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HP to partner with Dixon's Padget for PC manufacturing in India under PLI 2.0

This facility, spanning 300,000 square feet, is expected to generate 1,500 direct jobs and will have the capacity to produce 2 million units annually at full scale.Read more

G&B launches Rs 1 billion AI-driven washing machine production facility in Pune

Located in Shirwal near Pune, the facility spans 100,000 sq. ft. and is set to add a capacity of 300,000 units annually.Read more

Over 1,300 units operational under PLI scheme; to generate jobs

Preliminary calculations suggest that the production of Rs 10 trillion under the PLI scheme should translate to incentives worth Rs 500 billion.Read more

Intel may split chip design and manufacturing businesses due to loss

The company reported a net loss of $1.61 billion in the second quarter of 2024, leading to a 26% drop in its stock price—the worst single-day performance in over 50 years.Read more

Cooper Corp sees big opportunities in aerospace & defence sector: Farrokh Cooper

In this interaction with Rakesh Rao, Farrokh Cooper, CMD of Cooper Corporation Pvt Ltd, highlights challenges and opportunities before the Indian manufacturing sector, and the company's plans to tap emerging trends in the industryRead more

Honeywell introduces quality management review application for life sciences industry

With HQMR, users can also consolidate and summarise data from different sites in order to create a high-level overview that helps executives assess overall QMS performance across multiple facilities.Read more

Government schemes to propel domestic EV manufacturing

The adoption of electric vehicles in India has surged, particularly in the two-wheeler and three-wheeler segments, following the government's decision to extend the EMPS subsidy until September 30. Read more

India to continue reliance on Chinese parts amid domestic manufacturing push

Imports of personal computers, laptops, and tablets decreased by 3.4% in 2023-24 to $8.4 billion, but China still accounts for about 60% of these imports. Read more

Scimplify secures $9.5 million in Series A funding led by Omnivore

Founded in 2023 by Salil Srivastava and Sachin Santhosh, Scimplify operates as a business-to-business (B2B) platform that manages the end-to-end sourcing and manufacturing of specialty chemicals.Read more

CDSCO mandates GMP compliance for sterile equipment manufacturers

This move marks a significant shift, as GMP compliance was previously required only for drug manufacturers.Read more

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