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India may gain from trade restrictions against China says IMF Chief Economist

The US and EU recently announced higher import duties on some Chinese products and FDI from China is already facing heightened scrutiny in several parts of the world.Read more

Temasek in talks to buy Rs 9 billion stake in medical equipment firm Tynor

The person further said that Temasek has bid for an up to 30-35% stake in the company for $100-120 million.Read more

Tata Hitachi to invest Rs 2 billion in manufacturing plants for FY25

The company, a 40:60 joint venture between Tata and Hitachi of Japan, aims at ramping up localisation levels to 70% over the next 2-3 yearsRead more

Electronics manufacturing industry to touch $300 billion by 2026-27; Dixon Tech

Dixon Tech is sitting on 50% of India’s android capacity.Read more

60 pharma firms enrol under Centre’s scheme to upgrade manufacturing facilities

The scheme gives preference to micro, small and medium enterprises (MSMEs), supporting smaller players achieve high standards.Read more

CEAT appoints Vishal Pawar as Senior Vice President – Global Sales

Pawar began his career at TAFE (Tractors and Farm Equipment Limited). Then, he moved to CEAT and went on to work at Garware Technical Fibres.Read more

Component PLI top ask of electronic firms for upcoming Budget

The industry body has also asked for a Rs 400-450 billion package for the components ecosystem, extended over six-seven years.Read more

PLI railway push for local manufacturing of components for Vande Bharat & LHB

The PLI scheme is for a three-year period, with projected incentives of Rs 10-15 billion.Read more

Manufacturing activity in India rebounds in June; fastest hiring in 19 years

As a consequence of increases in new order intakes, the rate of job creation was the strongest since March 2005.Read more

Critical EV components to be localised by 2030

Achieving 100% localisation in India is not feasible due to the scarcity of certain rare earth materials, limited lithium-ion mining, and low levels of electronics manufacturing.Read more

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