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Manufacturing GVA lags behind despite positive economic indicators

In the first quarter of the preceding fiscal year, it remained stagnant at 17.2 per cent.Read more

Servotech to establish EV Charger Manufacturing Plant, signs MoU with UP govt

The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by Raman Bhatia, Managing Director, Servotech Power Systems, and Nand Gopal Gupta ‘Nandi’, Minister of Industrial Development, Government of Uttar PradeshRead more

GeM become one of the largest public procurement portal, marks 7 years

Government e-Marketplace (GeM) is India's online marketplace for public procurement. It commemorates its 7th Foundation Day and marks achievements in both transaction value and the breadth of the buyer-seller ecosystem.Read more

Torrent Power signs MoU with Maharashtra govt for Pumped Storage Hydro Projects

The projects, requiring an investment of Rs 27,000 crores, will create employment for 13,500 people and provide minimum six-hour energy storage.Read more

Hyundai Motor India exchanges MoU with TN govt, planning to invest Rs 20,000 Cr

Hyundai Motor India Limited (HMIL) is planning for a long-term investment in the state of Tamil Nadu for over the period of 10 years (2023 to 2032) with a plan to increase production volumes and introduce new electric vehicle models. Read more

HM23: Engineering green growth

HM23: Engineering green growthRead more

How the PM Gati Shakti is the culmination of many efforts

PM Gati Shakti scheme aims to create cohesion and co-ordination between as many as 27 government agencies. In the language used by John Kotter, a famous researcher and author on ‘leading and making change happen’, the PM Gati Shakti is the body that will build the ‘coalition for change’, writes Prof R Jayaraman.Read more

India: The beacon of growth

India’s exports - estimated at $ 767 billion - for FY 2022-23 recorded a rise of 14.5 per cent over FY22’s $ 669.65 billion.Read more

Industries, government & society, Hannover Messe - an opportune stage for all

The Hannover Messe, one of the largest trade shows in the world, will held from April 17 to 21 this year. The trade fair has been a key occasion for industrial developments for years. The event will be held at the Hanover Fairground in Hanover with over 4,000 companies from different industries signed up to exhibit their products and solutions. Germany will serve as the host country with Indonesia being the partner country for the event.Read more

Way to $ 1 trillion manufacturing economy?

In 2021-22, for the first time, India’s exports crossed $ 400 billion and this year, the country has set a target of $ 470 billion (a tall ask given the prevailing external environment).Read more

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