
The study was conducted by the Centre for Study of Science, Technology and Policy (CSTEP).Read more
Govt to extend easy visa rules to all companies in PLI sectors
The PLI scheme covers sectors such as mobile phones, drones, white goods, telecom, textiles, automobiles, and pharmaceutical drugs.Read more
Under PLI scheme at least six of eight sectors to switch to quarterly disbursals
DPIIT is planning to hold the next stakeholder review after the budget announcement for 2024-25.Read more
Daisuke Murata appointed as MD for Toshiba JSW
Toshiba JSW offers high efficiency equipment and service to existing power plants which can help in reduction of CO2 emissions and keeping high availability. Read more
Ecofy & Luminous Power Technologies to increase mass solar energy adoption
The vast availability of subsidies, coupled with the rapidly declining costs of solar panels; the market is presented with a moment to capitalise on the benefits of rooftop solar installations.Read more
India witnessed $29.6 billion in private equity investments
The investment distribution in 2023 saw a notable shift with traditional sectors such as manufacturing, healthcare, and energy, accounting for about 75 % of the total investments, up from around 60 % in 2022.Read more
TN secures billion in investments sectors at Global Investors Meet
Agreements were signed, including a significant investment of Rs 16,000 crore from Vietnamese electric vehicle player VinFast, earmarked for establishing an EV manufacturing facility in the southern district of Thoothukudi.Read more
Adding new dimension to manufacturing
When the Indian Space Research Organisation (ISRO) was looking to procure spacecraft’s grid-fins for its Gaganyaan mission, India’s first human space mission that is scheduled for a launch in 2024, it turned to a Bengaluru-based aerospace component maker that uses additive manufacturing (3D printing) technology. Read more
Govt halts expansion of PLI Scheme, focusing on strengthening existing sectors
It is anticipated that a decision on enlarging the list of sectors eligible for incentives to bolster domestic manufacturing capabilities will be deferred until the formation of a new central government next year.Read more
