The government has approved 52 new applications under the Production Linked Incentive (PLI) scheme for the textile industry, which is the third phase. According to the Ministry of Textiles, these applicants have committed to investing 6,708 crore rupees, which is expected to generate an...
domestic production
economic growth
employment opportunities
government approval
india
investment
man-made fibers
manufacturing
pli scheme
production linked incentive
revenue generation
technical textiles
textile industry
textile sector
The government has approved 52 new applications under Round III of the Production Linked Incentive (PLI) Scheme for Textiles. The Ministry of Textiles stated that these applicants have committed an investment of ₹6,708 crore, with an expected turnover of ₹21,186 crore. The approved proposals are...
Gandhinagar, April 10 – Gujarat has taken a step to further strengthen its collaboration with Taiwan in advanced manufacturing, with the signing of a Memorandum of Understanding (MoU) to establish an India-Taiwan Industrial Park in the Sanand–Dholera region, officials said on Friday.The...
electric vehicles
electronics
foreign direct investment
gujarat
india
industrial cooperation
industrial corridor
industrial park
manufacturing
memorandum of understanding
robotics
sanand–dholera
science and technology
semiconductors
taiwan
technology sector
Ahmedabad, April 10 The Gujarat government signed a memorandum of understanding (MoU) with Taiwan-based Allegiance International Co Ltd on Friday to develop an Indo-Taiwan Industrial Park in the Sanand-Dholera region, aimed at boosting investments in semiconductors and related sectors.The...
allegiance international
economic development
electronics
foreign direct investment
gujarat
gujarat government
india
industrial parks
investment
job creation
manufacturing
mou
science and technology
semiconductors
supply chains
taiwan
technology
Beijing/Shanghai, April 10 A delegation from the Confederation of Indian Industry (CII), currently on a visit to China, has interacted with Chinese businesses to explore opportunities for strengthening bilateral economic cooperation.The delegation, led by CII President Rajiv Memani, is the...
atma nirbhar bharat
business delegation
china
cii
consulate general of india
digital economy
economic cooperation
india
industry
investment
manufacturing
pli schemes
shanghai
supply chains
technology collaboration
trade
viksit bharat
New Delhi, April 10 Three individuals have been apprehended for their alleged involvement in the manufacturing and supply of counterfeit two-wheeler spare parts, an official here said on Friday.Acting on information, a team from the crime branch conducted coordinated raids in Inderlok...
New Delhi, April 9 State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) announced on Thursday that it has signed a Technology Collaboration Agreement (TCA) with the Korean firm E2S Company Ltd for excitation systems for synchronous machines.This TCA will enable BHEL to design...
bharat heavy electricals ltd
bhel
brushless excitation systems
e2s company ltd
engineering
equipment
excitation systems
india
international trade
korean companies
make in india
manufacturing
power generation
static excitation systems
synchronous machines
technology collaboration agreement
Mumbai, April 8 Global digital infrastructure company, Equinix, announced on Wednesday the opening of its fourth data center in the financial capital, built with an initial investment of USD 95 million.The data center provides more than 1,370 cabinets of capacity, according to a statement.*...
capacity expansion
data centers
dbs foundation
entrepreneurship
equinix
financial sector
grant
gujarat
india
investment
manufacturing
mumbai
nocil
philanthropy
rubber chemicals
New Delhi, April 8 Domestic consumption of finished steel grew by 7-8 per cent to 164 million tonnes in FY26, driven by increased activity in the infrastructure, construction, railways, and manufacturing sectors.The country's crude steel output grew by over 10.7 per cent to around 168.4...
