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Rajnath Singh invites US defence companies to establish manufacturing units
He noted that ‘Partnership’ and ‘Joint Efforts’ are key elements that set India’s defence industry collaborations apart from those with other nations.Read more
India to establish 50 e-commerce export hubs over five years
In the current financial year, the plan includes the construction of 10 such hubs to accelerate the growth of merchandise exports via online platformsRead more
Aviation Minister Naidu aims to establish aircraft manufacturing in India
Currently, Boeing and Airbus dominate the global aircraft manufacturing industry, with market shares of over 40% and 60%, respectively. Read more
Foxconn to establish energy storage unit in India
The company is also keen to bring its ‘3+3 strategy’ to the country.Read more
Google to establish key Pixel manufacturing hub in India; Pixel 8 to be first
This strategic shift aims to significantly boost the brand’s market presence in India, where it currently holds a modest 0.25% market share, rising to 1% in the premium segment.Read more
Pakka Limited raises Rs 2.44 billion in funds; to double production capacity
The facility in Ayodhya is expected to become functional by 2026.Read more
Indian MCE industry reports 5% Y-o-Y growth in Q1 FY2025: ICRA
Road construction drives 35-45% of MCE sales in India followed by mining (20-30% share), real estate (10-20%), and othersRead more
Dassault Aviation to establish MRO facility for Mirage 2000 and Rafale fighters
Safran is also considering manufacturing M-88 engines in India, contingent on substantial orders from the IAF.Read more
Chinese auto manufacturer BYD to establish $1 bn manufacturing plant in India
Due to its Chinese connections, BYD is partnering with Hyderabad-based Megha Engineering and Infrastructures.Read more
Gates Corporation to establish Global Technical Center at Lalru, Punjab
By setting up the Gates Global Technical Center, the company aims to enhance its capabilities in innovation to deliver advanced solutions to its global customer base.Read more