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China faces plastic overcapacity; strains global trade relations
Some sectors of China's vast petrochemical industry are operating at half capacity as producers scale back.Read more
DGTR launches inquiry for dumping of Chinese guard rails following complaints
If the investigation confirms that dumping has harmed domestic manufacturers, the DGTR will recommend imposing anti-dumping duties on these imports. Read more
MoD signs 4 bn pact for 3 testing facilities in TN Defence Industrial Corridor
The DTIS provides up to 75% government funding as ‘Grant-in-Aid’, with the remaining 25% funded by the Special Purpose Vehicle (SPVs), comprising Indian private entities and State/Central Governments.Read more
RINL’s Vizag Steel struggling; needs financial aid
India aims to produce 300 million tonnes of steel annually, and increasing Vizag Steel’s output is seen as a vital contribution to this goal.Read more
NSDCI awards 140 BluPine Energy funded students technician training certificates
With a special focus on diversity and inclusion, 40% of upskilled students in these centres were women.Read more
India may gain from trade restrictions against China says IMF Chief Economist
The US and EU recently announced higher import duties on some Chinese products and FDI from China is already facing heightened scrutiny in several parts of the world.Read more
Fourth hot-blast stove from Primetals Tech ordered by SAIL for steel plant
Additional hot blast stove ensures the security of operations and enables existing stoves to be taken offline for repair without affecting site operationsRead more
PLI railway push for local manufacturing of components for Vande Bharat & LHB
The PLI scheme is for a three-year period, with projected incentives of Rs 10-15 billion.Read more
ABB’s PixelPaint chosen by Mahindra to deploy services at EV paint facility
M&M will be the first OEM in India to use PixelPaint technology for the painting of contrasting roofs and pillars. Read more
Welspun Specialty receives Rs 1.17 billion order from BHEL
The company will supply seamless stainless steel boiler tubes to NTPC Talcher thermal power project.Read more