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Cummins India inaugurates global competency IT centre in Pune
The centre aims to harness talent in software engineering and emerging digital technologies like Artificial Intelligence (AI), Machine Learning (ML), and Robotic Process Automation (RPA).Read more
Nothing joins ‘Make in India’ movement with CMF Phone 1 India manufacturing
The goal is to deliver high-quality products while supporting the local economy and creating job opportunities.Read more
India aims for $100 billion FDI annually; to attract China interested investors
Giants like Apple and Samsung Electronics have increased their manufacturing presence in India, leveraging incentives provided by Prime Minister Narendra Modi's administration.Read more
Vizhinjam Port to lessen time and costs by 40% for Indian manufacturers
The port, equipped with advanced facilities, including automated operations and modern infrastructure, aims to efficiently handle large ships. Read more
PPDS to expand global manufacturing operations to India
This development, celebrated at a special opening event on 21 June 2024, is the latest example of PPDS’ global ‘local for local’ strategy, aligned with the Government of India’s ‘Make in India’ initiative.Read more
Lip-Bu Tan to be advisor for Yali Capital; India’s first deep-tech venture fund
The next step for India should be to design and build its own products and create its own homegrown semiconductor brand.Read more
Poly Medicure calls for import substitution in upcoming Budget; Himanshu Baid
Currently around 70% of medical devices and equipment worth nearly Rs 500 billion used in India are imported. The current duty structure for these imports ranges from 7.5% to 10%.Read more
Air Liquide India builds Rs 3.5 billion manufacturing facility in Mathura
Air Liquide India is a significant supplier of industrial gases to hospitals and various industries from its production facilities located in northern and western regions of India. Read more
India’s defence exports rise 14 times from FY16 to over Rs 210 billion
Initiatives such as ‘Make in India’ and ‘Atmanirbhar Bharat’ have fostered a robust defence manufacturing ecosystem. Read more
Return on equity of Indian manufacturing hits 10-year low; Citi
RoE, or return on equity, measures net profit as a percentage of net worth, indicating a firm's profitability and efficiency in using shareholder funds. Read more