manufacturing

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    Carborundum Universal Boosts Cutting Wheel Production in TN

    Chennai, March 17 Carborundum Universal Ltd has started commercial production of its cutting and grinding wheels at its facility in Hosur, the company said.In 2023, Carborundum Universal Ltd, part of the diversified conglomerate Murugappa Group, acquired the manufacturing lines, technology...
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    Auto Component Sector Faces Production Impact from Cooking Gas Shortage

    New Delhi, March 16 Auto component manufacturers are facing a potential workforce migration to their hometowns due to a shortage of LPG cylinders, which could impact production. The situation, while not as severe as the COVID pandemic, could escalate if not resolved, ACMA said on Monday.The...
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    E-Bus & E-Truck Makers Get Import Relief Under PM E-DRIVE

    New Delhi, March 16 The government has eased localization requirements under the Phased Manufacturing Programme of the Rs 10,900 crore PM E-DRIVE Scheme, providing major relief to manufacturers of electric trucks and buses by allowing them to import traction motors with rare-earth magnets until...
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    Medical Device Exports Surge to $4 Billion, India's Growth Ambitions

    New Delhi, March 15: India's medical device exports exceeded $4 billion in FY25, as the country aims to achieve a $30 billion medical devices market by 2030, leveraging its significant domestic market for growth, according to senior government officials.India's medical devices sector has...
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    Boosting India's Medical Device Manufacturing

    New Delhi, March 14 India needs to move beyond its image as the "Pharmacy of the World" to become a global hub for medical technology manufacturing, Commerce Secretary Rajesh Agrawal said on Saturday.He also emphasized the broader goal of achieving a $30 billion medical devices market by 2030...
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    SiXiT's Growth Strategy: Revenue Goals and Distribution

    Chennai, March 14 The fastest-growing cricket brand, SiXiT, aims to generate revenue of ₹300 crore over the next three years, the company said on Saturday.The company has roped in India team pacer Arshdeep Singh as its Brand Ambassador for the Cricket Ball category, as part of its vision to...
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    India-US Trade Agreement Remains a Priority Despite US Investigations

    New Delhi, March 13 – India and the US remain engaged in discussions for a mutually beneficial bilateral trade agreement, the commerce ministry said on Friday.The chief negotiators of the two countries were scheduled to meet last month in Washington to finalize the legal text for the first...
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    Punjab Industry: Kejriwal Calls for Domestic Production to Counter China

    Mohali, March 13 AAP supremo Arvind Kejriwal on Friday promised full support to the industry in Punjab for competing with China in manufacturing, saying he is deeply concerned when he sees the import of items like plastic buckets and idols of deities from that country.The party's national...
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    US Trade Probe Doesn't Signal Trade Deal Suspension

    New Delhi, March 13 The government on Friday rejected reports suggesting that New Delhi might suspend the proposed trade deal with the US in view of the Trump administration launching a new "unfair practices" probe against India and some other countries.The claim that India will hold off the...
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    Industrial Gas Shortage Impacts Stainless Steel Production

    New Delhi, March 13 A shortage of industrial gases has negatively impacted several plants, Jindal Stainless MD Abhyuday Jindal said on Friday.He also sought clarification on the allocation percentage for industrial propane/LPG and natural gas, along with assurance of regular supplies, for the...
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    O'Brien Highlights Disconnect Between Indian Government's Slogans and Economic Reality

    New Delhi, March 13 Trinamool Congress MP Derek O'Brien criticized the BJP-led government at the center on Friday, saying that while it has created the best slogans, the reality is that it has failed to achieve tangible results.He pointed out that despite creating big slogans, India continues...
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    India's Auto Sector Sees Growth Amid Geopolitical Concerns

    New Delhi, March 13 Domestic sales of passenger vehicles from manufacturers to dealers increased by 10.6% year-on-year to 417,705 units in February, as positive market sentiment continued, but the conflict in West Asia remains a concern as it could impact manufacturing and exports, the Society...
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    India's Auto Industry Sees Strong February Performance

    New Delhi, March 13 Domestic passenger vehicle dispatches from manufacturers to dealers increased by 10.6 per cent year-on-year to 417,705 units in February, SIAM said on Friday.Passenger vehicle dispatches were at 377,689 units in February 2025.Two-wheeler sales rose by 35.2 per cent to...
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    HFCL Expands Global Reach with Long-Term OFC Contract

    New Delhi, March 13 Indian telecom equipment manufacturer HFCL has secured a major deal worth around ₹10,159 crore from a global multinational corporation for supplying optical fiber cables, the company said in a regulatory filing on Friday.The deal will span five years, starting in 2026 and...
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    Infrastructure Push Drives West Bengal's Economic Strategy

    Kolkata, March 12 The West Bengal government on Thursday called for a transformation in the long-held perception about the ease of doing business in the state, asserting that it has been undertaking several concrete initiatives to strengthen the investment climate.Secretary of the Department...
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    Amazon Business India Achieves 35% Sales Growth

    New Delhi, March 12 Amazon India's B2B platform, Amazon Business, has recorded a 35 per cent year-on-year growth in annual sales in 2025, a senior company official said on Thursday.Amazon Business Director Mitranjan Bhaduri said the platform offers a catalog of over 19 crore products from more...
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    Craft Rum Production Halts Amid Supply Crisis

    Bengaluru, March 12 A craft rum distillery near Mysuru has temporarily suspended operations after being unable to procure gas for its boilers, amid the ongoing disruption in LPG supply triggered by the escalating conflict in West Asia, the unit's founder said.Aruna Urs, the founder of the...
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    Andhra Plant Receives Satisfactory Inspection Report from USFDA

    New Delhi, March 12 Aurobindo Pharma announced on Thursday that it has received an inspection report from the US health regulator, classifying its wholly-owned subsidiary's manufacturing unit in Andhra Pradesh as having a "Voluntary Action Indicated" (VAI) classification, which indicates...
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    Rs 125 Crore Investment Fuels Ai+ Smartphone Production in India

    New Delhi, March 12 The homegrown technology brand, Ai+ Smartphone, announced on Thursday that it has partnered with Optiemus Electronics Ltd (OEL) to manufacture 3 million mobile devices in India, with a combined investment of approximately Rs 125 crore over the next five years.The agreement...
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    Trump: Tax Cuts Fuel US Growth and Investment

    Washington, March 12 – President Donald Trump has declared that tax cuts and incentives for domestic production were boosting investment and jobs across the United States, arguing during a visit to Kentucky that his economic policies were helping American businesses expand and hire.Speaking at...
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