Manufacturing

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...

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

Indian metal and mining firms are becoming a...

Sandvik Acquires FASTech to Strengthen CAM Market Presence

Sandvik has acquired the assets of FASTech, a...

16.15 Lakh Electric Vehicles Benefit from FAME India-II Scheme

The government stated that 16.15 lakh electric...

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...

PLI Scheme Set to Boost India's Advanced Automotive Tech Manufacturing

The Production Linked Incentive (PLI) program seeks to improve India's manufacturing strength in Advanced Automotive Technology (AAT) goods, tackle cost challenges, and create a strong supply chain. Mahindra & Mahindra and Tata Motors have...

India's Manufacturing PMI slips to 56.4, ending 2024 on a Soft Note

India's manufacturing industry concluded 2024 on a weaker note, with the PMI for December decreasing to 56.4, the lowest figure recorded for the year. As per HSBC data, the number, which dipped slightly from November's 56.5 and fell short of the...

Maruti Suzuki Boosts Auto Industry with 24% Rise in December Volumes

The performance of the Auto Industry in December was bolstered by market leader Maruti Suzuki, which experienced a 24% increase in wholesale volumes compared to the previous year, totaling 130,117 units. The firm recorded its highest retail sales...

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