Page 49 - Manufacturing Industry

PPP model can make India one of top 5 global pharma innovation hubs: Study

Government's decision to allow 100% FDI under automatic route in the pharma sector will further enhance R&D activity in India, says a joint study of Assocham and TechSci Research

Dutch firm AkzoNobel to set up powder coatings plant in Mumbai

The maker of Dulux paints will invest Euro 9 million (about Rs 67 crores) in the new plant, which will also make bonded metallic powders & localised products for markets such as pipe and re-bar co

Govt establishes Electropreneur Park to bolster electronics manufacturing

The park, set up at University of Delhi, will develop, promote, incubate, mentor, and create breakthrough innovations in the electronic systems design & manufacturing (ESDM) sector

Xpro suspends production at Faridabad unit

The plant produced coextruded plastic sheets and coextruded cast plastic films

Carborundum Universal opens R&D centre in Tamil Nadu

The new R&D centre of CUMI, a part of the Murugappa Group, will focus on research in technical ceramics for industrial & advanced applications

Berry Plastics buys AEP Industries for $ 765 mn

With this, Berry Plastics adds highly complementary products and customers in North America

Government opens mega food park in Murshidabad

The mega food park to leverage an additional investment of about Rs 250 crore in food processing units in the park and generate a turnover of about Rs 500 crore annually

Bharat Electronics to invest Rs 300 cr in advanced night vision devices plant

The new facility, which will be built near Machilipatnam in Andhra Pradesh, will enable BEL to expand its electro-optics business

BEE introduces new star rating methodology for ACs

Standards for rating ACs have been continuously tightened over the years. The Star-5 in 2010 became Star-3 in 2015 and will become Star-1 in 2018 as per new ISEER methodology

Department of Pharma consults stakeholders on pricing mechanism for stents

The move aims to develop a science, safety and efficacy based price determination process for drug eluting stents, which have been recently included in NLEM (National List of Essential Medicine)

US FDA grants approval to Jubilant's hypertension drug felodipine

The approved product, felodipine extended-release tablet (2.5 mg, 5 mg, and 10 mg), is the generic version of Plendil tablets of AstraZeneca

CCEA gives nod to 9 railway projects worth Rs 24,375 cr

The approved railway lines are expected to help the upcoming industries in the region and additional transport capacity to meet their requirements

US patent office invalidates 2 patents of Teva's blockbuster drug Copaxone

The rule is in favour of Mylan, who has partnered with Natco Pharma in challenging the patent of the multiple sclerosis drug, Copaxone 40 mg injection, which has annual US sales of $3.3 bn

European drug regulator accepts Mylan & Biocon application for biosimilar trastuzumab

This is the second biosimilar developed by the two companies - who are collaborating for a broad portfolio of biosimilars and insulin analogs - that has been accepted for review in Europe

Material recycling leads $ 668 mn funding for circular economy technologies

Next-generation recycling is on the march as waste collection and sorting get a digital push from innovations in software, data analytics, and robotics, says Lux Research

Commercial Syn Bags to invest Rs 28 cr for expansion of Indore plant

The expansion project, which is expected to be commissioned in July 2017, will produce fabric, lamination and food grade jumbo bags and flexible intermediate bulk container (FIBC) bags

IBM and Stanford University collaborate to develop plant-based plastics

Scientists have identified a chemical catalyst that can be used to create cheaper, biodegradable plastics from plants such as palm trees and beets

Henkel expands capabilities of Pune innovation centre with two labs

The company has invested in two dedicated laboratories for maintenance repair & overhaul (MRO) and acoustic

Govt plans to set up research institute for fertilisers

Indian Council for Fertilizers Research, to be set up on the lines of ICMR (Indian Council of Medical Research) and ICAR (Indian Council of Agricultural Research)

Jubilant Life receives US FDA approval for hypertension drug telmisartan

The approved product - telmisartan tablet - is a generic version of Boehringer Ingelheim Pharmaceuticals' Micardis tablet