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Semiconductor, electronics and railway industries to see boost in Odisha; Vaishnaw
A training program will also be introduced in the semiconductor industry.Read more
IISER Tirupati develops hydrogen generation method from methanol & formaldehyde
The rapid depletion of fossil fuels has spurred the search for alternative energy sources, highlighting the need for sustainable and renewable resources.Read more
Indonesia to levy 100-200% duties on clothing & ceramics; protect domestic trade
Indonesia mainly imports apparel and clothing accessories from China, Vietnam and Bangladesh.Read more
Railways to revise Rs 310 billion wagon procurement plan after MI contract fail
The wagons - which are used for transporting crucial commodities such coal and iron ore on the rail network - were to be supplied at Rs 3.19-3.63 million per unit depending on the specifications issued by the railways.Read more
Boeing to buy Spirit AeroSystems in $4.7 billion deal
The acquisition is expected to be finalised by mid-2025. Read more
CDSCO shuts down 36% of drug manufacturing units for failing quality standards
India has around 10,000 pharma manufacturing units, of which nearly 80 per cent are micro-small and medium-scale facilities. Read more
Pepperl+Fuchs enhances efficiency in intralogistics
Automation is becoming a cornerstone, with significant investments in smart factories and digitalisation to streamline operations and reduce lead times.Read more
Under PLI scheme at least six of eight sectors to switch to quarterly disbursals
DPIIT is planning to hold the next stakeholder review after the budget announcement for 2024-25.Read more
Indian pharmaceutical industry to expand by 9%; surpass $70 billion by FY27
Between FY13 and FY18, Indian pharma companies faced severe regulatory challenges that adversely impacted their operations and ability to launch new products in regulated markets. Read more
How to build India’s global manufacturing capabilities?
The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.Read more