As defence and space-tech ventures move from design to deployment, many are expanding testing, manufacturing and training operations into smaller cities to access land, airspace and lower costs
In this session, Karthikeyan Natarajan, CEO, Infinite Uptime, talks about the future of manufacturing & provides career tips to the B-Schoolers.
As many as 96 companies have been selected under the third round of the Production Linked Incentive (PLI) scheme for textiles with a total investment commitment of Rs 12,822.67 crore, the government said on Wednesday. The textile ministry said 22 new applicants have been cleared in the latest meet under the Round-3 of the Production Linked Incentive (PLI) Scheme for Textiles. The 22 newly approved companies are expected to bring in a total investment of Rs 2,339.14 crore, generate a projected turnover of Rs 15,561.34 crore in notified products, and create 36,217 employment opportunities across the textile value chain. "A total of 96 companies have been selected under Round-3 of the scheme with a total committed investment of Rs 12,822.67 crore and a projected turnover of Rs 58,294.18 crore," an official statement said. The approved applicants span key focus segments of the PLI Scheme, including Man-Made Fibre (MMF) Apparel, MMF Fabrics and Technical Textiles, thereby further ...
Today's Opinion page examines fertiliser subsidy reform, urban governance failures, market regulation, industrial financing and antibiotic resistance through the lens of institutional accountability
In this session, Sangeeta Singh, talks on automation, and provides career tips to the B-Schoolers. Note: The opinions expressed are those of the speaker and do not represent any company.
The government has constituted six sector-specific working groups to identify as many as 100 products for promoting their domestic manufacturing and reducing import dependence, an official said. "The aim is to promote indigenisation of those products," the official said. The groups will discuss the list of items for the purpose, and the final list prepared by them will be submitted to the cabinet secretariat within three weeks. The six groups are on pharmaceuticals, biotech and medical devices; chemicals and petrochemicals, textiles and footwear; capital goods, automotive and electric vehicles, advanced capital goods; energy; construction equipment and infrastructure; and defence and aerospace (only for items with civilian applicability) and electronics. The members of these groups are from different ministries and departments, including commerce, DPIIT, Niti Aayog, pharmaceuticals, economic affairs, science and technology, chemicals, textiles, heavy industry, ports and shipping, .
Deputy Prime Minister Thongsavan Phomvihane highlighted Laos' strategic location, policy reforms and incentives as he sought greater Indian investment and business partnerships
The government is in the process of finalising a new policy for coal gasification-based urea manufacturing and will be ready within a month, an official said, highlighting that the move will boost self-reliance and save foreign exchange, given the country's heavy dependence on imported natural gas, an official said. Speaking during a roadshow here to promote the government's coal gasification scheme, an official said, "We are in the process of making our new policy for coal gasification-based urea manufacturing and are reaching towards that and within one month we will be ready for that." "Since it is assured government business and we are highly dependent upon natural gases and as 25 per cent is imported from various countries that will be more beneficial for us in terms of self-reliance and foreign exchequer," he said. Coal Secretary Vikram Dev Dutt said the Ministry of Chemicals and Fertilisers has been working on the new urea policy for sometime, which has now been triggered wit
13.2 mtpa plant coming up on land once earmarked for South Korea's Posco
Industry body ICEA urges govt to set up high-level inter-ministerial group to ensure supply chain curbs do not upend the 'China Plus One' strategy
Rajasthan has doubled the tech upgradation grant under its export policy to boost competitiveness and support exporters adopting modern technology
Highlighting incentives, policy support and infrastructure push for the sector, the Centre and the Rajasthan government on Saturday pitched the state as a key destination for electronics and semiconductor manufacturing, urging investors to set up units while assuring full support. Union Electronics and IT Minister Ashwini Vaishnaw said Rajasthan has "immense potential" to emerge as a major hub in electronics manufacturing, noting that the sector has seen rapid growth under the leadership of Narendra Modi. He said the groundwork for setting up around 450 factories has been laid in the past two years, while 75 factories have been approved under the Electronic Components Manufacturing Scheme (ECMS) in the last year. Addressing an interactive session on the electronics and semiconductor sector along with Chief Minister Bhajanlal Sharma at the Chief Minister's Office, Vaishnaw urged investors to set clear targets for establishing manufacturing units, assuring that the "double-engine ...
According to the minister, the Centre expects states to provide a favourable environment to encourage industrial development
An inter-ministerial meeting was held with industry associations to discuss ways to boost the country's manufacturing, Commerce and Industry Minister Piyush Goyal said on Friday. He said that the government is committed to working closely with the industry to expand manufacturing capacities, enhance quality standards and strengthen competitiveness. A comprehensive meeting with officials from key ministries and leading industry associations was held to strategise on boosting domestic manufacturing, he said in a social media post. The meeting comes at a time when the government is working with the industry to identify about 100 products -- including those from the auto, chemicals, plastics and petrochemicals sectors -- that are either not produced or manufactured inadequately in India, as part of efforts to boost domestic production. The exercise is aimed at reducing the import bill of the country, as outflows of foreign exchange are impacting the value of the domestic currency again
India is steadily gaining ground in Apple's AirPods supply chain as Foxconn ramps up production at its Hyderabad facility
India produced more than 1 billion tonnes of coal in FY25 and possesses one of the world's largest coal reserves
The collaboration will focus on deploying ASML's holistic suite of advanced lithography tools and solutions for the Dholera Fab
Electronics manufacturing company Tata Electronics and Dutch semiconductor equipment major ASML have joined hands to enable chip manufacturing in India, a joint statement said on Saturday. The pact was announced during Prime Minister Narendra Modi's visit to the Netherlands. ASML is known for having monopoly in a category of lithography equipment which is critical for production of advance small size semiconductors. "Through this partnership, ASML will enable the establishment and successful ramp of Tata Electronics' upcoming 300 mm (12 inch) semiconductor Fab in Dholera, Gujarat. This collaboration is an important step in the context of the intensifying strategic collaboration between India and the Netherlands in the field of critical technologies, such as semiconductor technology," the statement said. Tata Electronics is setting up India's first semiconductor wafer fabrication plant, entailing an investment of Rs 91,000 crore. The collaboration between Tata Electronics and ASML
The Ministry of Heavy Industries has extended the bid submission deadline for the Rs 7,280-crore REPM manufacturing scheme to widen participation in the global tender process
Productivity per worker in small-scale manufacturing declines as firms hire more staff, according to a new government report