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PPDS to expand global manufacturing operations to India
This development, celebrated at a special opening event on 21 June 2024, is the latest example of PPDS’ global ‘local for local’ strategy, aligned with the Government of India’s ‘Make in India’ initiative.Read more
Tata Motors and NVS’ ‘Automotive Skill Labs’ train over 4000 students annually
Till date, 25 labs, fully equipped with essential tools, have been set up across select JNVs in Maharashtra, Karnataka, Gujarat, Jharkhand, West Bengal, Uttar Pradesh, and Uttarakhand.Read more
EV industry wants incentives and tax rationalisation from budget
India's EV industry is hoping for the introduction of the FAME- III scheme, allocation of funds for public charging infrastructure, incentives for localising components, and a reduction in GST on EVs.Read more
Shibaura Machine India opens Rs 2.25 billion injection moulding machine facility
Over the next 3-4 years, SMI expects to create new jobs and develop approximately 50 MSME vendors to support the expansion.Read more
TRSL to exploit export market amidst China Plus One; expand global reach
A team from Titagarh has been exploring business opportunities in South and Southeast Asia, West Asia, Africa, the US, and South America.Read more
ABB India funds educational programs in 148 Karnataka government schools
These initiatives, launched in 2022, have successfully raised awareness levels among students, bridging the aspiration gap in key scientific concepts. Read more
EV startup River to open Rs 10 billion manufacturing facility in Telangana
The company has already invested about Rs 2.5 billion in its R&D facility and leased factory in Bengaluru, which has a capacity of 100,000 units per year.Read more
Govt expected to relax 45-day payment rule for MSMEs in upcoming Budget
MSMEs have raised concerns that this provision could lead large buyers to avoid MSME suppliers, opting instead for non-MSMEs or those not registered with Udyam. Read more
Zebra Technologies display solutions at India Warehousing Show 2024
Zebra also showcased other key warehousing solutions, including the FXR90 ultra-rugged fixed RFID readers and ZS300 electronic sensors. Read more
MSME bodies ask RBI to extend threshold period for SMA-2 stressed loan accounts
MSME borrowers cannot utilise existing credit lines to pay dues when their accounts are classified under the SMA category, hindering their recovery efforts.Read more