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MoD and NSE ink agreement to push MSMEs and developing firms in defence sector
The Memorandum of Understanding (MoU) is designed to facilitate capital market access for MSMEs in the defence sector. Read more
Honeywell inks pact with Air India for APU aftermarket support
The APU is a critical piece of aircraft equipment that provides electrical power and air conditioning to a plane while it is on the ground. Read more
Lazard report suggests India is on track on becoming a global manufacturing hub
Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.Read more
The effect of modernisation on supply chains
Companies today face challenges related to managing multiple suppliers, navigating international regulations, and addressing logistical hurdles. Read more
Apple to start iPhone 16 pro model manufacturing in India
Production of these flagship models is expected to begin within this fiscal year, with Foxconn handling the manufacturing process.Read more
Waaree Renewable wins ISMT Limited’s 30 MWp solar project contract
WRTL will provide comprehensive EPC services, including design engineering, procurement, supply, installation, and commissioning of the solar plant. Read more
China tightens rules for solar PV manufacturing
It increases the minimum capital ratio required for new construction and expansions in the photovoltaic sector to 30%, up from previous requirements of 30% for polysilicon projects and 20% for other PV manufacturing projects. Read more
BEL wins €25.75 million order from TRDS for TR module production
It also announced additional orders valued at Rs 1.92 billion for communication equipment, encryptors, spares, and services for radars and fire control systems, bringing its total orders for the current financial year to Rs 52.25 billion.Read more
Waaree Energies subsidiary Indosolar, inaugurates 1.30 GW solar module facility
The factory is expected to accelerate employment opportunities, and contribute towards propelling India's journey towards achieving net-zero emissions.Read more
TDF schemes to encourage 'Aatmanirbharta' in public & private defence industries
So far, 77 projects have been sanctioned to various industries, with a commitment of over Rs 3 billion.Read more