Stay updated with the latest manufacturing news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on manufacturing topics.
The Semi-Conductor Laboratory (SCL) in Mohali has identified Tata Semiconductor Manufacturing, Cyient Semiconductors and Applied Materials as the lowest bidders for the three key packages in the project to enhance the state-run chipmaker's wafer fabrication plant, people in the know told ET. The government hopes the Rs 4,500 crore modernisation work at the facility will make SCL a major player in India's semiconductor ecosystem. Electronics and information technology minister Ashwini Vaishnaw s ...Read More >
New Delhi, Dec 1 (PTI) Tilaknagar Industries Ltd on Monday said it has completed the acquisition of Imperial Blue business division from Pernod Ricard India (PRI), a step-down unit of the French spirits major, via a slump sale for a lump sum consideration of Rs 3,442 crore. The lump sum consideration paid to PRI is subject to post-closing adjustments in accordance with the terms and conditions set out in the Business Transfer Agreement, according to a statement issued by Tilaknagar Industries L ...Read More >
Chandigarh, Dec 1 (SocialNews.XYZ) A high-level delegation of the Punjab government led by Chief Minister Bhagwant Mann will travel to Japan and South Korea as partners of its global engagement ahead of the Sixth Progressive Punjab Investors' Summit scheduled from March 13-15 at the ISB campus in Mohali. The delegation, comprising Minister for Industries and Commerce Sanjeev Arora and officials and Invest Punjab team, will visit Tokyo on December 2-3, Osaka on December 4-5 December and Seoul on ...Read More >
New Delhi [India], November 20: The solar energy sector in India is undergoing rapid transformation, and it is visible everywhere. With the nation's ambitious renewable energy goals, the demand for quality solar components is increasing across utility, commercial, and residential segments. Also Read | Mahit Sandhu Wins Silver in 50M Rifle Prone, Her Third Medal at Summer Deaflympics 2025 . In this blog, we will look at the most recent market statistics, current trends in key solar components, ...Read More >
New Delhi, November 19: Maruti Suzuki may soon make its entry into the electric passenger vehicle segment with the upcoming e Vitara. The Maruti Suzuki e Vitara was first showcased in India earlier this year at the Auto Expo. The production of the e Vitara reportedly began in August at Suzuki's Hansalpur factory in Gujarat. Since exports began in August, over 7,000 units of the e Vitara have been shipped to international markets. As per a report of ACKO Drive, the Maruti Suzuki e Vitara launch ...Read More >
Telangana is preparing a comprehensive roadmap to develop a globally competitive aerospace and defence ecosystem, Industries and IT Minister D. Sridhar Babu said here on Saturday. Building on the foundations that helped the State shape into a strategic defence hub over the decades, the roadmap will seek to capitalise on the China plus one strategy of global firms, the growing significance on securing supply chain amid geopolitical dynamics as well as contribute to making India Atma Nirbhar or s ...Read More >
Hyderabad: Telangana's IT Minister Duddilla Sridhar Babu said that his government's goal is to develop Telangana as the country's aero engine capital by 2030. He said that a comprehensive roadmap is being prepared to develop the aerospace and defence ecosystem in partnership with leading industries and leading educational institutions. India's Aerospace and Defence Manufacturing Summit was jointly organised by the College of Defence Management and ISB Munjal Institute for Global Manufacturing a ...Read More >
Hyderabad: Telangana is strategically positioning itself to emerge as India's aerospace and defence (A&D) capital by 2030, with the state govt working on a comprehensive roadmap to develop a globally competitive ecosystem for the sector in the state, IT and industries minister Duddilla Sridhar Babu said on Saturday.As part of the long-term vision for Telangana, the state govt is integrating the A&D sector as a critical component of its $3 trillion economy goal by 2047, Sridhar Babu said while ad ...Read More >
PNN New Delhi [India], November 14: India's IPO market in the first nine months of CY25 went into overdrive with a total of 65 mainboard listings. Not only is this higher than the count of 60 in the same period last year, but it also represents a 26.4% jump in the funds raised to INR 80,904 crores. According to data compiled by IPOCentral, an IPO intelligence platform, the median post-issue Price-to-Earnings (P/E) multiple for IPOs launched in 9M CY25 stood at 33.33x, compared with 33x in the ...Read More >
PNNNew Delhi [India], November 14: India's IPO market in the first nine months of CY25 went into overdrive with a total of 65 mainboard listings. Not only is this higher than the count of 60 in the same period last year, but it also represents a 26.4% jump in the funds raised to INR 80,904 crores.According to data compiled by IPOCentral, an IPO intelligence platform, the median post-issue Price-to-Earnings (P/E) multiple for IPOs launched in 9M CY25 stood at 33.33x, compared with 33x in the same ...Read More >
