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DGFT asks export bodies for inputs on efficacy of interest equalisation scheme
The study is to help the department assess the key gaps and make necessary recommendations to ensure seamless facilitation of trade finance in India.Read more
INOXAP enter a 20-year agreement to supply green hydrogen to Asahi India Glass
As a part of the agreement, AIS will invest in the solar power plant, which would supply renewable energy for the generation of green hydrogen, which would be consumed in AIS’s float glass manufacturing process.Read more
JSW Steel first Indian company to launch indigenous coated steel
It finds several applications, including steel structures in solar installations, silos, guard rails, and AC parts, which require a high level of protection against corrosion.Read more
Wipro to exit PC manufacturing business; focus on IT solutions
Wipro manufactures personal computers, including desktops and laptops, as part of information technology (IT) services contracts with various companies and government agencies in India. Read more
Skoda-VW hits 1.5 million production mark in India
In addition to its vehicle manufacturing success, SAVWIPL's Engine Shop produced over 380,000 engines to date in the last ten years. These engines rely heavily on components sourced within India.Read more
India witnessed $29.6 billion in private equity investments
The investment distribution in 2023 saw a notable shift with traditional sectors such as manufacturing, healthcare, and energy, accounting for about 75 % of the total investments, up from around 60 % in 2022.Read more
Display manufacturing needs more attention; ICEA
For India, display manufacturing presents a unique opportunity to attract international companies seeking to diversify their display supply chains beyond certain geographies. 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
Robotics firm DiFACTO raises Rs 400 million in funding from Stakeboat Capital
DiFACTO has three factories in Bengaluru, branches in Pune and Gurgaon, and a wholly-owned subsidiary in Michigan, USA. Read more
China imposes control on aviation & aerospace exports; national security concern
It said the export controls would apply to aircraft and aerospace engines and structural parts, engine manufacturing related equipment, software and technology. Read more