Page 6 - Manufacturing

India set to approve Geely-backed investment of $370 mn as China ties thaw

The proposed investment by Horse Powertrain, backed by Geely and Renault, would support local production of advanced hybrid engines and powertrains

Panasonic's battery manufacturing unit fears shutdown over waste rules

The company says compliance costs under the Battery Waste Management Rules could exceed profits, threatening the viability of its dry-cell battery manufacturing business in India

Beyond incentives: How states are competing for manufacturing investment

As states compete to attract manufacturers, experts say infrastructure, talent, logistics and sustainability are becoming as important as incentives

The Smart Shift: AI & Automation in Manufacturing

In this session, Siddhant Bery & Aayaan Bery, the next-gen leaders at KSP Inc., a manufacturing & export firm, talk about industrial automation, and provides career tips to the B-Schoolers. > >

India should curb primary aluminium exports to boost manufacturing: GTRI

The government should consider a host of measures, such as removing the import levy on unwrought aluminium, correcting the inverted duty structure, and imposing a 20 per cent export duty on the metal to boost domestic aluminium-based manufacturing, think tank GTRI said on Thursday. It said that India's tariff policies have created some major distortions in the aluminium value chain - encouraging metal exports, inflating raw material costs for manufacturers, and increasing dependence on imported finished products. Aluminium is one of the foundations of modern industrial economies. It is essential for power transmission, renewable energy, electric vehicles, railways, construction, packaging, aerospace, defence, and a wide range of consumer and engineering products. As India accelerates investments in infrastructure, clean energy, advanced manufacturing, and electric mobility, the demand for aluminium and aluminium-based products is expected to grow rapidly, the Global Trade Research .

MINI starts India production of Countryman C, prices SUV at ₹47.5 lakh

Locally manufactured SUV becomes the most affordable Countryman in India and strengthens MINI's domestic portfolio

Focus of manufacturing policy should be on new startups and tech growth

Perhaps the most important development challenge India faces at present is the revival of manufacturing growth and a greater prospect of achieving the 25 per cent target, articulated first in 2012 and

Adani, Jabil to partner for AI data centre hardware manufacturing venture

Adani Group and US-based electronics manufacturer Jabil Inc on Monday announced plans to form a strategic alliance to build a large-scale artificial intelligence (AI) and data centre infrastructure manufacturing platform in India, targeting both domestic demand and global exports. The proposed partnership aims to manufacture high-density AI racks, servers, storage systems, networking equipment and supporting power and cooling infrastructure, as India seeks to position itself as a global hub for AI hardware production. In a statement, Adani Enterprises and Jabil said the platform would target multi-gigawatt AI rack manufacturing capacity and cater to hyperscale cloud providers, colocation operators and enterprise data centres worldwide. The alliance combines Jabil's engineering and manufacturing expertise with Adani Group's infrastructure, renewable energy and data centre businesses to address what the companies described as rapidly growing demand for AI-ready data centre ...

Growing red tape raises fresh questions over India’s auto manufacturing push Business Standard Business Standard 6.86 lakh subscribers

India’s auto PLI scheme was designed to boost manufacturing and position the country as a global automotive hub. However, automakers say rising compliance requirements

The rise and rise of smallcaps: Strong earnings, robust demand

The dominance of India's largest companies too is gradually eroding

Defence, space-tech startups move beyond metros for testing, manufacturing

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

Manufacturing shift | Getting real about automation

In this session, Karthikeyan Natarajan, CEO, Infinite Uptime, talks about the future of manufacturing & provides career tips to the B-Schoolers.

Govt approves 96 companies in Round-III of PLI Scheme for textiles

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 ...

Best of BS Opinion: Reforming institutions, governance for a changing India

Today's Opinion page examines fertiliser subsidy reform, urban governance failures, market regulation, industrial financing and antibiotic resistance through the lens of institutional accountability

Leaders in an Automated World

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.

Govt forms 6 sector-specific groups to identify 100 products to boost mfg

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, .

Lao deputy PM pitches strategic partnership to Indian businesses

Deputy Prime Minister Thongsavan Phomvihane highlighted Laos' strategic location, policy reforms and incentives as he sought greater Indian investment and business partnerships

Govt finalising new policy for coal gasification-based urea manufacturing

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

JSW Steel breaks ground on ₹1 trillion steel mill in Odisha's Paradip

13.2 mtpa plant coming up on land once earmarked for South Korea's Posco

Electronics makers want govt action to assess twin Chinese decrees

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