manufacturing

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    FDI Relaxations for Non-Border Countries, But Restrictions Remain

    New Delhi, March 11 Overseas companies with Chinese shareholding of up to 10 percent will be eligible to invest in India under the automatic route across sectors; however, the relaxed FDI norms will not apply to entities registered in China/Hong Kong or other countries sharing land borders with...
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    Increased Metro Capacity: New Train Sets for Ahmedabad and Surat

    Gandhinagar, March 11 – The Gujarat government has placed an order for 34 new metro train sets for the Ahmedabad and Surat metro rail projects. Officials said that the additional rolling stock will increase service frequency on the Ahmedabad-Gandhinagar corridor and support the expansion of...
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    Government Seeks Industry Input on Karnataka's MSME Policy

    Bengaluru, March 11 The Karnataka government is considering integrating Artificial Intelligence (AI) and digital transformation guidelines into its upcoming MSME policy to help local manufacturers prepare for future industrial challenges.Rohini Sindhuri, Secretary of the Department of MSME...
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    SAIL Records 18.24 MT Sales - Strong Fiscal Year Performance

    Steel Authority of India Limited (SAIL) has achieved a record sales of 18.24 million tonnes (MT) during the 11-month period from April to February. The Ministry of Steel announced that the company achieved its best-ever sales in the fiscal year 2026, with a 14% year-on-year growth. It also added...
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    Meeting Highlights: Vaishnaw, Novoselov, and Lohum Focus on Technology & Sustainability

    Union Minister for Electronics and IT, Ashwini Vaishnaw, met Nobel Laureate Konstantin Novoselov and Lohum CEO Rajat Verma in New Delhi. In a social media post, Mr. Vaishnaw stated that they discussed the manufacturing of 2D materials and their applications in electronics, as well as the...
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    India's Aerospace Manufacturing Gains Ground with Bharat Forge

    Mumbai, March 11 – Bharat Forge's aerospace division announced on Wednesday the inauguration of a landing gear components machining facility in Mundhwa, Pune, in collaboration with Liebherr Aerospace & Transportation SAS, headquartered in Toulouse, France.The facility marks a significant step...
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    Kerala Converts Over Rs 1 Lakh Crore Investment Proposals into Projects

    Thiruvananthapuram, March 11 Kerala Industries Minister P Rajeev has claimed that the state has converted investment proposals worth over Rs one lakh crore into actual projects in the last five years.The proactive policies of the Industries Department have also provided a significant boost to...
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    SMPP Increases Bulletproof Jacket Production for Paramilitary Forces

    New Delhi, March 10 An Indian defense manufacturing firm said on Tuesday that it has secured an additional order from paramilitary forces for nearly 10,000 bulletproof jackets.SMPP Limited also said that it is "on track" to complete the existing order for 40,000 bulletproof jackets (BPJs) for...
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    Government Reduces Investment Approval Requirements for Border Nations

    The government in New Delhi has eased foreign direct investment (FDI) norms for China and other countries sharing land borders with India, allowing overseas firms with up to 10% ownership from these nations to invest in the country without mandatory approval. Previously, firms with shareholders...
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    Sriperumbudur's Rise: A Driver of Tamil Nadu's Economy

    Chennai, March 10 Once a rural area, Sriperumbudur is now the engine of Tamil Nadu's economy, driving the state's growth at 11.2 per cent in 2024-25.The state's success is due to its high human capital and industrial efficiency. Sriperumbudur has been instrumental in providing the specialized...
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    Investment Boost: Government Simplifies FDI Norms for Land Border Countries

    New Delhi, March 10 The government on Tuesday eased foreign direct investment (FDI) norms for China and other countries sharing land borders with India, allowing overseas firms with up to 10% ownership from these nations to invest in the country without mandatory approval.Previously, overseas...
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    Warehouse Investment Boosts Supply Chain Efficiency for Caterpillar

    Chennai, March 10 TVS Supply Chain Solutions Ltd has set up a warehousing facility near here to assist Caterpillar India Pvt Ltd in procuring parts from multiple countries and supporting its manufacturing operations, a top official said on Tuesday.The facility, spread across 40,000 sq ft, is...
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    Happiest Minds Raises FY27 Revenue Growth Forecast to 12.5%

    New Delhi, March 10 IT firm Happiest Minds Technologies announced on Tuesday that it has revised its revenue growth expectation for the financial year 2026-27 to 12.5 per cent, up from its earlier estimate of 10 per cent, citing accelerating momentum from its artificial intelligence (AI)...
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    Solar Module Maker Solex Energy Gains Domestic Market Access

    New Delhi, March 9 Solex Energy announced on Monday that its 3.78-gigawatt solar module manufacturing facility in Surat has received approval under the government's ALMM framework, which ensures the reliability of its products in the domestic market.The Ministry of New and Renewable Energy...
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    Nagpur Explosion: Update on Casualties and Injuries

    Nagpur, March 9 The death toll from the March 1 explosion at SBL Energy Limited, an explosives and ammunition manufacturing firm in Nagpur, rose to 23 on Monday after a woman died from her injuries, according to a police official.The Nagpur rural police official identified the victim as Seema...
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    IPO Update: Rajputana Stainless Receives Partial Investment

    New Delhi, March 9 The initial public offering of Rajputana Stainless Ltd, a manufacturer of long and flat stainless steel products, received 30 per cent subscription on the first day of bidding on Monday.The IPO received bids for 63,04,430 shares, compared to the 2,09,00,000 shares on offer...
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    GM’s Aftermarket Brand Re-enters Indian Market with Assurance Intl

    New Delhi, March 9 General Motors' aftermarket automotive products brand, ACDelco, a major American auto company, has re-entered the Indian market on Monday through a licensing agreement with Assurance Intl Ltd.Under the agreement, Assurance Intl Ltd will be the official licensee for ACDelco...
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    Smartphone Firm Highlights India's Shift Towards Premium Demand

    New Delhi, March 09 India is well-positioned as the next global platform for consumer technology, driven by an expanding manufacturing base, stronger supply chain capabilities, and a shift toward aspirational, global-style preferences, which is reshaping demand in this "strategic market," Akis...
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    ABB Invests $75 Million in India to Boost Manufacturing

    New Delhi, March 9 Electrification and automation major ABB announced on Monday that it will invest an additional USD 75 million in India in 2026 to significantly expand its manufacturing footprint and R&D capabilities.This investment, along with its USD 35 million spend in 2025, reflects...
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    ACDelco Returns to India: Lubricants and Batteries Lead the Way

    New Delhi, March 9 General Motors' aftermarket automotive products brand, ACDelco, a major American auto manufacturer, has returned to the Indian market on Monday through a licensing agreement with Assurance Intl Ltd.Under the agreement, Assurance Intl Ltd will be the official licensee for...
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