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Piyush Goel: Startups are new champions of Aatmanirbhar Bharat
The minister said that the government is ready to act as an ‘Enabler rather than Regulator’. Read more
Dr VK Saraswat: Indian production system should be design-oriented
The FICCI-EFESO Consulting (India) Survey on Manufacturing Excellence was also released during the event. Read more
Government extends Credit Guarantee Scheme for Subordinate Debt till Sept 30
This move is aimed at keeping avenues of assistance open to the stressed MSME units. Read more
Nitin Gadkari: Government committed to promote renewable energy for MSME Sector
The Government has set an ambitious target for renewable energy and in particular, solar power generation, for this decade. The target for renewable energy installation is 450 GW by year 2030.Read more
Atmanirbhar Niveshak Mitra portal to strengthen domestic investment
The portal will have a dedicated digital investment promotion and facilitation team at Invest India which will facilitate domestic investors to directly connect or request meetings with the Invest India experts.Read more
Government mulls on making Scrap Recycling an organised sector
This framework is also seen to be prepared in the backdrop of the upcoming Vehicle Scrappage Policy for automobiles, which will ensure sufficient availability of domestic scrap in the countryRead more
Top 3 trends for Indian manufacturing sector in 2021
With India expected to be among the top three manufacturing destinations before 2025, Masatomo Nishizaki, BU Head – Smart Manufacturing, NEC Corporation India, predicts top three manufacturing trends to watch out for in 2021.Read more
Tyre maker TVS Srichakra to invest Rs 10 bn for expansion
The company will make this investment over a period of 3 years in its Madurai (Tamil Nadu) and Pantnagar (Uttarakhand) plants to increase 2 & 3 wheeler tyre capacity by 25-30 per cent and doubling its off-highway tyre capacity from current levels.Read more
PLI scheme for bulk drugs and medical devices receives 243 applications
Production Linked Incentive (PLI) Scheme for bulk drugs and medical devices, which closed on 30 November 2020, received 215 and 28 applications from manufacturers of bulk drugs and medical devices respectivelyRead more
IESA lauds new PLI Scheme allocating Rs 18, 100 cr for Advanced Chemistry Cell
IESA has been actively working in this space for the past three years, collating information from industry players (IESA member companies) and submitting inputs on the discussion for Advanced Battery Manufacturing in India.Read more