Page 7 - Manufacturing Industry

AIIMS hospital in Assam receives Cabinet nod

To be set up under the Pradhan Mantri Swasthya Suraksha Yojana & involve Rs 1,123 cr investment

VLCC forays into nutraceuticals by acquiring Wellscience business

Extends its presence in the high-growth FMHG segment through nutraceuticals & direct selling

Jindal Films to invest $ 120 mn to set up polyester plant in US

The plant, which is expected to become operational by early 2019, to have 65,000 tonnes capacity

PPG exits fiberglass business, sells it to Nippon Electric for $ 545 mn

In 2016, PPG had sold its European fiberglass operations & divested two Asian fiberglass JVs

Glenmark receives US FDA approval for hypertension drug nebivolol

It is also eligible for 180 days exclusivity for the drug, a generic version of Forest's Bystolic

Govt to set up cancer institutes each costing Rs 100 cr: Anupriya Patel

Govt has already approved a scheme for enhancing the tertiary care cancer facilities in the country

Jindal Steel launches 6-MTPA integrated steel plant in Odisha

The Rs 33,000-cr plant at Angul ramps up JSPL's iron & steel capacities significantly

Domestic manufacturers to get preference in government procurements

New policy will give a substantial boost to domestic manufacturing and service provision

Machine tools industry: SMEs need to harness the power of digitalisation

Digitalisation of the production process is the key to higher productivity, flexibility & efficiency

Mahindra unveils growth strategy for electric vehicles business

To invest in globally competitive EV technology, set up charging infrastructure & fleet operations

Gluten-free baked foods to drive the demand for guar gum

Market for guar gum is forecast to reach $120 million in 2021, says Freedonia

SRF plans Rs 180 cr capex for setting up agrochemical plant in Dahej

In all, the company will invest Rs 200 crore in the chemicals business for capacity expansion

Dr Markus Steilemann to replace Patrick Thomas as Covestro CEO

The current CEO, Patrick Thomas, to complete his term which runs until 30 September 2018

Zuari Agro Chemicals to invest Rs 1300 crore to revamp urea plant

Post-revamp, urea capacity at its Goa site will increase from 1350 MTPD to 1800 MTPD

Talbros divests part of materials business assets to Interface Performance

Auto component firm has also entered into a raw material sourcing pact with the US-based Interface

India needs to re-ignite innovation to scale new heights in manufacturing

While govt accounts for about 75% of total R&D investment, contribution of private firms is very low

Voltas partners with Turkish firm Arcelik to tap consumer durables market

JV to set up production plant in India to make products such as refrigerators, washing machines, etc

US FDA accepts application of Sun Pharma's partner Merck for tildrakizumab

Tildrakizumab is being evaluated for treatment of moderate-to-severe plaque psoriasis

Vaccines may be the way forward for malaria eradication in India

Dr Dharminder Nagar offers 5-point agenda to take immunisation programmes in India to the next level

Avery Dennison buys Finesse Medical to strengthen healthcare materials biz

Finesse Medical makes healthcare products used in the management of wound care and skin conditions