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Alstom begins production of trains for Delhi-Ghaziabad-Meerut RRTS
210 advanced modular regional commuter and transit train cars are getting manufactured at Alstom’s factory in Savli, Gujarat. The RRTS trains are 100% indigenously manufactured with over 80% localisation.Read more
Indian govt notifies second list of 108 defence equipment for indigenisation
The second list lays special focus on weapons/systems which are currently under development/trials and are likely to translate into firm orders in the future. In August 2020, the ‘First Positive Indigenisation’ List comprising 101 items was notified by the Union Ministry of DefenceRead more
Rs 180 bn PLI Scheme for battery making to bring down EV cost
The implementation of the PLI Scheme 'National Programme on Advanced Chemistry Cell Battery Storage’ will bring down the cost of electric vehicles and boost green growth.Read more
Sivasubramanian Ramann takes charge as the new SIDBI CMD
His appointment will be effective for a period of three years.Read more
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
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