Page 27 - Manufacturing Industry

NACOF inks long-term supply pact for potash with Canada's Encanto

Encanto will supply minimum 5 mn tonnes of MOP annually for a period of 20 years

L&T Hydrocarbon bags orders worth Rs 1,700 crores

Orders include 3 new contracts for pipelines and associated works in the western region of India

M&M buys 75% stake in Turkish farm equipment maker Hisarlar for Rs 130 cr

The deal will help Mahindra & Mahindra to grow its farm equipment business in Turkey and Europe

Zydus Cadila enters $8-bn US specialty pain market by buying Sentynl

With this, Zydus gains access to the specialty distribution network and large prescriber base in US

Motherson Sumi buys Finnish wiring harness maker PKC for € 571 mn

It will help MSSL expand its presence in the global wiring harness market for commercial vehicles

Government should set its priorities right to focus on key issues

Budget should provide necessary fillip to spring up immediate economic growth

Demonetisation: The good, the bad or the ugly?

Having administered the bitter pill, budget, perhaps, will provide a revival therapy

Make import of key raw materials duty-free for foundry sector

Set up a technology upgradation fund of foundry industry for green & productive technology

Budget should give boost to downstream chemical industry: Shilip Kumar

Reduce corporate tax to create an environment that will facilitate growth of businesses

Cipla arm Goldencross Pharma sells Four M Propack to Shriji Polymers

This will enable Shriji Polymers to consolidate its position in the pharma plastic packaging segment

Remove infrastructure holdups to put logistics sector on a growth highway

Implementation of GST can bring down the costs of logistics industry by about 15-20%

Increase the import duty on stainless steel flat products: K K Pahuja

Make domestic stainless steel industry competitive by decreasing import duties on raw materials

Unilever aims for 100% recyclable plastic packaging by 2025

It has committed to ensure all of its plastic packaging is designed to be recyclable or compostable

Prince Pipes chairman Jayant Chheda raises stake in Vikas Ecotech

He has invested Rs 34 cr in the company that supplies lead-free additives for plastics industry

Zydus settles patent litigation for cholesterol lowering drug with Kowa

As per the deal, Zydus granted a license to market Livalo (pitavastatin calcium) tablet generics

Crompton Greaves wins Rs 720 cr order from Indonesian firm PT PLN

CG will supply critical power equipment for a project to improve the Indonesian transmission grid

Reliance & Russia's Sibur to set up halogenated butyl rubber unit in India

The unit, located in Gujarat, will meet the growing demand for product from tyre & pharma industries

Pharma sector expects a sweet pill from budget 2017

Budget should present some tax sops to all the stakeholders - pharma companies as well as patients

Post-demonetisation, budget to offer tax cuts for SMEs

It will aim to boost the manufacturing sector that can stimulate GDP growth in the coming years

Transforming India into a global IT manufacturing hub

To be self-sufficient in electronic manufacturing, we should engage and empower SMEs