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Odisha approves procurement policy to boost small manufacturing enterprises
This new policy aims to enhance the business activities of 'Odisha Small Manufacturing Enterprises' by favoring the procurement of their manufactured goods by State Government establishments.Read more
GTRI urges govt to maintain import duties on smartphone components
The think tank suggested that maintaining the current import tariffs, ranging from 7.5 to 10% on imported smartphone parts, is essential for balancing industry growth and ensuring long-term development.Read more
Jeh aerospace unveils aerospace manufacturing hub in Hyderabad
Spanning an impressive 160,000 square feet, this facility is geared towards providing advanced manufacturing solutions to the aerospace and defence sector.Read more
JSW's $4.81 bn investment powers up India's EV Manufacturing Hub in Odisha
JSW Group plans to allocate 250 billion rupees for an EV battery manufacturing plant and an EV components plant in the initial two phases of its investment strategy.Read more
Foxconn partners with Indian Universities for mandarin-language education initiative
The MOU involves collaborations with Shiv Nadar University, VEL TECH, Assam Don Bosco University, and Karpagam Academy of Higher Education, facilitated with the support of the Taipei Economic and Cultural Center (TECC).Read more
Delta Electronics, Ceres Power join forces to advance hydrogen energy solutions
As part of the agreement, Delta will gain access to Ceres' Hydrogen energy stack technology portfolio through technology transfer and licensing, involving an investment of approximately GBP43 million.Read more
AiMeD urges govt action to curb soaring Medical Device Import Bill
Despite support from the Department of Pharma in the previous year, the Medical Devices Industry Proposal for Union Budget 2023-24 was overlooked, according to AiMeD.Read more
Mitsubishi Electric boosts AI-Driven manufacturing with strategic stake in HACARUS
The collaboration will harness HACARUS' AI expertise to reinforce Mitsubishi Electric's efforts in creating integrated, automated AI-based visual inspection solutions.Read more
Hyundai Motor India expands production capacity with Talegaon plant acquisition
The signing of a Memorandum of Understanding (MoU) between Hyundai Motor India and the Government of Maharashtra marks a significant step in expanding the cumulative production capacity to 1 million annual units.Read more
Schaeffler is committed to achieving its carbon neutrality target by 2040
In this interview with Rakesh Rao, Seshan Iyer, President - Industrial Business, Schaeffler India Ltd, explains the importance of green engineering & manufacturing practices for India to gain competitive edge in the global marketplace.Read more