Manufacturing

India’s Electronics Industry Warns of Rising Competition from Saudi & UAE

India's electronic industry has reacted with...

BHEL, Adani Energy Join Hands for 6,000 MW HVDC Transmission Project

Bharat Heavy Electricals Limited (BHEL) formed...

Swaraj Tractors, Mahindra Susten Collaborate on 26 MW Solar Expansion

Swaraj Tractors as part of Mahindra Group has...

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...

Foxconn to scale up iPhone production in India, reaching 25-30 million units

Foxconn plans to manufacture 25-30 million Apple iPhones at its plants in India this year, representing more than a twofold rise compared to last year's production. According to sources familiar with the plans, this occurs as Apple broadens..

German Chemical Firm to Invest $1.5 Bn in India: Commerce & Industry Minister

One of the top German chemical firms will be investing $1.5 billion in India, with a state already identifying a site for the project. The development was announced by Commerce and Industry Minister Piyush Goyal, who highlighted India's enhancing...

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

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