With an aim to enhance self-reliance and position India as a key player in the global REPM market, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' with a financial outlay of Rs
Bhilwara (Rajasthan) [India], November 26: Manomay Tex India Limited are Bhilwara, Rajasthan (India) Based Listed Company, a rising name in the Indian denim and textile sector, is further strengthening its footprint in both domestic and international markets, underpinned by strong manufactur
India will become self-reliant in rare earth magnets in three-to-four years, Union Minister Ashwini Vaishnaw said on Wednesday, after he announced that the Union Cabinet has approved a Rs 7,280 crore scheme to promote the manufacturing of sintered Rare Earth Permanent Magnets
This first-of-its-kind initiative aims to establish 6,000 Metric Tons per Annum (MTPA) of integrated Rare Earth Permanent Magnet (REPM) manufacturing in India, thereby enhancing self-reliance and positioning India as a key player in the global REPM market, Cabinet said in a statement.
Taiwan Semiconductor Manufacturing Co. (TSMC) sued its former senior executive Lo Wei-jen on Tuesday, accusing him of violating work rules and sharing trade secrets with US chipmaker Intel.
India needs stronger domestic demand and simpler rules for small businesses to push its manufacturing growth, Jamshyd Godrej, Managing Director of Godrej & Boyce, said on Wednesday while speaking to the media on the sidelines of the 21st CII Manufacturing Summit 2025.
India must aim to become the world's manufacturing hub, industry leaders said at the 21st CII Manufacturing Summit 2025, stressing the need for competitiveness, sustainability, and global aspiration to drive the next phase of industrial growth.
The Union Cabinet is likely to clear a Rs 7,000-crore incentive scheme aimed at boosting domestic manufacturing of rare earth magnets, sources told ANI.
Urging the company to hire Indian engineers in propulsion system design and manufacturing, he said New India is "not just dreaming big but also taking big decisions. We are dreaming big, doing bigger and delivering the biggest."
Surat (Gujarat) [India], November 26: Solar panel manufacturer Cosmic PV Power Ltd has announced that the company has secured orders worth about INR 600 crore from Zetwerk Manufacturing Businesses for the supply of solar modules.
The domestic GDP growth in the first half of the current financial year, FY26, is expected to come in at 7.6 per cent, higher than the 6.1 per cent recorded during the same period last year, as highlighted in a report by ICICI.
Ahmedabad (Gujarat) [India], November 25: Ahmedabad-based researcher and Co-Founder of Prachin Holistic Care, Saurabh Patel, plans to establish manufacturing bases in Taiwan and Singapore for his breakthrough innovation, NeuroPause 0.33, the world's first Pause Technology designed to improve