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Initially, the facility will focus on manufacturing mass flow controllers, angle seat valves, diaphragm valves, and system solutions, with plans for phased expansion to support India’s diverse industrial needs.Read more
In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.Read more
In recent months, the Indian pharma industry, accounting for 20% of the global generic exports, has been facing problems related to quality from global & local regulators. By leveraging AI and automation, the industry can not only overcome quality challenges, but can also help it reach the target of $ 130 billion by 2030, says Sanskriti Ramachandran.Read more
These overdue inspections affect about 42% of the 4,700 registered drug manufacturing plants that were reviewed by the FDA before May 2019.Read more
Preliminary calculations suggest that the production of Rs 10 trillion under the PLI scheme should translate to incentives worth Rs 500 billion.Read more
Additionally, the Union Cabinet's approval of the National Medical Devices Policy last April is expected to further drive growth in the sector.Read more
The regulatory body noted that Eugia failed to maintain complete laboratory records essential for compliance with established specifications and standards.Read more
The operating profit margin (OPM) is forecasted to rise to 12-14%, up from 11-13% in the previous fiscal year.Read more
This sector surge is largely driven by production-linked incentive (PLI) schemes.Read more
The survey reveals that 78% of respondents anticipate higher or stable production levels, up from 57% in the previous year.Read more
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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