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Optiemus Electronics partners with Wistron for making electronic products
OEL will invest Rs 13.5 billion in the next three to five years to increase its plants capacity. It intends to reach revenues of Rs 380 billion within the next three to five years in multiple product segments.Read more
Lubrizol partners Prince Pipes for Corzan CPVC material and piping
The collaboration expands the portfolio and offers sustainable products for industrial piping systems in India. Corzan CPVC will be available across India through Prince Pipes and Fittings Ltd starting September 2021.Read more
Steelbird International forays into automotive lubricants including engine oil
Steelbird sees huge potential in the Indian market for two wheelers.Read more
Niti Aayog CEO says Indian companies must become globally competitive
Amitabh Kant, CEO, Niti Aayog urged Indian companies to become globally competitive instead of promoting protectionism and complaining about imports via Free Trade Agreements (FTAs).Read more
IPF Video Roundtable: How to increase machine tools productivity?
Industrial Products Finder (IPF), along with Gates Corporation, hosted a video Roundtable - titled “How to increase machine tools productivity?†to track trends in end-user industries and emerging opportunities for machine tool makers. Rakesh Rao reports...Read more
DST calls startups to develop innovative products to tackle Covid 19 second wave
The eligible startups & companies will be funded under a new initiative – NIDHI4COVID 2.0.Read more
Rs 180 bn PLI Scheme for battery making to bring down EV cost
The implementation of the PLI Scheme 'National Programme on Advanced Chemistry Cell Battery Storage’ will bring down the cost of electric vehicles and boost green growth.Read more
Maruti Suzuki adds 3 new startups to MAIL programme
With this new addition, MSI has now engaged 17 startups in 2 years.Read more
Government implements major reforms to boost domestic manufacturing
These reforms are aimed at enhancing exports.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