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FDI in manufacturing increases by 76% due to PLI Schemes

PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.Read more

India sees first flight powered by a blend of Sustainable Aviation Fuel

Hardeep Singh Puri, Union Minister, MoPNG receives first commercial flight in India powered by indigenous sustainable aviation fuel, at New Delhi on May 19, 2023. AirAsia India flight i5-767 departed from Pune to New Delhi using the SAF.Read more

IPF’s 3i EXPO webinar discusses shop floors of the future

Industrial Products Finder (IPF) hosted a virtual panel discussion on the topic of Shopfloor of the Future' as part of the 3i EXPO 2023 webinar series. The session discussed the changing shopfloor of manufacturing sector leading to change in operations and investments of the companies in the coming future.Read more

Andhra Pradesh receives Rs 13 lakh cr investment during the Global Investor Summit

Andhra Pradesh Global Investors Summit held in Visakhapatnam on March 3 and 4, is likely to create over 6 lakh jobs in Andhra Pradesh across 20 sectors with 340 investment proposals at the event. Investments announced covers in steel, energy, cement, airport, healthcare, and manufacturing sectors to enable AP to contribute to India’s growth as fastest-growing states.Read more

ONDC will democratise and revolutionise digital commerce in India

In this interview with Rakesh Rao, T Koshy, MD & CEO, Open Network for Digital Commerce (ONDC), elaborates on the roadmap for ONDC and how it will change the digital commerce landscape in India (and probably globally).Read more

Terex India showcased latest products at Bauma CONEXPO INDIA

Terex India, a global manufacturer of materials processing and lifting machinery unveiled eight new products for the Indian market at Bauma Conexpo India, Delhi. Minister of Road Transport and Highways, Nitin Gadkari inaugurated the electric driven Finlay 690i at the event on February 8.Read more

The way forward for Indian chemical industry

It is believed that the 2020s mark the beginning of an Indian decade in the chemical sector, especially in speciality chemicals. Sharing his “Vision 2025”, Mihir V Shah writes, India is today on the cusp of a multi-decadal opportunity to emerge as a global hub for chemical manufacturing.Read more

Union Minister inaugurates, ‘Towards Panchamrit’ to promote clean fuel

Minister for Heavy Industries Mahendra Nath Pandey inaugurated ‘Towards Panchamrit’—a conference and exposition on MHI schemes, with the view to promote clean energy fuel usage emphasising on five fuels, Hydrogen, Ethanol, Bio Diesel, Gas and Electric Vehicles.Read more

Budget 2023: The manufacturing fine print

Global commodity supply continued to be disrupted due to intensified Russia-Ukraine war and re-emergence of Covid-19 in China. Read more

Budget 2023: Revving up manufacturing with duty revisions and capex boost

By allocating Rs 10 lakh crores for capital expenditure (which would be 3.3 per cent of GDP) and making minor changes in the basic custom duties, cesses and surcharges on some components, the budget aims to provide more opportunities for local manufacturing.Read more

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