manufacturing

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    IPO Planned for Auto Component Maker Kay Jay Forgings

    New Delhi, April 1 Auto components maker Kay Jay Forgings Ltd has filed draft papers with the market regulator, Sebi, to raise ₹360 crore through an initial public offering (IPO).The proposed IPO comprises a fresh issue of equity shares worth ₹300 crore and an offer for sale (OFS) of shares...
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    SEZs Gain Access to Domestic Market with New Relief Measure

    New Delhi, April 1 The government has announced a one-time special relief measure in the form of certain duty benefits for special economic zones (SEZs), a move that would provide support to units in these enclaves amid global uncertainties.However, the exemption will only be available if the...
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    Quantum Computing Valley: Andhra Pradesh’s Action Plan

    Amaravati, March 31 Andhra Pradesh Chief Minister N Chandrababu Naidu said that the Greenfield capital city of Amaravati is set to become India’s first quantum computing hub.The country's first Open Quantum Computer will be launched here on April 14.Naidu said that the quantum computer will...
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    Sports Goods Industry Poised for Growth: India's Expansion Plan

    Secretary of Sports, Hari Ranjan Rao, stated today that India aims to increase exports of sports goods from over 3 thousand crore to over 80 thousand crore. He urged manufacturers to increase production by nearly 25 times to achieve this goal. Addressing the 4th edition of the India Sporting...
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    BLW Produces Highest Annual Output, Boosting Railway Capacity

    New Delhi, March 31 Banaras Locomotive Works achieved a record-breaking production of 572 locomotives in the 2025–26 fiscal year, adding a new golden chapter to the industrial history of Indian Railways, the Railway Ministry said on Tuesday."This milestone strongly demonstrates Banaras...
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    Fertilizer Firms Secure Green Ammonia Contracts, Supply 3 Years Away

    New Delhi, March 31 Domestic green ammonia supply to Indian fertilizer companies under landmark contracts signed this week will not be available before 2028, as producers need to first construct new manufacturing plants, industry executives said on Tuesday.Five fertilizer companies – IFFCO...
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    Ramaphosa Announces New Investment Targets for South Africa

    Johannesburg, March 31 South African President Cyril Ramaphosa announced an ambitious initiative to attract investment of around USD 60 million over the next two years at the 6th edition of the annual South Africa Investment Conference in Johannesburg on Tuesday."Investment conferences such as...
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    India Prioritizes Semiconductor Resilience, Announces Mission 2.0

    Sanand, March 31 – Prime Minister Narendra Modi said on Tuesday that global crises in recent years have led to disruptions in supply chains, emphasizing the need for secure and resilient systems in critical sectors such as semiconductors, energy, and minerals.Addressing the gathering after the...
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    Manufacturing Marketplace Zetwerk Prepares for IPO Launch

    New Delhi, March 31 Zetwerk Manufacturing has filed preliminary documents with the market regulator, Sebi, through a confidential channel for an initial public offering (IPO) to raise between ₹4,000 crore and ₹5,000 crore.The proposed offering is expected to include a fresh issuance of equity...
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    Quantum Valley: Andhra’s Action Plan Unveiled

    Amaravati, March 31 A roundtable on AQV, attended by Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday, resolved to transform the state into one of the top five global quantum computing hubs by 2030.The roundtable finalized an action plan to achieve this target, according to a press...
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    Gujarat Sees Growth with Museum Opening and New Semiconductor Facility

    Prime Minister Narendra Modi inaugurated the Samrat Samprati Museum in Koba, Gandhinagar, on the occasion of Mahavir Jayanti today. The museum is dedicated to Jain history and the life of Samrat Samprati, his rule, and his message of non-violence. Addressing a public gathering on the occasion...
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    Solar Module Maker Cosmic PV Prepares for IPO

    New Delhi, March 31 Solar module manufacturer Cosmic PV Power Ltd has filed draft papers with the markets regulator, Sebi, to raise ₹640 crore through an Initial Public Offering (IPO).The proposed IPO comprises a fresh issue of equity shares amounting to up to ₹540 crore and an Offer For Sale...
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    DGCA and GSV Partner to Train Aviation Professionals

    The Directorate General of Civil Aviation (DGCA) and Gati Shakti Vishwavidyalaya-GSV have signed a Memorandum of Understanding (MoU) to train young people in various areas of aviation, including aviation engineering and aviation management. The Ministry of Civil Aviation stated that the...
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    India's Electronics Industry Gains Momentum with ECMS

    Electronics and IT Minister Ashwini Vaishnaw handed over approvals to companies under the Electronics Component Manufacturing Scheme (ECMS) in New Delhi today. A total of 29 applications have been approved, with an investment of over seven hundred and one crore rupees. This is expected to create...
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    IIP Growth Remains Stable with Manufacturing Sector Expansion

    New Delhi, March 30 India's industrial production grew by 5.2 per cent in February, primarily due to an improvement in manufacturing output, according to official data released on Monday.Factory output, measured in terms of the Index of Industrial Production (IIP), expanded by 2.7 per cent in...
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    Seamless Pipe Imports from China Increase – STMA Calls for Action

    New Delhi, March 30 The Seamless Tube Manufacturers Association of India (STMA) on Monday raised concerns over a sharp increase in imports of seamless pipes from China over the past three to four years, and urged the government to enforce stricter anti-dumping measures to protect the domestic...
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    BHEL Wins Major Order for Telangana Power Plant

    New Delhi, March 30 State-owned BHEL announced on Monday that it has secured an order worth ₹13,500 crore from NTPC for the main plant package of the 2,400 MW Telangana Stage-II thermal power plant.BHEL emerged as the successful bidder for this project in October 2024, according to a...
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    India's ECMS Scheme Shifts Focus to Indigenous Design

    New Delhi, March 30 – Electronics and IT Minister Ashwini Vaishnaw made it clear to companies participating in the Electronics Components Manufacturing Scheme (ECMS) that companies must make significant investments in designing products in India if they wish to continue receiving government...
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    Government Approves Electronics Component Investments, Creating Jobs

    New Delhi, March 30 The government has approved 29 applications under the electronics component manufacturing scheme, involving a total investment of Rs 7,104 crore, a senior official from the Ministry of Electronics and IT said on Monday.Secretary of the Ministry of Electronics and IT...
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    India-US Partnership: A Focus on Resilient Supply Chains and Strategic Growth

    New Delhi, March 29 India's growing economy and massive infrastructure needs perfectly align with American expertise in energy, advanced manufacturing, and digital infrastructure, and both sides are well-positioned for a "win-win" expansion of their strategic economic pillar, US Ambassador...
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