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Nashik soars as India's new aircraft manufacturing hub

Bengaluru-based state-owned plane maker Hindustan Aeronautics Limited (HAL) is gearing up to activate fresh production lines in Nashik for the indigenous light combat aircraft (LCA) Mk-1A and Hindustan Turbo Trainer-40 (HTT-40) planes.Read more

Maruti Suzuki targets record exports and expands electric portfolio

Maruti Suzuki plans to gradually expand its range of vehicles running on alternative fuels. To achieve this, the company intends to incorporate hybrid or electric vehicles into its export offerings.Read more

Piyush Goyal urges Indian industries to transform India into Global Manufacturing Hub

The discussions took place on 12 sectors, including textiles, capital goods, defence, aerospace, space, metals, leather, mining, energy, food processing, chemicals, medical devices, and drones.Read more

UP emerges as defence manufacturing hub with BrahMos production in Lucknow

Lucknow chosen as the manufacturing site in the Sarojininagar area. Chief Minister Yogi Adityanath expressed his enthusiasm, stating, “Ab Lucknow muskaraega bhi aur dahaadega bhi” (Lucknow will now smile as well as roar).Read more

Tamil Nadu drives India's electric vehicle revolution

According to data from the Ministry of Road Transport and Highways’ VAHAN Dashboard, a total of 1,044,600 EVs were registered in the country until September 20, 2023, out of which 414,802 were produced in Tamil Nadu.Read more

Madhya Pradesh: The emerging manufacturing hub

As India gains the center stage of the world, Madhya Pradesh is slowly emerging as the centre of attraction for establishment of industries and investment. With MP targeting for $ 550 billion state GDP by 2026, the government is laying emphasis on technology-driven economy with a focus over enhancing productivity in all the sectors. Read more

India's Semiconductor industry aims to create 1.2 million jobs

Notably, the chip design sector is poised to play a pivotal role, necessitating the recruitment of 275,000 individuals with diverse educational backgrounds.Read more

Schwing Stetter India partners with VIT, Vallore to offer engineering programme

The partnership aims to help employees accelerate their education, stir innovation and skill development needed for the manufacturing industry.Read more

Schneider Electric highlights sustainable solutions at Elecrama 2023

The company announced investment of Rs 1,400 crores to increase its manufacturing footprint by building five new factories in the next two years.Read more

PLI schemes: Making India a global manufacturing hub?

The Production Linked Incentive (PLI) schemes have come at an opportune time when investors are been looking to diversify their manufacturing operations across the globe as part of their China Plus One strategy. The scheme is a testament to the vision of the Government for providing long-term industrial support, writes Bhavesh Thakkar.Read more

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