Manufacturing

Prime Minister Narendra Modi on Monday interacted with key industries, startups and academia from the space sector and expressed that India will soon become a manufacturing hub of space assets. PM Modi in a video conference underlined the significance of the space sector in communication and navigation and assured the participants that they will be co-passengers with ISRO in this age of space research. He said that the decision to unlock...

Ola, one of the world’s leading mobility platforms, signed the MoU with the Tamil Nadu government for an investment of Rs 2,400 crore in setting up its first factory in the state. Upon completion, the factory will create almost 10,000 jobs and will be the world’s largest scooter manufacturing facility, which will initially have an annual capacity of 2 million units, the company said in a statement. It said, “In...