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
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 ..
Day 5 of the India-AI Impact Summit in New Delhi focused on global partnerships, semiconductor supply chains, AI sovereignty, and workforce transition.
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 .
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 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
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
India faces 14-18 per cent cost disadvantage against peers, says report
FMCG major begins work on its first South India manufacturing facility at Tindivanam, Tamil Nadu, with a ₹400 crore investment
Carrier calls India a hyper-growth market, plans manufacturing expansion and aims to position the country as a regional export hub for HVAC solutions
Sultanate highlights incentives, energy cost advantages and export access as it invites Indian manufacturers to invest in downstream aluminium operations
Group would establish its largest integrated manufacturing facility for automobiles and tractors around the city
The Union Budget 2026–27 places manufacturing firmly at the heart of India’s growth strategy.
Budget 2026-27 sharpens India's tax strategy to boost manufacturing, services, GCCs and digital infrastructure, while improving certainty and long-term investor confidence
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
Crisil Intelligence said that the Budget aims to strengthen both manufacturing and services to support the next phase of growth
China has seen weakening momentum in the economy in recent months, with few signs policymakers intend to unleash major stimulus as they continue to battle risks tied to local government debt
Budget 2026 prioritises fiscal prudence and structural reforms, betting on manufacturing, technology and exports to build a Viksit Bharat by 2047
Manufacturers still have excess capacity to utilise, hindering new investments
Budget 2026 unveils a Rs 10,000 crore container manufacturing scheme, adds 20 new waterways and tax reforms, with global players like MSC, Maersk and Adani showing interest in India-made containers