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PLI scheme to benefit Indian MSMEs: PM Narendra Modi
Production worth about $ 520 billion is estimated in the next five years in India only through the Production-Linked Incentives (PLI) scheme with the entire ecosystem associated with the sector benefiting from the scheme, said the Prime MinisterRead more
Time to invest and build capacity
As per the data released recently, the manufacturing and construction sectors grew by 1.6 per cent and 7.7 per cent, respectively, during the December quarter. However, core sector data showed growth in eight infrastructure sectors slowing down to 0.1 per cent in January from 0.2 per cent in the previous month.Read more
Iris Global supplies 1700 Lenovo tabs to RKS Corporation for UNDP, Cambodia
the tender was floated by the UNDP for the supply of 1700 tablets to Cambodia and the tender was won by a partner of Iris GlobalRead more
SCHUNK develops quick change pallet system for AM applications
The module can also be used for works in an inert gas atmosphere and it can be operated with this gas. The VERO-S NSE AM mini 78-20 can be fully integrated into the machine table and can be combined with further modules.Read more
Pump manufacturers in Coimbatore hike prices by 15 per cent
The price hike is due to the rise of raw material and spare parts prices which government was unable to control. Given that the demand is high in the industry for material supplies the industry is experiencing a tough time. Read more
Kirloskar Brothers supplies fire-fighting pump sets for Atal Tunnel project
FM approved & UL listed fire-fighting pump sets of Kirloskar Brothers Limited (KBL) are deployed along the 9-km Atal Tunnel, which is the world’s longest motorable tunnel that connects Manali to LehRead 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
FIEO welcomes govt. approval on PLI Scheme to attract FDI
Apart from boosting MSME sector, the Scheme will further help in enhancing the skill sets generating employment opportunities across the country during such challenging and tiring times.Read 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
FM announces Rs 2.65 trn stimulus under Aatmanirbhar Bharat 3.0 to boost growth
Emergency Credit Line Guarantee Scheme for MSMEs, businesses, MUDRA borrowers and individuals extended till March 31, 2021 and additional credit up to 20%. Provides Rs 30 billion to boost project exports and Rs 102 billion additional budget stimulus for capital and industrial expenditure.Read more