The program complements efforts to boost domestic rare earth magnet production, addressing global supply chain vulnerabilities and ensuring mineral availability for India's green sector.
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The two nations discussed joint initiatives in manufacturing, electronics, and clean tech on the sidelines of the G20 trade meet in South Africa
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Our first factory in Pune, inaugurated in December 2023, marks a strong step forward, and our second facility in Chennai, focused on air conditioners and compressors, is underway."
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However, if production has increased from the existing capacity after outsourcing, benefits will be given to firms if they meet the targets.
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The brokerage said total earnings for the sector will show divergence, with domestic steel volumes staying firm but profitability muted.
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The company stated that the acquisition will combine Concord's manufacturing and system-integration capabilities with Progota's research and development strengths.
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The US has warned it will impose sanctions and other punitive measures on countries supporting a UN-backed carbon tax on maritime transport.
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He also highlighted the state's robust industrial infrastructure, skilled workforce, and policy-driven approach for ease of doing business and discussed strengthening cooperation in automotive manufacturing, robotics, and advanced technologies.
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State-run TCIL, as a master system integrator, works closely with homegrown companies, and enables them with market access in multiple geographies such as Africa and Middle East.
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Fakhri said Prose Technologies is also looking to cater to the neighbouring market from India, particularly Southeast Asia and the Middle East.
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The company website said it manufactures, stores and researches explosives and munitions for the military and aerospace and commercial demolition industries.
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President of FIP, called for the grounding of Boeing 787 aircraft and a comprehensive inspection of their electrical systems, citing recurring technical problems and safety concerns.
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For Hettich, local manufacturing is more than a cost efficiency and ready availability- it is about nurturing innovation, creating employment, and building future-ready capabilities.
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A recent inspection by the Central Drugs Standard Control Organisation (CDSCO) exposed the unit's appalling conditions and total non-compliance with Good Manufacturing Practices (GMP), the sources said.
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Madhya Pradesh aims to significantly increase its national milk production share. The state government is also ensuring fair prices for farmers through schemes like Bhavantar Bhugtan Yojana for soybean growers.
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Fuel loading at India's first prototype fast-breeder reactor in Kalpakkam is set to begin next week. This marks a significant step for India's nuclear program. The 500 MWe reactor will be the second of its kind globally. Once operational, it will help recycle spent fuel and
reduce radioactive waste....
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The new fundraise will help the platform bid for and develop greenfield transmission and standalone battery energy storage system (BESS) projects across India.
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The second phase would expand the facility so it can serve the floating offshore wind industry, the company said. Phase three would include manufacturing control systems, electronics and other key components.
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