Manufacturing
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'Make in India' drives mobile production beyond 2 billion units
Technology | Aug 14, 2023, 12:52 PM ISTBetween 2014 and 2022, mobile phone shipments under the 'Make in India' initiative reached over 2 billion units, reflecting a 23% compound annual growth rate (CAGR), as indicated by recent research on Monday.
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Rise in manufacturing activities drive engineering major Salasar's net profit in Q1
Business | Aug 13, 2023, 08:09 AM ISTThe New Delhi-based firm in an exchange filing said that that its total income in the quarter grew 24 per cent to Rs 262 crore as compared to Rs 211 crore in the corresponding period of the previous financial year.
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As India's manufacturing activities remain strong, small cap stock announces rights issue
Business | Aug 06, 2023, 07:24 AM ISTA rights issue is a type of corporate action that allows a company's existing shareholders to purchase extra shares in proportion to their existing holdings at a discount price.
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'Raghuram Rajan used false figures to...': Union Minister
Business | Jun 15, 2023, 06:13 PM ISTIn a research paper, titled 'Has India really become a mobile manufacturing giant?' Rajan raised concerns about the government's PLI scheme as well as concerns over India's rising mobile phone exports.
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From mobile phones to chips, India manufacturing enters golden era
Technology | May 28, 2023, 10:28 PM ISTEven before that, the country saw a massive turnaround in mobile manufacturing. Before 2014, there were two mobile manufacturing factories and now, more than 200 manufacturing units have been set up in India, producing millions of devices and exporting them to other countries.
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RINL gears up to produce 55,000 wheels for Indian Railways as part of ambitious Made in India wheels
Business | Apr 12, 2023, 12:18 PM ISTRINL, a state-owned steel producer in India, is set to manufacture 55,000 wheels for the Indian Railways as part of a major overhaul project that aims to expand railway tracks, electrification, and station facilities.
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Tata to open EV cell manufacturing plants in India, Europe
Auto | Jan 15, 2023, 03:02 PM ISTTata Motors of India dominates the country's EV market with 50,000 sales to date and plans to introduce ten electric models by March 2026. By 2025, the company anticipates that electric vehicles will account for 25% of its total sales, up from 8% currently.
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India's first chip factory: Vedanta-Foxconn to invest Rs 1.54 lakh crore | 10 Points
Business | Sep 13, 2022, 11:47 PM ISTIndia's first chip factory: The 60:40 joint venture of Vedanta-Foxconn will set up a semiconductor fab unit, a display fab unit, and a semiconductor assembling and testing unit on a 1000-acre land in the Ahmedabad district.
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Salasar Techno Engineering plans to raise Rs 200 cr through various modes
Business | Jun 24, 2022, 06:28 PM ISTNew Delhi-based Salasar Techno Engineering carries out engineering, designing, procurement, fabrication and galvanisation work for telecom players.
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Salasar Techno Engineering to invest Rs 100 crore to expand business, hire 600 professionals
Business | May 02, 2022, 03:36 PM ISTNew Delhi-based Salasar Techno Engineering carries out engineering, designing, procurement, fabrication and galvanisation work for telecom players.
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Government to make it mandatory for vehicle manufacturers to make flex-fuel engines: Nitin Gadkari
India | Sep 30, 2021, 03:42 PM ISTAddressing the annual session of industry body PHDCCI, Gadkari further said that the govt is working to develop an ethanol economy.
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Uttar Pradesh to emerge as mobile manufacturing hub soon
India | Jul 11, 2021, 01:38 PM ISTWith Yogi Adityanath govt's initiatives, digital India campaign has gained momentum while there is a record investment in IT sector in the state.
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PM Modi asks people to be vocal for local toys
India | Jun 24, 2021, 01:09 PM ISTPrime Minister Narendra Modi on Thursday said about 80 per cent of the toys were being imported by India with crores of rupees going abroad and asserted that it was very important to change this situation.
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India can leave behind China in manufacturing, says CM Kejriwal in Niti Aayog meeting
India | Feb 20, 2021, 08:27 PM ISTDelhi Chief Minister Arvind Kejriwal on Saturday emphasised about working on a war footing to make the country a manufacturing hub in the world and claimed India can leave behind China in the sector, Delhi government sources said.
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India can leave China behind in manufacturing: Arvind Kejriwal
Kurukshetra | Feb 20, 2021, 08:26 PM ISTDelhi Chief Minister Arvind Kejriwal on Saturday emphasised about working on a war footing to make the country a manufacturing hub in the world and claimed India can leave behind China in the sector, Delhi government sources said.
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Govt relaxes manufacturing norms for PPE makers
Business | Jun 24, 2020, 12:58 PM ISTThe government has relaxed norms of having in-house testing for three kinds of Personal Protective Equipments (PPEs) to promote the supply of quality gears during the ongoing COVID-19 pandemic, according to an official order.
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Toyota to resume manufacturing operations from Tuesday
Business | May 25, 2020, 05:25 PM ISTToyota Kirloskar Motor (TKM) on Monday said it will resume manufacturing operations at its Bidadi (Karnataka) plant from Tuesday.
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Expect normalcy to return in second half of the year: RBI Guv Shaktikanta Das
Business | May 22, 2020, 05:13 PM ISTRBI Governor Shaktikanta Das in a presser amid lockdown situation in the country due to the outbreak of coronavirus which has impacted businesses at large said that they are expecting normalcy to return in the second half of the year.
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MHA comes up with new scenario plan for industries on discovering COVID-19 positive cases
Business | May 10, 2020, 12:26 PM ISTThe National Disaster Management Authority (NDMA) has issued detailed guidelines for restarting industries, manufacturing units after lockdown. The government has issued guidelines on how to restart plants, taking care of units especially involving chemicals units, worker or labours, different department and also procedures if a worker tests positive.
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Best opportunity for India to attract investments, emerge manufacturing hub due to COVID-19 crisis
Business | Apr 23, 2020, 10:02 AM ISTIndia may have the best opportunity to attract foreign investment and replace China as the world's manufacturing hub, says US India Strategic and Partnership Forum (USISPF) president Mukesh Aghi.