Chennai: Syrma SGS is set to acquire a majority stake in defence and maritime electronics company Elcome Integrated Systems for Rs 235 crore. The acquisition will be through a mix of primary capital infusion and secondary share purchase. The remaining 40% stake will be acquired in multiple tranches over the next three years, linked to performance and earn-out milestones. Elcome operates in navigation, communication, surveillance, and platform automation systems for the Indian defence and maritim ...Read More >
Mumbai, Nov 4 (PTI) The rupee recovered from the record low level and settled with a gain of 11 paise at 88.66 (provisional) against the US dollar on Tuesday boosted by falling crude oil prices overseas. Forex traders said a firm dollar, outflow of foreign funds and subdued domestic equity markets prevented a sharp gain in the Indian currency. At the interbank foreign exchange, the rupee opened at 88.55 and hit the intra-day high of 88.28 against the greenback. The unit also touched a low of 8 ...Read More >
Hyderabad, Oct 28 (UNI) Telangana Industries and IT Minister D Sridhar Babu today announced that the State aims to become the "Aero-Engine Capital" of India by 2030, outlining an ambitious roadmap to attract major national and international aerospace companies to invest in Telangana. He made the announcement while virtually inaugurating the new Aero Engine Rotative Components Manufacturing Facility jointly established by Tata Advanced Systems Limited (TASL) and Safran Aircraft Engines at Adibat ...Read More >
The investment is part of the company's planned capital expenditure, reflecting strong business momentum, a robust late-stage development pipeline, and increasing demand for scalable capacity across CMC development and manufacturing. Sai Life Sciences Ltd. on Monday, October 27, announced that it is setting up a new research and development (R&D) block for chemical, manufacturing, and controls processing Hyderabad campus. The five-storeyed facility, designed as a green building, is expected to ...Read More >
NEW DELHI: Govt has approved seven projects worth Rs 5,532 crore, out of 249 proposals received under the Electronics Components Manufacturing Scheme, electronics and IT minister Ashwini Vaishnaw said on Monday. The minister said the production of electronics components from the approved projects is likely to reduce the import bill of around Rs 20,000 crore. "Seven plants under electronics components have been approved. In coming days, more projects will be approved. We expect these projects to ...Read More >
Bengaluru: Electric buses, which were mooted as a step forward in advancing sustainable urban mobility, are turning out to be a nightmare in Bengaluru's traffic with frequent breakdowns, poor battery performance, and flash strikes by drivers. So much so that the Karnataka govt has written to Union heavy industries minister HD Kumaraswamy to include rigorous clauses in tenders for private e-bus operators as part of the Gross Cost Contract (GCC) model under various govt programmes.In May 2025, Kum ...Read More >
India's electronics manufacturing ecosystem is set for a boost. The government has approved seven key projects under its Electronics Component Manufacturing Scheme. These initiatives will focus on producing essential items like printed circuit boards, camera modules, and copper laminates. This move aims to significantly reduce the country's reliance on imports for critical electronic components. The government has approved the first seven proposals under the Electronics Component Manufacturing ...Read More >
New Delhi [India], October 27 (ANI): Seven new projects worth Rs 5,532 crore have been approved under the Electronics Component Manufacturing Scheme (ECMS), marking another major step in India's growing electronics manufacturing industry. According to a government release, these projects are expected to generate Rs 44,406 crore in output and create 5,195 new jobs across the country. The approval, announced by Union Minister Ashwini Vaishnaw, highlights the government's continued focus on streng ...Read More >
New Delhi: The government has green-lit seven projects worth ₹5,532 crore through the Electronics Components Manufacturing Scheme (ECMS), which will intend to fasten the country's dependence on imports for electronic components and support the creation of 5,195 direct jobs, Union Electronics and IT Minister Ashwini Vaishnaw said on Monday. "These projects will significantly reduce India's import dependence for core components like multi-layer PCBs, camera modules, copper laminates, and polyprop ...Read More >
New Delhi, Oct 27 (PTI) The government has approved seven projects out of 249 proposals received under the Electronics Components Manufacturing Scheme, Union Electronics and IT Minister Ashwini Vaishnaw said on Monday. The minister said that initially, proposals for the manufacturing of printed circuit boards, or motherboard base, camera modules, copper laminates, and polypropylene films (used in capacitors for consumer electronics) have been approved. ...Read More >
