manufacturing

New Delhi, April 6 Several companies, including Vedanta and Hindustan Zinc Limited, are likely to participate in a pre-bid conference for the Rs 7,280-crore scheme to promote the manufacturing of sintered rare earth permanent magnets, announced by the Heavy Industries Ministry on Tuesday...

Mumbai, April 6 Steelbird Hi-Tech India, a helmet manufacturer, announced on Monday that it aims to achieve revenue of ₹1,000 crore this fiscal year, as it plans to launch 12 new models across various categories, including mid and premium segments.However, the company's long-term target...

Industry bodies have welcomed the government's decision to grant customs duty exemptions on a wide range of critical petrochemical products. Speaking to the media, Ravi Rathod, General Manager for Policy and Strategic Affairs at Involution Healthcare Private Limited, stated that the decision to...

New Delhi, April 3 INOX Air Products announced on Friday that it has commissioned its first ultra-high purity (UHP) liquid oxygen facility in Hosur, Tamil Nadu, aiming to support India's semiconductor and solar manufacturing sectors.The plant produces 6N grade (99.9999 per cent purity) liquid...

Indore, April 3 Consumers in Indore, known for its world-famous namkeen, are feeling the financial strain, as their favorite 'sev' and 'gathiya' have become more expensive by Rs 10 to Rs 20 per kg due to rising fuel and packaging material prices amid the ongoing conflict in West Asia.Indore is...

New Delhi, April 3 The one-time duty concession for manufacturing units in SEZs will provide them with limited access to the domestic market while preserving their export-oriented nature, experts said on Friday.However, the relatively modest duty relief somewhat diminishes the potential...

New Delhi, April 3 The government held discussions on Friday about measures to encourage companies to increase the production of induction heaters and compatible utensils, amid rising demand for these products due to concerns over LPG availability following the West Asia crisis, an official...

New Delhi, April 3 The Delhi Police has busted a counterfeit toothpaste manufacturing unit operating in the outer Delhi area of Khanjawala and arrested its owner, an official said on Friday.Acting on a tip-off, a team raided a godown in Mahaveer Vihar on Thursday and seized a large quantity of...

Washington, April 3 – The United States will impose tariffs of up to 100% on imported patented pharmaceuticals, with President Donald Trump citing national security risks and heavy reliance on foreign supply chains.In a proclamation issued on Thursday, Trump said that “pharmaceuticals and...

New Delhi, April 2 Steel Authority of India Ltd (SAIL), the largest steel-making public sector company, announced on Thursday that its sales grew by 11.5 per cent to 20.14 Million Tonnes (MT) in FY'26.The company's crude steel output was at 19.43 MT, and saleable steel production was at 19.176...

New Delhi, April 2 Alkem Laboratories Ltd announced on Thursday that it would almost double its investment to up to ₹1,036 crore for its proposed greenfield formulation manufacturing facility in Ujjain, Madhya Pradesh.The company's board of directors approved an increase in investment from up...

New Delhi, April 2 The government on Thursday exempted the import of critical petrochemical products from customs duty for three months, until June 30, to ensure supply stability and provide relief to consumers of finished products amid the crisis in West Asia.Sectors that rely on...

New Delhi, April 1 Godrej Enterprises Group and Tata Capital have entered into a strategic partnership to accelerate India's intralogistics transformation by introducing structured finance lease solutions.These solutions represent an emerging and differentiated model in the Indian forklift and...

Union Commerce and Industry Minister Piyush Goyal met today a delegation led by Abbott's Executive Vice President and Group President, Lisa Earnhardt. In a social media post, Mr. Goyal stated that they discussed Abbott's operations in India and how the country provides unique opportunities for...

New Delhi, April 1 Ratnaveer Precision Engineering announced on Wednesday that it plans to begin commercial operations of its Rs 338-crore copper clad laminates project in November of this year.The project, approved under the Electronics Component Manufacturing Scheme (ECMS), is being set up...

New Delhi, April 1 Leasing of industrial and warehousing spaces grew by 16% in January-March across 24 major cities due to increased demand from e-commerce players, third-party logistics firms, and manufacturers, according to Savills.Savills' real estate data indicated that the absorption of...

New Delhi, April 1 According to a new report released on Wednesday, women in India's formal workforce stay in their jobs "36 percent" longer than men, debunking the perception that they are a retention risk.The findings, based on data from the fintech platform SalarySe, are based on an...

Mumbai, April 1 Toyota Kirloskar Motor (TKM) announced on Wednesday a 24 per cent increase in its total vehicle sales to 37,194 units in March compared to the corresponding month of the previous year.Domestic sales were at 35,125 units in March 2026, up 24 per cent from 28,373 vehicles in...

New Delhi, April 1 – The government has announced limited duty concessions for special economic zones (SEZs) for one year to help manufacturing units within these zones, which are facing weak global demand, sell their goods in the domestic market.This measure will take effect from April 1 and...

New Delhi, April 1 The dedicated rare earth corridors proposed in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu aim to reduce import dependence and enhance domestic capability in the strategic sector, Union Minister Jitendra Singh said on Wednesday.In a written reply to a question in Lok...