Manufacturing

Indo-German trade volume to reach € 30 bn in 5 years | VDMA India MD Mr. Rajesh Nath in an interview with Mr. Subhajit Roy Germany is India's largest trading partner in Europe and among India's top ten global trade partners. Bilateral trade between Germany and India in 2018 was valued at more than Euro 20.41 billion. Today, more than 1,700 German companies are active in India, providing around 400,000...

India’s manufacturing sector activity strengthens in December: PMI India’s manufacturing sector continued to strengthen in December with companies stepping up production and input buying amid efforts to rebuild their inventories following pandemic-driven business closures earlier in 2020, according to a private survey. Data released by analytics firm IHS Markit on Monday showed Purchasing Managers’ Index (PMI) for manufacturing sector picked up marginally in December to 56.4 from 56.3 a month ago....

PM Modi Inaugurates India's First-Ever Driverless Train Operations Industrial News Bulletin - 28th December'20 | Headlines for the Industry News Today: • PM Modi inaugurates India's first-ever driverless train operations • Adani's deal to buy stake in Odisha Power Generation Corp cancelled • Govt identifies new routes for waterways • Hartek Solar bags 1.8-MW rooftop project from Bikaji PM Modi inaugurates India's first-ever driverless train operations Prime Minister Narendra Modi inaugurated India’s first-ever driverless train operations...

How Renewable Energy & Electric Vehicles Gaining Momentum In India: Dr Rashi Gupta with Subhajit Roy Renewable energy and electric vehicles are sunshine sectors in India. mojo4industry speaks to Dr. Rashi Gupta, Asia's Most Influential Women in Renewable Energy Sector 2020, to understand how renewable energy and electric vehicles are gaining momentum in India. Fondly known as Batterywali of India, Rashi is a pioneer in India in advanced lithium batteries...

Industrial News Bulletin - 23rd December'20 Headlines for the Industry News Today: Highlights • World Bank to fund $500 Mn 'green' highways project in India • Karnataka approves electric vehicle manufacturing projects of about Rs 23,000 Cr • GMR Infra gets approval from stock exchanges on proposed demerger plan • Vikram Solar commissions rooftop solar plant at its manufacturing facility near Kolkata • EXCON 2021 to be held in Bengaluru from December 7-11, 2021 World Bank...

Industrial News Bulletin - 21st December'20  Headlines for the Industry News Today: 📰 New electricity rules give consumers right to 24x7 supply 📰 Nitin Gadkari inaugurates and lays foundation stone of NH projects worth over Rs 13,000 Cr in Telangana 📰 ONGC starts oil production in Bengal Basin 📰 Panasonic Life Solutions India wins 'Golden Peacock Award for Environment Management' for 2020 New electricity rules give consumers right to 24x7 supply Consumers across the country...

Weekly News Summary: A roundup of stories making headlines in industry this week on mojo4industry.com Hello, you are watching mojo4industry – India's 1st mobile journalism platform for industry. In this weekly wrap-up, we are going to take you through some of the latest developments in Indian industry. Let’s take a quick look at the key headlines. Defence Ministry approves acquisition of weapon systems worth ₹ 28,000 Cr Prime Minister unveils key projects...

Auto Component Industry to Rebound in 2021 | Interview: Mr. Vinnie Mehta, Director General, ACMA, with Subhajit Roy The Automotive Component Manufacturers Association of India or ACMA is the apex body representing the interest of the Indian auto component industry. Its membership of over 800 manufacturers contributes more than 85% of the auto component industry’s turnover in the organised sector. In an exclusive interview with Subhajit Roy, Mr. Vinnie Mehta,...

PM unveils key projects in Gujarat Prime Minister Narendra Modi unveiled various developmental projects in Gujarat. These projects include a desalination plant, a hybrid renewable energy park, and a fully automated milk processing and packing plant. The Chief Minister of Gujarat was present on the occasion. The Prime Minister said, foundation stone laid for the Renewable Energy Park in Kharera, Desalination plant in Mandvi and the New Automatic plant at Sarhad...

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...

TVS Srichakra announces Rs 1,000 Cr expansion plan TVS Srichakra Ltd., an Indian manufacturer of 2 & 3 wheeler tyres and off-highway tyres, announced its planned capital expenditure of 1,000 crore to ramp up manufacturing in its Madurai and Pantnagar plants. This investment is planned to be made over a three-year period. The investment, when fully made, will result in an increase in 2 & 3 wheeler tyre capacity by...

India's manufacturing PMI slips to 3-month low in Nov India's manufacturing sector lost growth momentum in November, as a slower order flow and COVID-related restrictions impacted output. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) fell from 58.9 in October to a three-month low of 56.3 in November, indicating that the manufacturing sector growth remained strong, despite losing traction.