manufacturing

New Delhi, April 7 – The Ministry of Heavy Industries (MHI) organized a pre-bid conference here on Tuesday for prospective bidders under the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' (REPM), attracting participation from at least 25 companies.During the...

New Delhi, April 7 – The proposed Comprehensive Economic Partnership Agreement (CEPA) between India and Canada benefits greatly from the complementary nature of the two countries' economies, according to a new report.The report, published by Asian News Post, highlighted that India's rapidly...

New Delhi, April 7 As global supply chains realign and businesses look at setting up facilities outside China, India has emerged as a long-term strategic investment destination, with competitive export potential for Japanese mid-sized companies to partner with Indian MSMEs (micro, small, and...

New Delhi, April 6 Several companies, including Vedanta and Hindustan Zinc Limited, are likely to participate in a pre-bid conference for the Rs 7,280-crore scheme to promote the manufacturing of sintered rare earth permanent magnets, announced by the Heavy Industries Ministry on Tuesday...

New Delhi, April 6: Salary increases across Indian companies are expected to remain largely stable in 2026, with an average increase of 9.1 per cent, slightly higher than the 9 per cent increase recorded in 2025, a new report said on Monday.The "Deloitte India Talent Outlook 2026" report by...

Mumbai, April 6 Steelbird Hi-Tech India, a helmet manufacturer, announced on Monday that it aims to achieve revenue of ₹1,000 crore this fiscal year, as it plans to launch 12 new models across various categories, including mid and premium segments.However, the company's long-term target...

New Delhi, April 3 The one-time duty concession for manufacturing units in SEZs will provide them with limited access to the domestic market while preserving their export-oriented nature, experts said on Friday.However, the relatively modest duty relief somewhat diminishes the potential...

New Delhi, April 2 – The Indian domestic automotive metal forming market is projected to nearly double to $90-95 billion by FY30, growing at around 12% annually, as global supply chain realignments drive value concentration toward process-led manufacturers, a report has said.According to...

India Manufacturing PMI Eases to 53.9 in March Amid Global Disruptions and Rising Input Costs New Delhi, April 2: India’s manufacturing activity showed signs of moderation in March, with the Purchasing Managers’ Index (PMI) easing to 53.9, as global disruptions linked to the ongoing Middle East...

New Delhi, April 1 – The Central Board of Indirect Taxes and Customs (CBIC) introduced a special, one-time relief measure on Wednesday for eligible units in Special Economic Zones (SEZs) to facilitate the sale of manufactured goods to the Domestic Tariff Area (DTA) at concessional rates.This...

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...

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...

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...

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...

Cosmic PV Power Files for ₹640 Crore IPO Solar module manufacturer Cosmic PV Power Ltd has submitted draft papers to the Securities and Exchange Board of India (Sebi) to raise ₹640 crore through an Initial Public Offering (IPO).IPO Composition and Proceeds The IPO includes a fresh issue of...

India’s Industrial Production Rises 5.2 Percent in February New Delhi – India’s industrial production recorded a growth of 5.2 percent in February 2026, driven primarily by an increase in manufacturing output, according to official data released on Monday.Factory output expanded by 2.7 percent...

BHEL Secures ₹13,500 Crore Order for Telangana Thermal Power Plant NTPC Awards Main Plant Package to BHEL New Delhi, March 30 – State-owned Bharat Heavy Electricals Limited (BHEL) announced today that it has secured a contract worth ₹13,500 crore from NTPC Limited for the main plant package of...

Electronics Component Manufacturing Scheme Sees Boost with Rs 7,104 Crore Investment New Delhi, March 30 – The government has approved 29 new applications under the electronics component manufacturing scheme, representing a significant investment of Rs 7,104 crore, according to a senior official...

India-US Economic Partnership Poised for Expansion, Says US Ambassador Sergio Gor Strategic Alignment in Infrastructure, Energy, and Technology New Delhi, March 29: Highlighting the growing convergence between India and the United States, US Ambassador Sergio Gor said the two nations are...

Haveus Aerotech to Invest Rs 450 Crore in State-of-the-Art ATR MRO FacilityNew MRO Facility Planned in India Mumbai, March 28 – Haveus Aerotech, a leading aviation MRO services provider, announced on Saturday that it has signed an initial agreement to set up a state-of-the-art MRO facility for...