As the BJP Government in the State completed 500 days of coming to power, Odisha Chief Minister Mohan Charan Majhi on Saturday approved 33 industrial projects worth Rs 1.46 lakh crore with the massive investment likely to generate 66,000 employment opportunities. The approved projects cover a wide range of sectors, including IT & Electronics Sector Design Manufacturing (ESDM), Aerospace & Defence, Textiles & Apparel, Food Processing, Tourism, Green Energy Equipment, IT & ITES, Data centres, Spe ...Read More >
India's private sector growth slowed in October to its lowest in five months. Weaker demand and higher output prices impacted business optimism. Services sector growth saw a slowdown, while manufacturing activity improved. New orders expanded at a slower pace. International demand softened, particularly for exports to the United States. Businesses raised selling charges despite some cost easing. Growth in India's private sector eased to a five-month low in October as weaker demand and rising ou ...Read More >
Satara (Maharashtra) [India], October 24 (ANI): A woman doctor died by suicide in Maharashtra's Satara on Friday, leaving a note written on her hand that named a police official and two others, officials said. Satara Superintendent of Police, Tushar Doshi, said that a case has been registered against the accused under charges of rape and abetment to suicide. The Police Sub-Inspector named in the note has been suspended. Also Read | Delhi Fortuner Accident: 2 Cousins Heading to Murthal for Dinn ...Read More >
New Delhi: India's manufacturing activity showed renewed strength in October, with the HSBC Flash India Manufacturing Purchasing Managers' Index (PMI) rising to a two-month high of 58.4, up from 57.7 in September, a report showed on Friday. The data compiled by S&P Global indicates that the country's manufacturing sector continues to expand at a solid pace, supported by strong domestic demand and easing cost pressures. The rise in the manufacturing PMI reflects an improvement in business condi ...Read More >
He highlighted that investors from across the world have announced plans to invest over Rs 50,000 crore in India's finance and banking sector. Union Minister Piyush Goyal has said that the recent surge in Foreign Direct Investment (FDI) in the country reflects the growing attractiveness of the Indian economy to global investors. He highlighted that investors from across the world have announced plans to invest over Rs 50,000 crore in India's finance and banking sector. In a social media post, ...Read More >
China has filed a complaint against India in the World Trade Organisation (WTO) over New Delhi's subsidies for electric vehicles (EVs) and batteries. The Chinese Commerce Ministry has alleged that the measures by India violate several WTO obligations, including the principle of national treatment, and constitute import substitution subsidies, which are explicitly prohibited under the multi-lateral trade rules. These measures unfairly benefit India's domestic industries and undermine China's le ...Read More >
Defence Research and Development Organisation (DRDO) has made significant strides in semi-conductor technology by developing indigenous methods for producing four-inch Silicon Carbide (SiC) wafers and fabricating Gallium Nitride (GaN) High Electron Mobility Transistors (HEMTs) up to 150 W, informed chairman and secretary, Department of Defence Research and Development (DDR&D) Samir V. Kamat. Addressing a gathering on Friday, organised as a curtain raiser for the upcoming Emerging Science, Techn ...Read More >
Defence Minister Rajnath Singh on Friday attended the event marking the maiden flight of cat the Aircraft Manufacturing division, Hindustan Aeronautics Limited (HAL). The Defence Minister will also inaugurate the '3rd production line of LCA Mk1A' and '2nd production line of HTT-40 Aircraft'. Earlier, Defence Minister Rajnath Singh on Thursday praised Hindustan Aeronautics Limited (HAL) for setting an example in sustainable development with its new 'Mini Smart Township' project. Inaugurating th ...Read More >
India's first commercially packaged multi-chip module (MCM) was rolled out of Kaynes Semicon's outsourced semiconductor assembly and test (OSAT) facility in Sanand in the wee hours of Wednesday and delivered to California-based Alpha & Omega Semiconductor (AOS). India's first commercially packaged multi-chip module (MCM) was rolled out of Kaynes Semicon's outsourced semiconductor assembly and test (OSAT) facility in Sanand in the wee hours of Wednesday and delivered to California-based Alpha & ...Read More >
Lucknow, October 18: Uttar Pradesh has taken a major stride towards self-reliance in the defence sector with the inauguration of the system integration facility program at the PTC Industries campus within the BrahMos Aerospace complex. The ceremony, led by Defence Minister Rajnath Singh and Chief Minister Yogi Adityanath, highlighted the state's growing role in indigenous defence manufacturing. CM Yogi Hails Atmanirbhar Bharat Addressing the event, CM Yogi Adityanath said, "Atmanirbhar Bharat ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.