Amid the continued standoff with China, the Defence Ministry is ready to undertake main initiatives, together with the development of seven superior frigates for the Indian Navy and the Indian Military’s proposal to interchange its T-72 tanks with trendy Future Prepared Fight Automobiles (FRCVs). The assembly, chaired by Defence Minister Rajnath Singh, is scheduled for … Read more
Chennai-based Integral Coach Manufacturing unit, which manufactures railway coaches, has been engaged in manufacturing completely different variants of the most recent semi-high pace ‘Vande Bharat’ coaches. Inaugurated by the late Prime Minister Jawaharlal Nehru in 1955, ICF, as it’s popularly known as, has been producing a number of coaches like Electrical A number of Items, … Read more
Optiemus Electronics on Tuesday stated it has ventured into telecom tools manufacturing to spice up indigenous design and manufacturing. The corporate stated it’s working with Tejas Networks as a producing associate for a big selection of telecom tools like 4G base band items/ distant radio head/ ONT/ ONU / broadband switches and routers at its … Read more
The worldwide Microsoft outage affecting tens of millions of customers worldwide together with a number of Indian customers and companies has re-ignited the decision for a sovereign tech stack. From banking scions to the ‘Make in India’ proponents, all demand additional localisation or regionalisation norms to guard the pursuits of Indian companies and customers. Additionally … Read more
ICICI Lombard has launched Surety Insurance coverage to offer danger mitigation options for India’s burgeoning infrastructure sector. Surety insurance coverage acts as a assure to a beneficiary (usually an authority or consumer) {that a} principal debtor (normally a contractor) will fulfil their contractual obligations. Additionally learn: Capital Small Finance Financial institution, ICICI Lombard enter into … Read more
PSU shares have been amongst the perfect performers of FY24, rallying 88 per cent (BSE PSU) in comparison with Nifty-50’s 20 per cent returns. The explanations ascribed for the rally vary from the final bastions of worth to structural adjustments, which have modified the earnings trajectory for the great. Although a lot of the structural … Read more
India has during the last 10 years from 2014 to 2024, made fast strides in the direction of Manufacturing. Evolving into a worldwide manufacturing hub, it has rolled out a slew of initiatives together with the Make in India programme and the manufacturing linked incentives scheme. In the direction of this finish, submit COVID there … Read more
India is prone to surpass Japan and UK to grow to be the third largest marketplace for Apple by way of shipments in 2026, in accordance with Counterpoint Analysis Market Outlook. It stated 2023 was a file yr for Apple in India. It was the primary yr when iPhone shipments crossed the 10-million mark within … Read more
Because the Indian coal sector ramps up manufacturing (from about a billion tonnes now to 1.5 billion tonnes by 2030), the sector will want lots of mining tools – a profitable alternative for producers to make them in India. These are machineries equivalent to rope shovels, dumpers, dozers, motor graders, front-end loaders and wheel dozers — all monstrous, high-capacity tools. These are for opencast coal … Read more
Authorities on Monday stated that since 99 per cent native cell phone market is being met by way of home manufacturing now, firms have to export by enhancing competitiveness and enhancing worth addition, for subsequent part of development. Authorities’s focus is now on boosting electronics element manufacturing within the nation and new scheme for a … Read more