Manufacturing

AVPL International's New Facility to Create 10,000 Jobs for Youth

AVPL International's newest production plant is...

TVS Industrial's Industrial facility to Meet Growing Demand in Siliguri

The new industrial facility by TVS Industrial &...

India's Steel Industry Contributes 12% to National Greenhouse Emissions

India's steel sector accounts for 12% of the...

Human Mobile Devices Aims 4 Million Exports from India, Eyeing Global Growth

Human Mobile Devices is targeting to increase...

Maruti Suzuki Boosts Exports by 17%, Ships 1.81 Lakh Units in H1 FY24

Maruti Suzuki India, the largest automobile manufacturer, shipped out 1,81,444 units during the April-October timeframe this financial year, showing a 17 percent increase compared to the corresponding period last year. In the previous financial...

PLI Scheme Powers ₹1.10 Lakh Crore Revenue Boost for Smartphone Sector

The smartphone production-linked incentive (PLI) program in India has resulted in a revenue of ₹1.10 lakh crore for the government, which is 19 times the initial investment. With the support of Apple manufacturers and Samsung, the program has...

India Emerges as Global Precision Manufacturing Hub

India has become a leading center for precision manufacturing and sourcing on a global scale due to its technical skills, skilled labor force, cost advantages, and supportive government policies, as per industry experts. Prashanth Prakash...

Electronics Soars as India's Top Air Cargo Export, Ranks Third Overall

In terms of air cargo exports, electronics is currently the top export category in India, ranking third overall behind engineering and petrol. ICEA reported that the cumulative value of electronic exports during the financial year 2023-24 was USD...

India Eyes USD 50,000 Cr Electronics Boom by 2030

India has a set target of raising its electronics manufacturing to USD 50,000 crore by 2030, with a focus on generating electronic components valued at USD 1,500 billion. For the fiscal year 2024, India brought in electronics and telecom equipment...

Consumer Electronics Sales Surge 6% in September Quarter

Consumer electronics sales increased by 6% in terms of value during the September quarter. Despite a decrease in volume, the value of mobile phone sales, mainly from premium and 5G phones, increased by 7% year-on-year, with this category being the...

Government to Roll Out Incentives to Boost Electronics Manufacturing

India is set to launch a $5 billion incentive program to boost local production of electronic components, such as printed circuit boards, for gadgets ranging from mobile phones to laptops. The initiative aims to reduce reliance on imports...

Biesse India Powers Global Markets with 75% Export of Locally Made Machinery

Biesse India exports 75% of its locally produced machinery. Ahmed noted the minimal per capita furniture consumption in India, emphasizing the country's potential for growth in furniture manufacturing. To match Vietnam's furniture consumption...

Hyundai Motors Looking to Establish Renewable Facilities in Tamil Nadu

Hyundai Motor India Ltd (HMIL) announced plans to establish two renewable energy plants at its vehicle manufacturing unit in Tamil Nadu, as part of its commitment to transition to 100% renewable electricity across manufacturing operations by 2025....

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