Bengaluru, April 8 Bengaluru-based defence PSU BEML Ltd announced on Wednesday that it had signed a memorandum of understanding (MoU) with DMRC to collaborate on metro rail projects and expand its presence in global markets, while also exploring domestic opportunities.The MoU aims to establish...
beml ltd
dmrc
domestic opportunities
india
infrastructure projects
international markets
manufacturing
memorandum of understanding
metro rail projects
metro systems
rail transportation
rolling stock
shantanu roy
urban mobility
vikas kumar
Bhubaneswar, April 8 Odisha Chief Minister Mohan Charan Majhi launched 36 industrial projects worth Rs 40,811 crore on Wednesday, which are expected to generate 59,000 jobs, officials said.Of the 36 projects, Majhi inaugurated 11 industrial units and laid foundation stones for 25 others in the...
agriculture
bhubaneswar
cement
chief minister
economic development
government initiatives
green energy
industrial infrastructure
industrial projects
investment
job creation
khordha district
manufacturing
odisha
textiles
tourism
Lucknow, April 8 Chief Minister Yogi Adityanath handed over the land allotment letter for 75 hectares in the Chitrakoot node of the Uttar Pradesh Defence Industrial Corridor to Bharat Electronics Limited Chairman and Managing Director Manoj Jain on Wednesday."This initiative will play an...
Mumbai, April 8 Aimtron Electronics, based in Gujarat, has secured turnkey orders worth Rs 57.66 crore for industrial IoT (IIoT) and AI surveillance solutions.The projects are expected to be completed within the next 12 months, the electronics system design and manufacturing (ESDM) firm said...
Washington, April 8 – The United States has described its trade relationship with China as “stable,” while warning that the global trading system risks becoming “less relevant” if reforms are not undertaken, US Trade Representative Jamieson Greer said.Speaking at the Hudson Institute on...
New Delhi, April 7 At least 25 companies, including JSW Group, Vedanta, Hindustan Zinc Ltd (HZL), and NLC India, participated in a pre-bid conference for the Rs 7,280-crore scheme to promote the manufacturing of sintered rare earth permanent magnets, organized by the heavy industries ministry on...
Amaravati, April 7 – The Andhra Pradesh State Investment Promotion Board (SIPB) approved 31 projects worth ₹39,436 crore on Tuesday, with the potential to create over 1.11 lakh direct jobs.At a meeting chaired by Chief Minister N. Chandrababu Naidu, the SIPB gave approval to projects in key...
agriculture
andhra pradesh
circular economy
economic development
food processing
industrial development
it sector
job creation
manufacturing
quantum valley
rayalaseema
renewable energy
solar energy
state investment promotion board
sustainability
New Delhi, April 7 At least 25 companies, including JSW Group and NLC India, participated in a pre-bid conference for the ₹7,280-crore scheme to promote the manufacturing of sintered rare earth permanent magnets, organized by the heavy industries ministry on Tuesday, sources said.The...
bid process
electric vehicles
government scheme
heavy industry
india
jsw group
magnetic materials
manufacturing
nlc india
permanent magnets
rare earth magnets
renewable energy
request for proposal
rfp
sintered magnets
supply chain
New Delhi, April 7 DRDO chief Samir V Kamat stated on Tuesday that the biggest challenge in materials development is its 10-15 year cycle, while system development cycles are "continuously shrinking."Unless the materials development cycle "keeps pace" with the system development cycle...
additive manufacturing
aerospace materials
atmanirbhar bharat (self-reliant india)
critical raw materials
defense research and development (drdo)
india
indian air force (iaf)
industrial strategy
maintenance command
manufacturing
materials development
materials science
rare earth metals
supply chain security
technology development
tungsten
New Delhi, April 7 Defence Research and Development Organisation (DRDO) chief Samir V Kamat said on Tuesday that the biggest challenge in material development is that it takes 10-15 years, while the system development cycle is "continuously shrinking".And, unless the material development cycle...
artificial intelligence/machine learning
atmanirbharta
centre for aerospace power and strategic studies
defense research and development
drdo
india
indian military review
manufacturing
material development
material science
rare earth metals
samir v kamat
strategic materials
system development cycle
technology development
tungsten
New Delhi, April 7 Jindal Stainless Ltd (JSL), the country's leading stainless steel manufacturer, announced Bollywood superstar Ranveer Singh as its first-ever brand ambassador and nationwide celebrity endorser on Tuesday.This collaboration marks a key move to enhance brand visibility and...
aerospace
brand ambassadorship
company expansion
facility expansion
global operations
india
infrastructure
jindal stainless
manufacturing
material science
ranveer singh
stainless steel
steel industry
transportation