Manufacturing

Coal India Ltd Raises Coal Prices by ₹10 Per Tonne from April 16

Coal India (CIL) announced that it has...

India's Manufacturing Expands as PMI Rises to 58.1 in March

According to data published by HSBC and...

L&T Technology Services secures €50M deal with European auto manufacturer

L&T Technology Services (LTTS) has announced a...

Copper Demand in India to Grow 7% Due to Energy and Infrastructure

Driven by increasing usage in the renewable...

Cabinet approves ₹22,919 cr PLI scheme for non-semiconductor components

The Union Cabinet, led by Prime Minister Narendra Modi, has green-lit the long-awaited production-linked incentive (PLI) scheme for non-semiconductor electronics components at an outlay of ₹22,919 crores, Union Electronics and IT Minister Ashwini

Customs Duty Cuts, Levy Withdrawals Ongoing, Not Tied to Global Events: FM

Recently, India's Finance Minister Nirmala Sitharaman made it clear again that the process of rationalizing customs duties and withdrawing the 6 percent equalization levy initiated in 2023 was independent of any global developments and will move on.

Lubrizol Announces New Tech & Innovation Hub in Maharashtra

Lubrizol has announced the intention to set up a cutting-edge Technology and Innovation Center in Maharashtra, a major milestone as the company's first such facility globally.

Dixon, Signify partner for OEM business in lighting products & accessories

Dixon Technologies, under the leadership of Sunil Vachani, and the Dutch multinational, Signify (previously known as Philips Lighting), have entered into a binding term sheet to establish a partnership in India, as an original equipment manufacturer

Waaree Energies Expands Solar Manufacturing with Key Executive Leaderships

Waaree Energies Ltd is leading solar module manufacturer, has announced expansion in production as well as shifts in the top management staff.

65 percent of Defence Gear Now Made in India; Russian Army Uses Bihar-Made Boots

Defence equipment manufacturing now stands at 65 percent indigenous, a "considerable change" from the previous 65-70 percent import reliance that reflects India's indigenousness in the field, the government added. Defence production in India has...

India exempts Import Duties on key EV Battery to boost Manufacturing

On Tuesday, India stated there would not be any import duties on several items used to produce electric vehicle batteries and mobile phones, as part of a wider reduction of tariffs to assist local manufacturers

Companies to Invest ₹17K Cr in Specialty Steel Under PLI Scheme

According to an official statement, 25 companies signed 42 agreements with the government to produce high-grade steel, with an approximate investment of Rs 17,000 crore as part of the second phase of the PLI Scheme for specialty steel...

Ati Motors introduces Sherpa XT Lite AI for smarter electronics handling

Ati Motors, a worldwide leader in AI and autonomous robotics, reveals the launch of its innovative Sherpa XT Lite, an autonomous electric tug that streamlines the movement of delicate electronic parts to transform material handling...

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