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India’s pharma sector likely to double post US Biosecure Act
At present, China’s CDMO industry commands 8% global market share compared to India’s 2.7%. Read more
80% of Indian steel producers use ‘Made-in-India’ on products to boost global status
This rollout began on November 4, 2023, with major players like RINL, JSPL, and TATA Steel Ltd already covering 100% of their product ranges.Read more
ASMI submachine gun from Hyderabad's Lokesh Machines Ltd. used for army service
The National Security Guard (NSG) and the Assam Rifles have received pilot lots of the ASMI and have expressed interest in further deployment, while the Border Security Force (BSF) has placed a pilot order for four guns.Read more
Increased scrutiny by US FDA: A boon or bane Indian pharmaceutical sector
Even with the surge in USFDA-approved manufacturing sites in India, the proportion of Official Action Initiated (OAI) observations by the USFDA has stayed consistent at 10% of total inspections in CY23. Read more
Waaree Energies sends banned Chinese components in solar panels to US
Indian products accounted for 9.3% of US solar imports in the first 11 months of last year, up from 1.9% in all of 2022. Read more
Slow local demand & sluggish export growth heavily affect Chinese manufacturing
The US’ ‘decoupling’ with the Chinese supply chain is having notable impacts on China’s manufacturing industry, as some related companies are relocating or duplicating supply chains outside of China.Read more
TFS launches ‘Make in India’ air quality monitoring system analysers
Designed to provide accurate data on air pollutants and gases, the AQMS analysers play a crucial role in monitoring and regulating industrial emissions, contributing to the government’s efforts in curbing air pollution.Read more
Havells India to invest Rs 10 billion in FY25; US & production expansion
Currently, the brand is focusing on emerging channels such as modern format retail or regional retail (MFR/RR), CPC/CSD canteens, e-commerce, and quick commerceRead more
US-Based GS Precision & Jeh Aerospace to make aero-engine parts in Hyderabad
This partnership also capitalises on India's robust talent pool and reinforces the concept of ‘friendshoring’ critical components within the United States aerospace industry.Read more
ELGi rolls out EG PM oil-lubricated screw compressors to reduce energy usage
The system's direct coupling ensures optimised motor and airend speeds, facilitating synchronous operation and peak performance, especially beneficial in variable speed applications.Read more