Manufacturing

HZL, Tata Steel tie up to boost low-carbon zinc use in steel manufacturing

Vedanta group firm Hindustan Zinc Ltd on Monday said it has partnered with Tata Steel to expand the use of its low-carbon zinc solution, EcoZen, in steel manufacturing. The partnership highlights both firms' resolve to weave climate priorities into their core operations and sourcing strategies. "Hindustan Zinc... has strengthened its longstanding association with Tata Steel to expand the integration of EcoZen, its lowcarbon zinc solution into sustainable steel manufacturing," Hindustan Zinc said in a filing to the BSE. EcoZen is produced using renewable energy and has a verified carbon footprint of less than one tonne of CO equivalent per tonne of zinc -- about 75 per cent lower than the global industry average. By significantly reducing emissions at the raw material stage, EcoZen enables downstream industries to lower value-chain emissions and advance their decarbonisation goals. "Our partnership with Tata Steel is a significant milestone in scaling up the adoption of low-carbon

Hettich opens new Indore plant; eyes India as key global manufacturing hub

German furniture fittings maker Hettich has inaugurated its new manufacturing facility in Indore, Madhya Pradesh, eying to position India as a key global manufacturing hub. This is Hettich's first dedicated undermount drawer runner manufacturing facility in India and forms part of the company's overall investment of approximately Rs 2,000 crore in the country, the company said in a statement. The new 25,700 sq. metre automated plant, located within Hettich's 103,039 sq. metre Indore facility, reinforces its long-standing commitment to the country, brings German engineering to India while expanding jobs, exports and local manufacturing capabilities, the statement added. "Hettich's hinge manufacturing unit at the Indore facility has an annual production capacity of approximately 60 million hinges. With the addition of the new Quadro plant, the facility will further produce around 5 million units of undermount drawer runners annually, significantly strengthening Hettich's manufacturing

Manufacturing share in listed firms' FY25 GVA fell below pre-Covid levels

Manufacturing companies now contribute a smaller share of gross value added by listed firms than before the pandemic, even as services and other sectors have expanded faster, an analysis shows

Manufacturing-led capacity additions likely to touch Rs 3.6 trn in FY26

India's capacity additions are expected to touch nearly Rs 3.6 trillion in March FY26, led by manufacturing projects, though geopolitical tensions in West Asia could cloud future private investments

Bhagwati Products leases 430,000 sq ft in Oppo's Noida manufacturing plant

Bhagwati Products has leased 430,000 sq ft in Oppo's Noida plant to expand smartphone output, marking another major industrial space deal amid strong demand in NCR's manufacturing hubs

India one of our fastest-growing markets: Siemens MD & CEO Sunil Mathur

Siemens Limited MD Sunil Mathur spoke about AI adoption, opportunities in India's data centre market, and the outlook for industrial technology

Apple rivals top Indian manufacturers by turnover on surging iPhone output

Based on data provided to the government, Apple manufactured iPhones worth $27 billion in India in 2025 on a freight-on-board (FOB) basis

India's IIP growth eases to a three-month low of 4.8% in January

India's industrial output growth slowed to 4.8% in January, a three-month low, as manufacturing, mining and electricity softened, though several segments continued to post healthy gains

India set to enter global chipmakers' club with Micron's Sanand debut today

Micron has facilities in the United States (US), China, Singapore, Taiwan, Malaysia, and Japan, among others, with 13 major manufacturing sites. India will now join this group of countries

New GDP series: Eye on revised mfg maths amid capex push, says India Inc

Clearer view on manufacturing expected with new GDP series

India must build materials, tech capability to scale manufacturing: Experts

India’s manufacturing sector, which currently accounts for about 17 per cent of gross domestic product (GDP)

At BS Manthan Pralhad Joshi outlines storage push for 500 GW target by 2030

Union Minister Pralhad Joshi laid out a roadmap to 500 GW of non-fossil capacity by 2030, backed by falling solar tariffs

