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MSMEs encouraged to utilise NSIC raw material schemes

The NSIC is also exploring collaborations with the Commodity Exchange to enhance benefits for MSMEs and is sourcing tools from MSMEs for the PM Vishwakarma scheme kits distributed to artisans.Read more

Industrialisation and urbanisation drive the HVAC market in India

HVAC (Heating, Ventilation, and Air Conditioning) systems are vital for creating and maintaining optimal work environments, while playing a key role in environmental responsibility. Read more

“HVAC systems are essential in making manufacturing facilities run efficiently.”

Trane is committed to providing innovative and sustainable HVAC solutions for industrial applications. Read more

India's electronic manufacturing services market to reach $72.2 billion by FY27

Government initiatives such as production-linked incentive (PLI) schemes and the Semicon India programme are driving this growth.Read more

FDI in manufacturing reaches $165 billion; 69% growth over last decade

This sector surge is largely driven by production-linked incentive (PLI) schemes.Read more

MoPSW to develop new shipbuilding scheme to incentivise Indian shipyards till 2035

Additionally, global cruise giant MSC Cruises has shown interest in deploying ships for domestic routes in India. Read more

Trane launches GEN Elite C Series VRF in Asia Pacific

Unlike traditional non-inverter systems, the advanced inverter technology and unique piping design of the CO VRF allow for continuous operation and precise temperature control, minimising temperature fluctuations.Read more

Indian manufacturing sector sentiments improved for Q1 24-25: FICCI

The survey reveals that 78% of respondents anticipate higher or stable production levels, up from 57% in the previous year.Read more

Decarbonising seven key MSME sectors could save Rs 370 million yearly

The study was conducted by the Centre for Study of Science, Technology and Policy (CSTEP).Read more

Textile-leather industry hopes for revised inverted duty structure in new Budget

An inverted duty structure discourages domestic manufacturing by imposing higher import duties on raw materials and intermediate goods compared to finished products. Read more

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