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Switzerland green lights historic India-EFTA trade agreement
Signed in March, this comprehensive agreement is designed to enhance trade in pharmaceuticals, manufacturing, and emerging technologies, with a projected investment of $100 billion in India over the next 15 years.Read more
Nearly 2,000 drug manufacturing plants overdue for FDA inspections post-COVID
These overdue inspections affect about 42% of the 4,700 registered drug manufacturing plants that were reviewed by the FDA before May 2019.Read more
India explores pipeline network for cost-effective green hydrogen transport
Preliminary findings from a study on the Rajasthan to Paradip port route suggest that pipelines could be a more economical choice for transporting green hydrogen.Read more
India's start-up ecosystem is relatively low; says Dr Chintan Vaishnav
With approximately 140,000 start-ups registered under the Atal Innovation Mission, India has one start-up for every 10,000 people. In contrast, Israel and Germany boast one start-up per 1,000 to 2,000 people.Read more
DAC approves Rs 1.45 trillion defence orders; to boost PSUs
In FY24, the government granted Acceptance of Necessity (AoN) to proposals totalling approximately Rs 3.61 trillion under various capital procurement categories, aligning with the Defence Acquisition Procedure (DAP) 2020 to promote domestic manufacturing.Read more
Government to launch FAME III scheme within two months
Domestic sales for three-wheelers reached 59,073 units in July 2024, marking a 5.1% year-on-year increase, while two-wheeler sales surged to 1.44 million units, reflecting a 12.5% growth. Read more
Sunkind to establish 1.5 GW solar module manufacturing plant by April 2025
The project is expected to generate employment for over 500 people, aligning with the goals of ‘Viksit Rajasthan’ and ‘Viksit Bharat’ by 2047.Read more
ZETWERK gets ARAI certification for Made in India 60kW & 120kW DC fast chargers
ZETWERK is currently engaged in R&D to expand its product offerings and is currently working on next-generation Super DC Chargers with capacities of 240kW and 360kW.Read more
Interarch Building Products invests Rs 950 million+ in PEB manufacturing plant
The plant will add 60,000 MT per annum over 2 phases, increasing the overall capacity to 200,000 MT per annum.Read more
Minda Corp signs TLA with Sanco to offer EDS solutions for EVs
Under this agreement, Minda Corp & Sanco will locally develop EV connecting systems, charging gun assemblies with sockets and accessories, bus bars, cell contact systems, Power Distribution Units (PDU) and Battery Distribution Units (BDU).Read more