manufacturing

RCRS innovations files for IPO, aims to expand battery manufacturing

The proceeds from the IPO are intended for use in meeting working capital requirements and expanding...

Escorts Kubota plans to invest up to INR 4,500 cr in new plant over next 3-4 years

At present, the company has a total annual tractor production capacity of 1.7 lakh units. The main p...

Stellantis considering India manufacturing of affordable EVs

Leapmotor New Delhi: India’s electric vehicle policy was something that was negotiated by Tesla but ...

Companies knowingly violated FAME subsidy scheme, finds panel

The government, after an initial probe, sent out recovery notices in the current fiscal (2023-24) to...

After X-440, Hero and Harley-Davidson may bring more US models to India

The market for premium motorcycles is growing and Harley-Davidson executives have stated their satis...

Investments made in creating plant and machinery to qualify for sops under new EV policy

As an incentive, the centre will levy concessional import duties on cars being imported by companies...

FAME 3 likely to be rolled out soon with INR 10,000 cr outlay, with support for hybrids but not e-cars

Hybrid cars may also get support under FAME 3, subject to adhering to the price cap, if passenger ca...

Robotics company Difacto raises USD 4.8 mn from Stakeboat Capital

Difacto, set up in 2007, operates across four key segments–welding systems, material handling system...

India's Manufacturing Sector Growth Eases in May; Upturn in Exports Strongest in Over 13 Years: PMI Survey

India’s manufacturing sector saw a slower growth rate for the second straight month in May but staye...

India has huge potential to be a manufacturing hub in tune with global growth: Veena Lakkundi, Rockwell Automation

Veena Lakkundi, senior vice president, strategy & corporate development, Rockwell AutomationIn a...

Car companies steer clear of new EV policy

MHI, which deals with the automobile industry on the matter, has held one round of consultations wit...

India can do to AI what China did to manufacturing: Bhavish Aggarwal, Ola

Bhavish Aggarwal Ola Founder and CEO Bhavish Aggarwal on Sunday said that with the kind of talent In...

China defends manufacturing push, says world needs more EVs

China is facing rising trade barriers in developed economies such as the US and European Union, whic...

Euler Motors unveils Rs 100 crore new production facility in Palwal, Haryana

New Delhi: Euler Motors, a leading electric commercial vehicle manufacturer, Tuesday unveiled its co...

Delivery of India-made Range Rover Sport priced at INR 1.4 crore begins

Mumbai:Range Rover Tuesday began delivery of the locally-manufactured Range Rover Sport in India. Th...

Low R&D spend, no cluster approach: India’s electronic component makers beaten by China on costs

Manufacturing hubs provide benefits in terms of labour subsidy, corporate income tax reductions, int...