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EPIC signs contract for manufacturing and supply of large diameter steel pipes with Saudi Aramco
Welspun Corp has announced that its associate company, East Pipes Integrated Company for Industry (EPIC) in the Kingdom of Saudi Arabia (KSA) has signed a contract for the manufacturing and supply of large diameter steel pipes with Saudi Aramco.Read more
TVS Motor forges strategic partnership with Emil Frey for key European markets
This partnership signifies a significant step towards global expansion for TVS Motor Company, leveraging Emil Frey's extensive distribution network and deep market insights in Europe.Read more
Induction furnace owners seek GST protection amid complex SC challenges
Represented by the All India Induction Furnaces Association (AIIFA), the owners highlighted that locally sold scrap often lacks the necessary GST framework requirements or compliance, making it challenging to claim input tax credits.Read more
India strengthens economic ties with Taiwan, says officials
This move, aimed at meeting Taiwan's demand for labour in various sectors such as factories, farms, and hospitals, could involve the employment of up to 100,000 Indians.Read more
Maharashtra approves export incentive policy to drive investment, achieve export targets
The policy's goals include doubling the state's current export value from $72 billion to $150 billion and initiating 30 export infrastructure projects over the next five years.Read more
Industrial Growth dips to 5.8% in September, experts optimistic for October rebound
In October, the government experienced a 13% increase in Goods and Services Tax revenue, marking its fastest pace in 10 months, reaching Rs 1.72 lakh crore.Read more
HAL forms JV with France’s Safran Helicopter Engines for helicopter engines
The initial focus of the joint venture is directed towards creating engines for the Indian Multi-Role Helicopter (IMRH) and the Deck-Based Multi-Role Helicopter (DBMRH).Read more
India plans sector-specific revisions to boost utilisation of $24 bn industrial incentives
Proposed modifications are targeted at the textiles, pharmaceuticals, drones, solar, and food processing industries, constituting nearly one-third of the PLI scheme.Read more
Q4 can see fiscal incentives under PLI for white goods: DPIIT Secretary
The production linked incentive (PLI) scheme on white goods seeks to encourage domestic manufacturing of air conditioners and LED light components.Read more
Kaynes Tech Ventures into cutting-edge HDI board manufacturing
In the domain of Printed Circuit Boards (PCBs), Kaynes Technology has opted out of traditional PCB production, choosing instead to focus on High-Density Interconnect (HDI) boards.Read more