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LOCAL MANUFACTURING
Mumbai’s first non-ac local train set to have automatic sliding doors, improved legroom, CCTV cameras, fire detection systems and emergency communication facilities; check detailsMumbai latest news: Mumbai's suburban railway prepares to introduce a new non-AC local train with automatic doors for passenger safety. Thi...- DPIIT seeks Fillip for local mfg of 100 goods in budgetDPIIT has examined 500 heavily imported products to identify opportunities for boosting domestic manufacturing. The department plans to sha...
- Diwali Patakha from China: The world's fireworks capital is reinventing its centuries-old industryLiuyang in China's Hunan province is a significant hub for global fireworks production. The county supplies around 60% of the domestic fire...
- The great Indian biscuit battle begins: Can Reliance crack the code?Reliance Consumer Products Ltd is set to foray into India's competitive biscuit market, with an aim to leverage affordable pricing and a wi...
- Govt working on telecom PLI with focus on higher local value additionThe Ministry of Communications is preparing to propose a second edition of the telecom production-linked incentive scheme. This new scheme ...
- China blocks SoftBank's $5.4 billion acquisition of ABB RoboticsChina has blocked SoftBank’s $5.4 billion acquisition of ABB’s robotics business, disrupting the Japanese group’s AI-powered robotics expan...
- Centre planning to use component scheme to feed chip ecosystemInvestment approvals under ECMS may therefore focus on items like precision-manufacturing equipment such as micro-tools, computer numerical...
- Karnataka: At IKEA store launch, Shivakumar seeks more jobs for KannadigasChief Minister DK Shivakumar inaugurated IKEA's second store in Bengaluru, urging the company to prioritize local hiring. He emphasized the...
- Big FMCG companies outgrow market as smaller rivals get squeezed by costs and slowing rural demandIndia's fast-moving consumer goods sector has experienced a slowdown in volume growth amid rising costs. Rural demand has weakened, impacti...
- Mercedes plans bigger India play with greater localisation of partsMercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to ...
- India’s solar components market to more than double to $7.8 billion by March 2028: CEEWIndia's market for solar module components is projected to exceed $7.8 billion by March 2028. This growth is primarily driven by increased ...
- Battery component makers may get up to 50% capital subsidyThe ministry of heavy industries is evaluating various subsidy models to enhance domestic battery component manufacturing capacity. Propose...
- Peppermint Robotics raises Rs 100 crore led by pi Ventures, Crane Venture PartnersThe company was founded in 2019 by Runal Dahiwade, and has raised Rs 150 crore to date. It also develops autonomous robots for material tra...
- BMW Q3 profit falls 15% as China competition weighsBMW reported a 15% year-on-year decline in third-quarter net profit to 1.45 billion euros, a day after issuing its second profit warning of...
- Airbus wants more 'Made in India' aircraft parts: From titanium to complex assemblies, here's what company plans to source nextAirbus plans to increase its annual sourcing of components and services from India to USD 2 billion before 2030, up from the current USD 1....
- Budget 2027: Customs duty relief on 118 goods under reviewThe Indian government is currently reviewing customs duty concessions applicable to 118 products set to expire. This review involves input ...
- Solar module cos seek more time to comply with local sourcingSolar module manufacturers in India are raising concerns about the local availability of cells for production. They have requested an exten...
- Vaishnaw visits BEML facility building India’s first bullet train for Mumbai-Ahmedabad corridorBharat Bullet Train is being developed for the Mumbai-Ahmedabad High Speed Rail corridor, emphasizing indigenous technology. Railway Minist...
- Omron Healthcare eyes Chennai as global manufacturing hub, targets 3 million BP monitors by 2028Omron Healthcare has commenced full-scale production at its new facility near Chennai for blood pressure monitors. The company aims to prod...
- India considers measures to boost local production of 100 critical inputs to cut import reliance, government official saysIndia is taking steps to encourage the local manufacturing of 100 key items that are currently imported. This initiative aims to decrease d...
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