Defence Minister Rajnath Singh addressed the annual session of the Society of Indian Defence Manufacturers (SIDM) on Friday. During his address, he spoke about the various challenges and the subsequent leaps made in the country's defence manufacturing.
All India Council for Technical Education (AICTE) and the Society of Indian Defence Manufacturers (SIDM) signed an agreement on Friday to create a future-ready workforce for the Defence and Aerospace sectors.
Mumbai (Maharashtra) [India], October 4: Birla Carbon, one of the leading manufacturers and suppliers of high-quality carbon-based solutions, announces the launch of Continua™ 8030 SCM, a circular material designed to address the growing sustainability needs of customers across the Ind
New Delhi [India], October 4: GenX PV India, a pioneer in split junction box manufacturing with integrated diodes, has announced plans to establish a fully integrated aluminium frame manufacturing facility in Raipur by early next year. The facility will produce 18,000 metric tons of aluminiu
New Delhi [India], September 30: Uno Minda, a leading Tier 1 supplier of proprietary automotive solutions to Original Equipment Manufacturers (OEMs) in India, has partnered with the Open Network for Digital Commerce (ONDC) network, thereby taking a pivotal step towards digital transformation
As part of its Atmanirbhar and Make in India plan, the government launched production incentive (PLI) schemes in 14 sectors in 2020, to make Indian manufacturers globally competitive, attract investments, enhance exports, integrate India into the global supply chain and reduce dependency
The tyre manufacturers are grappling with soaring natural rubber prices, which have surged by over 33 per cent in last five months of fiscal 2025, Crisil said in its recent report.
Bengaluru (Karnataka) [India], September 27: Stonefield, one of the fastest-growing multinational flavour companies, made an impressive impact at Fi India 2024, held from September 25-27 at BIEC, Bangalore. Known for its speed, creativity, and industry-leading taste innovations, Stonefield p
Ahead of the festive season, a substantial 63 per cent of clothing retailers and manufacturers expect lower sales compared to last year, the Clothing Manufacturing Association of India (CMAI), an industry body, said in a report on Friday.
This rise is largely attributed to favourable government policies like the Production Linked Incentive (PLI) scheme, which covers 14 sectors, and the global shift towards the "China + 1" strategy, where manufacturers diversify supply chains away from China.
Outsourcing is primarily geared toward cost efficiency in international markets rather than benefiting domestic consumers through reduced prices says the report.
The journey of shifting to electric mobility is not going to be easy for automakers as it is tough to generate profitable margins and get scale in the electric vehicles (EVs) segment, says a research report by Bernstein.