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PLI scheme: Need for a course correction

The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more

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

CRISIL: PLI scheme to lead to capex of Rs 2.5-3 trn

Production Linked Incentive (PLI) scheme has been announced for 15 sectors, involving government incentives to the tune Rs 1.93 trillion. The nine sectors have an export potential of Rs 11 trillion.Read more

PMFME Scheme aims to build two lakh micro food processing enterprises

This scheme aims to provide financial, technical and business assistance for upgradation of existing micro food processing enterprises.Read more

APEDA and NSIC MoU to harness MSME export potential

The MoU also envisages ensuring sustainability and growth of MSMEs by addressing issues such as technology, skill, quality products and market access. Read more

Hindustan Coca-Cola offsets 76,500 T carbon emission using renewable energy

The milestone is in sync with the company’s plan to reduce its carbon emissions 25 per cent by 2030 from a 2015 base year (science-based target).Read more

ABB acquires Codian to enhance high-speed industrial robots

With this, ABB Robotics & Discrete Automation will accelerate its engagement in the growing field of delta robots. Strategic buy builds on industry-leading food and beverage, pharmaceutical and logistics portfolioRead more

Indian food processing equipment industry is still import dependent

The Indian food processing equipment and machinery industry mostly comprises small and marginal players. 85 per cent of the market share belongs to the small players while 8-9 per cent for the medium and only five per cent is with big players, according to a study by KPMGRead more

LAPP launches SKINTOP HYGIENIC NPT for food & beverages industry

SKINTOP HYGIENIC NPT cable gland can be used for filling systems in dairies or breweries, as well as in the chemical and pharmaceutical sectors.Read more

Klüberfood NH1 CX 4-220 ensures efficient lubrication in food machine chains

Working side by side with the food industry, Klüber Lubrication has developed a comprehensive line of NSF H1 registered lubricants designed to meet the industry’s extreme demandRead more

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