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DOMESTIC MANUFACTURING
Trade gap seen as by-product of India's development stage, investment needs, energy dependence: Govt to ParliamentIndia's imports grew significantly, reflecting domestic demand and manufacturing expansion, the govt said. The trade deficit highlights dev...- Whirlpool invests over Rs 245 crore to expand refrigerator manufacturing capacity in IndiaWhirlpool India has expanded its refrigerator manufacturing capacity with a new production line. This investment aims to meet growing deman...
- Investor interest in Indian shipyards hinges on faster execution: DrewryForeign investors are evaluating Indian shipyards for future opportunities. The nation must quickly expand capacity and strengthen its supp...
- Pentagon says US drone production still trails Ukraine by wide marginThe United States faces significant challenges building its domestic drone industry. Ukraine currently produces millions of small attack dr...
- Govt sets up task force for toy sector; to boost manufacturing, global shareA new task force will identify ways to increase India's toy market share. The goal is to reach five percent of the global market by 2032. T...
- China begins making homegrown DUV chipmaking tools: The InformationThe machines are expected to be delivered this year to leading Chinese chipmakers, including Semiconductor Manufacturing International Co...
- India begins to China-proof its infra push after the TBM shockIndia is accelerating efforts to localise mining and construction equipment manufacturing after Chinese export delays disrupted supplies of...
- US tariff proposal wake-up call for Indian pharma to diversify, innovate: ExpertsUS pharma tariffs: Experts have urged a shift towards global diversification and prioritising innovation for Indian pharma to lessen market...
- India's battery chemicals ecosystem set for rapid expansion as ACC demand surges: NuvamaIndia is shifting towards a domestic battery chemicals ecosystem, with advanced chemistry cell demand projected to grow significantly in co...
- ETtech Explainer: Ecommerce export FDI policy opens opportunities, but raises compliance questionsIndia's FDI rules prohibit ecommerce companies from holding inventory, requiring them to operate on a marketplace model to prevent large in...
- Import curbs for six months on suspension grade PVC resinThe government has restricted imports of low-priced suspension-grade PVC resin for six months by introducing a minimum import price, while ...
- Govt disburses Rs 35,354 crore as on March 31 under PLI schemes: Jitin PrasadaProduction Linked Incentive schemes, which aim to boost manufacturing and attract significant investments, have disbursed Rs 35,354 crore t...
- White House report says US relies too heavily on foreign STEM talent, calls for stronger domestic pipelineA recent US report advocates for minimizing dependence on international STEM graduates for national security purposes. It highlights how Am...
- Govt opens inventory-based e-commerce to foreign direct investment for exports onlyThe government has permitted foreign direct investment in an inventory-based e-commerce model. This new policy exclusively applies to the e...
- India's solar push idles factories unable to shake reliance on ChinaIn a concerning turn for India's renewable energy sector, solar panel manufacturers are ceasing production because vital components are in ...
- Solar cell makers flag investor jitters over sourcing rule reliefIndia extended a solar cell sourcing exemption for certain projects by seven months. Local manufacturers express concerns about this decisi...
- Indian seamless pipe manufactures add USD 1.4 bn in forex annually: Industry bodyIndian seamless pipe manufacturers contribute USD 1.4 billion annually in foreign exchange. This significant contribution comes from import...
- NAN MagneTech to invest Rs 1,250 crore in Andhra Pradesh for rare earth magnet plantNAN MagneTech will invest Rs 1,250 crore in Andhra Pradesh for a new facility. This plant will be India's first integrated rare earth magne...
- Subsidy deadline may be extended for electric-two-wheelers; PM E-Drive scheme needs more fundsThe Ministry of Heavy Industries is considering extending subsidies for domestically manufactured electric two-wheelers beyond the current ...
- India identifies $51 billion in critical imports for domestic manufacturing pushIndia seeks to increase domestic production for $51 billion in imports. This initiative targets critical manufacturing inputs across variou...
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