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Govt approves Rs 2.46 billion PLI incentive for M&M, Tata Motors
The PLI scheme, launched on September 15, 2021, is designed to strengthen India’s manufacturing capabilities in AAT products, improve cost competitiveness, and develop a robust supply chain. Read more
Architects of India’s industrial revolution
Architects of India’s industrial revolutionRead more
Tata Motors wins 1,297 bus chassis order from UPSRTC
The Tata LPO 1618 diesel bus chassis is developed specifically for intercity and long-distance travel. Read more
Isuzu doubles production, rolls out 100,000 vehicles in two years
Isuzu’s journey in India began in 2016 with the establishment of its Sri City facility.Read more
Scania India and PPS Motors inaugurate training facility in Chandrapur
Additionally, the centre employs innovative technology in mining and is supported by two technical trainers and one driver trainer, aiming to strengthen Scania India’s presence in India.Read more
How MSMEs will play a key role in the development of Indian manufacturing sector
Setting up a business in India is futuristic, makes a lot of sense, and, for foreign companies, connecting with the Indian MSME and helping it grow is a sure way to success, says R Jayaraman.Read more
Pricol Limited to acquire Sundaram Auto Components’ Injection Moulding business
The debt-free acquisition is being made through an all cash deal for an amount of Rs 2.15 billion and is subject to adjustments, if any, as defined in the agreement at the time of closing the deal.Read more
ABB India upgrades Faridabad plant to enhance sustainability efforts
The facility has diverted 99% of its waste away from landfill, aligning with the company's long-term sustainability targets of zero waste to landfill.Read more
Haier Group eyes Rs 10 billion JV with JSW Group
This potential collaboration follows a 2023 JV between JSW and Chinese automaker SAIC Motor, where JSW took a 35% stake in MG Motor India.Read more
Six industries drive over half of India’s formal manufacturing GVA: NSO
In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.Read more