India open to reviewing China investment rules: Piyush Goyal at BS Manthan

India is open to reviewing its investment stance towards China as it looks to expand domestic manufacturing

Eligible manufacturer-importers to get duty deferment facility from March

The revenue department will roll out the 30-day duty deferral facility for eligible manufacturer-importers from next month, which will help such importers to better manage their liquidity, a senior official said on Thursday. Finance Minister Nirmala Sitharaman in Budget for 2026-27 had proposed to provide eligible manufacturer-importers the same duty deferral facility as is available to Authorised Economic Operators (AEOs). This was done to encourage such importers to get themselves accredited as a full-fledged Tier 3- AEO in due course. The Budget had also enhanced the duty deferral period for Tier 2 and Tier 3 AEOs from 15 days to 30 days. Speaking at the National Symposium on Customs Reforms-2026, Revenue Department Joint Secretary (Customs) Anupam Prakash said presently there are about 6,000 entities which operate under the Customs "trusted ecosystem", of which 1,500 entities have AEO T2 and T3 accreditation. "We want to increase the number of entities in trusted scenarios. Fo

R&D-linked incentives to drive India's high-end manufacturing push: Experts

India's focus should be on developing expertise in achieving the required mineral purity levels and strengthening its chemical engineering capabilities

Wootzwork raises $6.6 mn to bring predictability to offshore manufacturing

Wootzwork is scaling a new manufacturing model that gives global OEMs a single, accountable partner for complex industrial programmes across India and Southeast Asia

India must build materials, tech capability to scale manufacturing: Experts

At BS Manthan, industry leaders highlight gaps in advanced materials, R&D, and minerals, even as policy support, global shifts, and investor confidence create new momentum for manufacturing growth

Embraer CEO pledges to make India a manufacturing base for KC-390 aircraft

Brazilian aerospace giant Embraer on Sunday signalled its readiness to set up a major production hub for its KC-390 Millennium aircraft to support the broader Asia-Pacific market if it wins the Indian Air Force's contract for up to 80 transport planes. In an exclusive interview to PTI, Embraer's President and CEO Francisco Gomes Neto pitched KC-390 Millennium as the "best" option for India, leveraging a wave of NATO acquisitions to position the plane as the new 'global benchmark' for tactical airlift. By choosing our aircraft, the Indian Air Force will have an alignment with a rapidly expanding, interoperable alliance of modern air forces, he said as the force intensifies its hunt for a versatile tactical airlifter. Describing the KC-390 as a much superior multi-mission workhorse, Neto said if awarded the Indian contract, the company will turn India into its primary production hub for aircraft to support the Asia-Pacific market. The Embraer CEO said the company is eyeing to set up

Made in India chip very important for developed nation: PM Modi

The foundation of developed India will be laid on the basis of self-reliance for which having chips made in India is very important, Prime Minister Narendra Modi said on Saturday. In a virtual address to lay the foundation stone of India Chip Pvt Ltd -- the HCL Group and Foxconn JV -- Modi said a weak supply chain of tiny chips during the Covid-19 pandemic halted development of several economies and stopped work at various factories. "Developed India will be built only when India is self-reliant. For this, Made in India chip is very important. Whatever India is doing in the field of technology in this decade, it will become foundation of our capability in the 21st century," Modi said. The India Chip Pvt Ltd -- the HCL Group and Foxconn joint venture for Outsourced Semiconductor Assembly & Test (OSAT) facility -- will come up in the Yamuna Expressway Industrial Development Authority (YEIDA) at Jewar, Greater Noida. India Chip Pvt Ltd is a 60:40 joint venture between HCL Group and ..

India AI Impact Summit Day 5 wrap: US ties, supply chains, AI infrastructure drive discussions

Day 5 of the India-AI Impact Summit in New Delhi focused on global partnerships, semiconductor supply chains, AI sovereignty, and workforce transition.