Manufacturing

Indichip and YMTL to Invest ₹14,000 Cr in Andhra Semiconductor Plant

In a major achievement for India’s quest to...

India's Industrial Output Hits 6-Month High at 5.2% in November 2024

India's industrial output, as gauged by the...

India Explores Incentives to Expand EV Battery Manufacturing

The battery manufacturing sector has been...

Jupiter International Expands Solar Production to Lead the Industry

Solar Solutions Company Jupiter International...

India to Ink Geology and Exploration Pact with Mongolia

India is anticipated to soon sign a preliminary...

Telangana Govt Empowers Women SHGs to Establish Solar Power Facilities

Telangana Govt has proposed producing 1,000 MW...

PLI Scheme Struggles with Underutilized Mobile Manufacturing Capacities

Up to half of the mobile phone manufacturing...

Mahindra Unveils Advanced EV Manufacturing Hub at Chakan for Next-Gen SUVs

Automaker Mahindra launched its advanced...

India's Retail Automobile Sales Up 9.1% in 2024, Reaching 2.61 Crore Units

In 2024, retail automobile sales in India...

CCI Approves Tata Electronic's Majority Stake Acquisition in Pegatron India

The Competition Commission of India (CCI)...

India's Metal and Mining Firms Gain Spotlight in Stagnant Global Market

Indian metal and mining firms are becoming a significant highlight in a global market facing stagnant commodity volumes, according to a report by Jefferies. The report emphasized India's strong steel production increase of 22 percent from 2019 to...

Sandvik Acquires FASTech to Strengthen CAM Market Presence

Sandvik has acquired the assets of FASTech, a reseller based in the US that specializes in Computer-Aided Manufacturing (CAM) solutions within the Mastercam network. This acquisition seeks to enhance Sandvik's standing in the CAM market while...

16.15 Lakh Electric Vehicles Benefit from FAME India-II Scheme

The government stated that 16.15 lakh electric vehicles (EVs) have received incentives through the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India)-II scheme. It encompasses 14.27 lakh electric two-wheelers...

Rane and ZF Gear Up to Launch Electric Power Steering Systems in India

Auto parts manufacturers Rane and ZF announced their intentions to launch rack drive electric power steering system technologies in the local market. The two firms intend to launch the new product line via their current joint venture -- ZF Rane...

Coal Output Hits Record 18.4 MT in December From captive and commercial mines

The month of December saw the record monthly coal output from both captive and commercial mines, with a total production of 18.40 MT for the month. Coal output hit a record peak of 1,039.59 million tonnes (provisional) in 2024, representing a...

India Approves $3B Incentive to Boost Electronics Manufacturing

The finance ministry has approved an incentive scheme of almost $3 billion (around 25,000 crore) designed to boost local production of electronic components. Conversations between the Ministry of Electronics and IT (MeitY)—the key ministry...

Govt To Unveil PLI Scheme 1.1 to Strengthen Steel industry

The government plans to launch the next stage of its Production-Linked Incentive (PLI) scheme for the steel industry on January 6th. The newly introduced program, called ‘PLI scheme 1.1’, aims to boost the local manufacturing of specialty steel...

Goodluck India Launches Hydraulic Tube manufacturing at Bulandshahr Facility

Goodluck India has formally commenced the commercial production at its hydraulic tube manufacturing facility located in Bulandshahr, Uttar Pradesh. It is leading to a crucial advancement in addressing the increasing need for superior hydraulic...

Coal Sector Records 7.5% Growth in November 2024, Reaching 199.6 Points

As per the Index of Eight Core Industries (Base Year 2011-12) published by the government, the coal sector has shown a growth of 7.5 percent (provisional) reaching 199.6 points in November 2024, up from 185.7 points in the same month last year...