Manufacturing

TVS SCS Bags 3-year contract from JCB For Vadodara unit

TVS Supply Chain Solutions, an Indian...

Motherson Group To join Apple supply chain in India with BIEL Crystal

The decision will establish the auto component...

Zetwerk and Smile in deal To Establish IT hardware factories in India

Contract manufacturing unicorn Zetwerk has...

Tata's Rs 27,000 crore Assam Chip Plant to be operational in 2025

The inauguration ceremony for Tata Electronics'...

Hindustan Zinc plans battery manufacturing Agreement with US Firm

Hindustan Zinc is planning to establish a...

Toyota To set up Manufacturing facility in Maharashtra

Automaker Toyota Kirloskar Motor announced...

Sansera Inks MoU with Karnataka To set up manufacturing facility

Sansera Engineering Limited agreed to expand...

Lubrizol To build its largest Manufacturing Plant in India

The Lubrizol Corporation recently entered into...

Remedium Lifecare To acquire technology To manufacture lithium carbonate

Remedium Lifecare, a pharmaceutical company,...

India Taking Steps To become Global Manufacturing Centre

India is continuing to experience rapid...

Govt Needs more Local Content in Electric Vehicle Manufacturing

The Ministry of Heavy Industries is in talks with stakeholders about a phased manufacturing programme (PMP) that mandates increased localisation for electric vehicle (EV) manufacturers to be eligible for the planned Faster Adoption and...

Indian Auto parts Sector Turnover Rises 9.8% to INR 6.14 lakh cr in FY24

ACMA has announced that the Indian auto component industry recorded a turnover of INR 6.14 lakh crore (USD 74.1 billion) in FY24, showing a growth of 9.8% from the previous year. Consistent vehicle production, a robust aftermarket, and higher...

Textile Sector Hails India Budget For MSME & Employment Boost

The Indian textile industry organizations have given a positive response to the 2024-25 India Budget, which was introduced by Finance Minister Nirmala Sitharaman, after conducting a thorough analysis. These groups have commended the overall...

Budget 2024: Customs Duty rejig To Promote Local Manufacturing

To promote domestic manufacturing and encourage the addition of value within the country, Budget 2024-25 has suggested decreasing or eliminating customs tariffs on various items such as gold & silver, mobile phones & chargers, medicines & medical...

Public Procurement Rules revised To Promote Local Manufacturing

To enhance the Make in India campaign, the government has made public procurement rules stricter by not including imported inputs in calculating local content for purchase orders. The Department for Promotion of Industry and Internal...

India's Manufacturing Industry Witness More Jobs

The manufacturing industry in India seems to be gaining momentum, indicating an increase in employment opportunities. The most recent information from Indeed, the top global platform for hiring and matching, shows an increase in job openings in...

India's Electronic Output Hits 3% of GDP Valued at USD 115 Billion

In the July 2024 monthly bulletin of the Reserve Bank of India (RBI), it was noted that India's electronic output has increased to 3% of its GDP in 2023-24. The bulletin also pointed out that the value of electronics manufactured has increased...

Godrej & Boyce To Establish Manufacturing Facility in Chennai

Vikas Choudaha, executive vice-president and business head of Godrej Solutions, has stated that Godrej and Boyce will invest approximately Rs 350 crore to Rs 400 crore in establishing a new manufacturing plant on the outskirts of Chennai to...

Henkel Boosts Production with Adhesives Manufacturing Facility in India

Henkel India has accomplished the expansion of its manufacturing plant in Kurkumbh, Maharashtra, near Pune. The Kurkumbh site, which was founded in 2020, caters to the increasing need in Indian industries for cutting-edge adhesive, sealant, and...