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FDI inflow into domestic manufacturing sector expected to rise; MoF
As global economies aim to stabilise and grow, India's manufacturing sector stands to benefit from these developments, leveraging both domestic strengths and enhanced external support.Read more
Siemens to invest over Rs.10 billion to expand operations in India
The company aims to meet the growing demand in critical sectors such as industry, infrastructure, and power distribution by expanding two of its factories. This strategic move includes the establishment of a state-of-the-art metro train manufacturing facility in Aurangabad and the expansion of the Smart Infrastructure Operations in GoaRead more
India needs more domestic mobile phone manufacturers; ICEA chairman
Government policies have been instrumental in this growth, the unpredictability stemming from certain actions of enforcement agencies needs to be addressed.Read more
India needs 115 million manufacturing and service jobs by 2030; Natixis SA
India faces the challenge of creating 115 million jobs by 2030 to accommodate both underutilised existing labour and the incoming workforce, as reported by a source. Read more
Wabtec Corp seeks $30 million exports with India operations
The company is expected to deliver all 1,000 locomotives by 2027-28. Read more
Epsilon Carbon awarded SA8000 certification for social accountability commitment
Epsilon Carbon is the first Indian carbon black manufacturer to be awarded the SA8000 certification.Read more
Zoho plans $700 million foray into chip manufacturing; compound semiconductors
Semiconductors occupy a pivotal position in India's economic agenda, with the government implementing a $10 billion package to fortify the industry's capabilities, positioning the nation to rival established players like Taiwan in the coming years.Read more
India to build small arms manufacturing unit in Sri Lanka; defence collaboration
Sri Lanka could benefit from studying the Indian model and expressed interest in exploring Sri Lanka's own manufacturing capabilities in the defense sector, echoing the sentiment of drawing lessons from India's experience.Read more
India’s L&T subsidiary opens valve manufacturing unit in Saudi Arabia
This strategic move is impeccably aligned with the objectives outlined in the Saudi Vision 2030 and the In-Kingdom Total Value Add (iktva) initiative, actively fostering the creation of a local value chain and facilitating the development of skill enhancement programs.Read more
Global semiconductors battle deepens between EU & US; $81 billion subsidy surge
The surge in semiconductor spending stems from mounting concerns over China's rapid technological advancements, particularly in key electronic sectors. Read more