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.

Govt disburses ₹28,748 crore under 14 PLI schemes till December 2025

The government has disbursed Rs 28,748 crore under PLI schemes for 14 sectors, including electronics and pharma, since the launch of the support measure to boost domestic manufacturing, the government on Friday said. In 2021, the government announced Production-Linked Incentive (PLI) schemes for 14 sectors with an outlay of Rs 1.97 lakh crore. As many as 836 applications across 14 sectors, involving cumulative investment of over Rs 2.16 lakh crore, have been approved under the production linked incentive (PLI) scheme as of December 2025, It said that these sectors have registered a cumulative sales of over Rs 20.41 lakh crore, and exports of over Rs 8.3 lakh crore, the commerce and industry ministry said. It has generated employment for more than 14.39 lakh people. "Rs 28,748 crore (has been) disbursed as on December 31, 2025," it said. The 14 sectors include large scale electronics manufacturing, IT hardware, bulk drugs, medical devices, pharmaceuticals, telecom and networking .

ATR bets on 2026 production ramp-up amid strong turboprop demand

The company logged 60 gross orders and 50 net orders last year, taking its backlog to more than 160 aircraft, while revenues held steady at about $1.2 billion

HUL to invest ₹2,000 crore to scale manufacturing for premium categories

HUL will invest up to ₹2,000 crore over two years to expand capacity in premium beauty, wellbeing and home care liquids, aiming to enhance supply-chain agility and future readiness

AI transforming entire industrial value chain: Rockwell Automation's MD

Sawhney noted the need to explore how AI adoption across sectors and MSMEs is driving measurable gains in throughput, reduced downtime, improved yield, and smarter decision-making

NITI calls for inverted duty correction to boost electronics exports

India faces 14-18 per cent cost disadvantage against peers, says report

Dabur opens first South India manufacturing plant, to invest ₹400 crore

FMCG major begins work on its first South India manufacturing facility at Tindivanam, Tamil Nadu, with a ₹400 crore investment

India a hyper-growth market, says Carrier executive Michael Gierges

Carrier calls India a hyper-growth market, plans manufacturing expansion and aims to position the country as a regional export hub for HVAC solutions

Oman pitches downstream aluminium opportunities to Indian industry

Sultanate highlights incentives, energy cost advantages and export access as it invites Indian manufacturers to invest in downstream aluminium operations

Mahindra group to invest ₹15,000 crore over 10 years in Nagpur unit

Group would establish its largest integrated manufacturing facility for automobiles and tractors around the city

India’s growth strategy: How Budget 2026 keeps manufacturing in focus | Union Budget 2026 highlights

The Union Budget 2026–27 places manufacturing firmly at the heart of India’s growth strategy.

India's tax strategy: Attracting capital and tech, building resilience

Budget 2026-27 sharpens India's tax strategy to boost manufacturing, services, GCCs and digital infrastructure, while improving certainty and long-term investor confidence

Budget: Higher ECMS outlay, ISM 2.0 send strong signal to chip industry

Industry executives say Budget's higher allocation for ECMS and announcement of ISM 2.0 underline a renewed policy push to strengthen India's electronics manufacturing base and semicon supply chains

FY27 Budget to boost manufacturing, infra sectors: Crisil Intelligence

Crisil Intelligence said that the Budget aims to strengthen both manufacturing and services to support the next phase of growth