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Tata Motors, Mahindra & Mahindra Secure PLI Incentives: Government Approves ₹246 Crore for EV Sales.

In a significant boost to the Indian automotive industry, the Ministry of Heavy Industries has approved Production-Linked Incentive (PLI) claims worth ₹246 crore for Tata Motors and Mahindra & Mahindra…

Project industrial January 4, 2025

Industrial News

Pennar Industries enters into JV with Zetwerk Manufacturing Businesses for manufacturing and sale of solar modules.

Pennar Industries, a leading engineering and manufacturing company, has entered into a Joint Venture Agreement with Zetwerk Manufacturing Businesses and other stakeholders. The agreement, signed on December 31, 2024, represents…

Anoop Joshi January 1, 2025

Industrial News

Polymatech Electronics Boosts India’s Semiconductor Industry with Second Plant.

Polymatech Electronics is strengthening India’s semiconductor sector by establishing its second facility in Nava-Raipur, Chhattisgarh. Backed by a 40% capital subsidy from the state, the ₹1,143 crore plant aims to…

Project industrial December 31, 2024

Industrial News

Onitsuka Tiger Eyes India as a Manufacturing Hub to Drive Regional Growth.

Japanese premium footwear brand Onitsuka Tiger a subsidiary of Asics Corporation is considering India as a potential manufacturing hub to strengthen its presence and accelerate regional growth. This strategic move…

Project industrial December 31, 2024

Industrial News

Schwing Stetter to Establish 5th Manufacturing Facility in Tamil Nadu.

Chennai: German concrete machinery giant Schwing Stetter is set to enhance Tamil Nadu's industrial prowess by establishing its fifth manufacturing facility in the state. The plant will be located in…

Project industrial December 30, 2024

Industrial News

Overnight Fires Cause Extensive Damage at furniture manufacturing company in Srinagar.

In a series of unfortunate fire incidents in Srinagar a furniture manufacturing company and a commercial building sustained extensive damage, officials reported. Fire at Furniture Manufacturing Facility The first incident…

Project industrial December 30, 2024

Industrial News

Cenexi Fontenay Manufacturing Facility Receives Observations Post GMP Inspection by ANSM, France.

Cenexi Fontenay Manufacturing Facility a material subsidiary of Gland Pharma Limited recently underwent a Good Manufacturing Practices (GMP) inspection by the Agence Nationale de Sécurité du Médicament et des Produits…

Anoop Joshi December 30, 2024

Industrial News

Indian Manufacturers Embrace Technology as Key to Profitability but Allocate Modest Budgets.

Indian manufacturers are recognizing the transformative potential of technology in boosting profitability and competitiveness. However, a recent report by the Confederation of Indian Industry (CII) reveals that most manufacturers currently…

Anoop Joshi December 30, 2024

Industrial News

India’s Electronics Manufacturing Market Hits $115 Billion in 2024.

India’s electronics manufacturing industry has achieved a remarkable milestone in 2024, reaching an impressive market size of $115 billion. This growth highlights the country's increasing prominence as a global hub…

Project industrial December 28, 2024