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INDIA LOCAL MANUFACTURING
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...
PM Modi pushes to cut imports to shield India from shocksIndia is likely preparing a major import substitution drive as geopolitical tensions and supply chain risks push the government to reduce d...
Indo-MIM said to cut IPO size to $420 million in July launchPrecision engineering firm Indo-MIM is set to launch its IPO later this month, targeting around $420 million after trimming the issue size ...
India, Spain explore stronger partnership across trade, manufacturingIndia and Spain are exploring enhanced economic cooperation in trade and investment. Minister Piyush Goyal met his Spanish counterpart to d...
Digital content is driving demand for physical toys in India, says MattelRising screen time is surprisingly increasing toy purchases among Indian children. Digital content inspires children to recreate online wor...
The numbers behind India's electric mobility boom: A 12-fold leap in a 30 mn EV marketIndia's electric vehicle market is set for substantial growth by 2032. Sales are expected to rise significantly, driven by consumer appeal ...
Daiki Axis setting up 3rd plant in India, bets big on sustainable water treatment sectorJapan's Daiki Axis will invest Rs 200 crore for a new manufacturing facility in Tumakuru, Karnataka. This facility will produce decentraliz...
Indian Army plans to induct 450 Carl Gustaf M4 rocket launchers. Here's what they can doThe Indian Army will induct 450 Carl Gustaf M4 rocket launchers soon. This lighter weapon enhances infantry firepower and operational effec...
Naveen Jindal plans Rs 70,000 cr investment in Jharkhand in steel, nuclear, RE spaceNaveen Jindal Group plans significant investments in Jharkhand's industrial sector. Over Rs 70,000 crore will fund steel, nuclear, and rene...
Vivo-Dixon deal approval reveals India's new China playbookThe landscape of Chinese investments in India is transforming as the nation moves past earlier restrictions. The establishment of the Vivo-...
Nuclear equipment makers expand capacity as India opens sectorIndian nuclear equipment makers are expanding capacities for anticipated increased demand. New legislation allows private companies to esta...
Bellatrix Aerospace eyes 5x revenue jump as production scales upBengaluru-based Bellatrix Aerospace expects revenue to reach "a few tens of crores" in FY27, from just about Rs 2 crore each year over the ...
Government waives basic customs duty on key inputs for electronics manufacturingThe government has waived customs duty on key electronic components. This move aims to boost domestic manufacturing of smartphones and lapt...
Indian transformer makers shrug off re-entry of China; Capacity ramp-up and strong demand offset competitionIndian transformer producers exude confidence in the face of new rules that allow Chinese competition. Their strong order books and ongoing...
Google to plant its AI flag in India: What it means for the countryIn a major shift for India's AI ecosystem, Google Cloud is bringing its latest Gemini AI models to infrastructure located within the countr...
Air-cooled condenser makers urge review of Chinese firms' entry into thermal power contractsACC systems are used in dry-cooling systems at thermal power plants and are typically sub-contracted as part of larger engineering, procure...
BHEL collaborates with thyssenkrupp nucera IndiaBharat Heavy Electricals Limited has partnered with thyssenkrupp nucera India for local manufacturing. This collaboration focuses on alkali...