Page 12 - Manufacturing

Maharashtra curfew: Half of factories may remain shut for next fortnight

Businesses across sectors feel the heat

Vedanta Group in talks with govt to set up display fabrication unit

If it succeeds, India will get its first such facility

SRAM & MRAM Group to invest Rs 100 cr in manufacturing of PPE products

UK-based global conglomerate SRAM & MRAM Group on Thursday said it will invest Rs 100 crore in manufacturing the PPE products under its flagship brand'Walletz4u' in India. The company is set to produce premiumNitrile Examination Glovesthat are currently being produced from its factories in Malaysia, Thailand and Vietnam, saidSRAM & MRAM Group in a statement. "With the series of investments and manufacturing units in place, the company is gearing up to become the leading OEM (original equipment manufacturer) of medical and industrial grade gloves in East Asia," it added. SRAM & MRAM Group ChairmanSailesh Lachu Hiranandanisaid the company hasgeared itself up to tackle the PPE shortage by acquiring and leasing a lot of production lines to meet the ever-increasing demand, especially gloves of all types for all industry verticals. "With the launch of 'Walletz4u', the conglomerate has joined the leading players for selling their branded premium gloves across the globe," he

White goods, solar modules get Rs 10,738 crore worth of PLI push

While incentives worth Rs 6,238 crore would be provided over five years for manufacturing of white goods in India, the outlay for solar PV modules is Rs 4,500 crore

PLI scheme for air conditioners fails to excite local manufacturers

Lack of incentive for incremental assembly may delay investments

West Bengal polls LIVE: EC notice to Mamata for 'communal' appeal

Stay tuned for Latest LIVE news

PM Narendra Modi to soon unveil masterplan on multimodal connectivity

The bigger idea is to cut logistics cost, travel time and enhance competitiveness of domestic manufacturing

Burden of proof lies with manufacturer

A car was taken to the workshop several times, yet its problems persisted. So, Maruti needed to establish why the problems couldn't be rectified

Status check of PLI schemes that aim to make India world's factory

Last year, the govt introduced a PLI scheme for mobile phones, electronic components, critical pharma drugs and medical devices, which saw huge traction among global as well as Indian manufacturers

Govt to set up empowered committee for manufacturing in high tech areas

Tata Sons chairman N Chandrasekaran, Bharat Forge Chairman Baba Kalyani, Mahindra Group managing director and CEO Pawan Goenka, among others, will be part of the committee

Manufacturing gaining lost momentum in fourth quarter: FICCI survey

FICCI's latest quarterly survey on manufacturing assessed recovery of the sector for Q-3 (October-December 2020-21)

Centre targets global majors for semiconductor fabrication plants

MeitY draws up list of potential players

Foreign trade policy 2021-26 to focus on MSMEs, new export potential

Online data will be available to govt, industry; will help domestic producers analyse market potential for goods

Govt to set up empowered panel for manufacturing in high technology area

The move is expected to facilitate investments and promote manufacturing in technology intensive sectors including semiconductors

Govt invites EoIs by April 30 to set up display fabrication units in India

According to experts, the technology is held by a select few companies in China, South Korea, Taiwan, and Japan

PLI scheme can generate Rs 35-40 tn incremental revenue in 5 yrs: Report

PLI scheme that seeks to push domestic manufacturing in as many as 14 sectors has the potential to generate additional revenue worth Rs 35-40 lakh crore over the next five years, a report said.

Will meet its need for containers from domestic manufacturers: Concor

The Container Corporation of India on Friday said it will meet its annual need for around 8,000 containers from domestic manufacturers and no longer depend on China for its requirement. Commerce and Industry Minister Piyush Goyal on Friday called on the industry to "seriously explore" the possibility of containers being manufactured in India "given its chronic shortage for exports". The Container Corporation of India (Concor), which spends about Rs 200 crore annually on procurement of containers, has already given a developmental order for 1,000 containers each to public sector undertakings Bharat Heavy Electricals (BHEL) and Braithwaite & Co. Concor will soon issue tenders for the remaining 6,000 containers wherein only domestic firms will be able to participate under certain government rules. "As of now, all containers are imported because there is no manufacturing capability in India. We want to push India as a manufacturing hub for containers. "Our requirement is 8,000 ...

Manufacturing to get $520-billion PLI push in next 5 years: PM Modi

Says govt aims to do away with more than 6,000 compliance requirements

Govt mulls launching PLI scheme for chemical sector to boost manufacturing

The government is considering launching a production linked incentive (PLI) scheme in the chemical sector to boost domestic manufacturing and exports. Addressing a webinar on 'Implementation Strategy of Budget Announcement 2021-22', Chemicals and Fertilisers Minister D V Sadananda Gowda on Friday said the government is working on a consultative approach in forming the policies for India's chemicals and petrochemicals sector. The webinar was organised by the Department of Chemicals & Petrochemicals and FICCI. "Implementations of the Budget announcements cannot be done only by the government. "We should take our industry in confidence so that implementations can start from first week of April. The challenge for the government is to now match the suggestions of the industry with the implementation part, he was quoted as saying in a FICCI statement. Gowda said the Budget has provided a boost to the Indian pharmaceutical sector. The big push for the pharma sector is being seen as an .

PLI scheme to boost India's manufacturing output by $520 bn in 5 yrs: PM

Modi on Friday said PLI scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by $520 billion in the next five years