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INDIAN MANUFACTURING
Govt tightens drug quality net, initiates 950 actions since 2022: Over 1,100 cough syrup makers facing intensive audits amid quality concernsThe government has initiated 950 enforcement actions against pharmaceutical companies since December 2022. These actions aim to improve the...
Defence Ministry floats Rs 1 lakh crore tender for transport aircraftIndia's defence ministry has embarked on a pivotal initiative to procure new military transport aircraft, with an investment of around one ...
Tata, Mahindra, HAL in race as govt floats Rs 1 lakh crore IAF tender for 60 aircraftThe Defence Ministry has issued a tender worth one lakh crore rupees. Sixty multirole transport aircraft will be purchased for the Indian A...
Paper industry seeks immediate anti-dumping duty on paperboard imports from IndonesiaIndian paper manufacturers seek anti-dumping duties on Indonesian paperboard imports. Cheap imports caused significant losses to local prod...
From welfare facilities to working conditions: What manufacturing employees are entitled to under new labour code rulesEmployees working in manufacturing sector can clarity on what benefits they are entitled to and what their employer must provide, under new...
ISM 2.0 will offer 30% capital subsidy, five-year PLI for chip ecosystemThe PLI will be set at 10% of the domestic bill of materials (BoM) value in the first year, staggered to 8%, 6%, 4% and 2% over the next fo...
RSWM, Spain's NDS9 form JV to set up Rs 186 crore premium apparel facilityRSWM Ltd and Noize Design Studio have formed a joint venture for premium apparel. LNJ NDS9 Global Private Ltd will focus on denim and activ...
Quote of the day by Sadhguru: ‘Suffering is not showered upon us, it is manufactured. And the manufacturing unit is in your mind. It is time to...’, what the Indian guru teaches about the mind and sufferingSadhguru, in a blog post, explained that attention naturally moves towards whatever we consider important. He said suffering is not simply ...
Indian manufacturers turn to air freight as West Asia crisis disrupts sea shipmentsIndian manufacturers are airlifting components to ensure festive season production continuity. Sea freight delays and congestion are making...
India must build export-oriented medical devices industry, says pharma secretaryTo bolster India's medical device industry, a strategic pivot toward international markets and enhanced global presence is essential. Foste...
China tightens business visas for Indians, disrupting manufacturing operationsIndian executives report significant difficulties obtaining Chinese business visas recently. Visa application approvals have dropped sharpl...
Lok Sabha clears tax bill to boost electronics manufacturing, ease investment rulesThe Lok Sabha approved a bill promoting domestic electronics manufacturing and foreign investment. Foreign firms producing electronics loca...
France submits proposal for 114 Rafale fighter jet deal with India, offers large-scale local manufacturingFrance submitted its technical and commercial proposal for 114 Rafale fighter jets. Ninety-four aircraft will be manufactured in India with...
KKR veterans Sanjay Nayar, Johannes Huth to anchor Rs 2,500-crore buyout fund Arjav CapitalThe fund has secured commitments of Rs 650-700 crore from family offices, including those of former Bharti Enterprises vice chairman Akhil ...
Govt notifies norms to facilitate ecommerce firms undertaking inventory-based online exportsForeign investment is now permitted in export-only ecommerce inventory operations. Companies must register as Exporter-on-Record to stock g...
Commerce ministry notifies norms for inventory-based e-commerce exportsNew government norms permit foreign investment in inventory-based e-commerce for exports. Companies must register as Exporter-on-Record to ...
Six in ten Indian companies believe AI to play a significant role: PWCIndian manufacturers anticipate artificial intelligence significantly aiding strategic goals within five years. This optimism surpasses glo...