Manufacture

The No.1 U.S. automaker, which warned last year that persistent industrial action was preventing further investment in South Korea, builds EVs in the United States and China. It also has plans to build the vehicles in Mexico and Canada.

ICEA urges Centre to extend timeline of PLI scheme by a year

In its letter to the Centre, the ICEA proposed that the current fiscal (FY21) be considered as "zero year" with no incremental incentive for production to make up for disruptions due to the pandemic.

India to set up single-window Investment Clearance Cell to facilitate faster approvals: Report

As per the plan, the Centre is looking to set up an implementation agency by September 1 and it will be completed in four phases

Rajnath Singh urges Russian defence industries to jointly manufacture in India

The defence minister said the Indian government is encouraging Orignal Equipment Manufacturers (OEMs) to make use of the 'Make in India' initiative.

TV makers turn to imports to cut costs: Report

The vital component of a television set has a 5 percent custom duty while finished products are cheaper to import from FTA countries

Honda begins pre-bookings for WR-V in India

The company will launch the vehicle on March 16 and has initiated pre-bookings for the upcoming model at its dealerships for an amount of Rs 21,000.

Russia to start deliveries of helicopters to India in 2018

India and Russia signed an agreement in October to jointly manufacture 200 of the KA-226T helicopters for the Indian Armed Forces.

L&T goes on offensive with JV to make missiles for defence

Larsen & Toubro, which has for long wanted a bigger footprint in the Indian defence sector, has got cracking on its ambitious plans. The company today announced a 51:49 joint venture with Europe‘s MBDA Missile Systems with an eye on Rs. 10,000 revenues from the defence sector by 2021.

Future Consumer forms JV with Tilda Hain India

It further said: "The company and Hain India each shall hold 50 percent of the paid-up share capital of the JV company. Both shall have the right to nominate three directors each on the board of the JV company." Future Consumer is the FMCG arm of the Future Group and sells a portfolio of products, including Tasty Treat, Nilgiris, Golden Harvest.

McLeod Russel Q2 net profit moves up 13% to Rs 132 cr

McLeod Russel India today reported 13 percent increase in its standalone net profit at Rs 132.08 crore for the second quarter ended September.

Gulf Oil ties up Bajaj Auto for lubes

Under this tie-up, Gulf Oil will manufacture Bajaj genuine oil and distribute these lubes at Bajaj Auto's dealerships as well as tap into the bazaar market through its wide spread dealer network.

Rafale: Parrikar keen on SAFRAN's manufacturing unit in Goa

The Defence Minister also appealed state Chief Minister Laxmikant Parsekar for setting up courses for skill development in aeronautical engineering.

Hero Motors to manufacture bike gears for Ducati

One of the world's leading motorcycle manufacturers has chosen Hero group's transmission division to make an important component of its premium motorcycles is evidence of the company's expertise, the company said in a statement.

Bharat Forge sets up ordnance factory in Pune

The facility was inaugurated on October 1 by Defence Minister Manohar Parrikar, the company said in a statement issued here.

Aurobindo gets tentative USFDA nod for HIV drug

In a BSE filing, Aurobindo Pharma said it has received "tentative approval for Dolutegravir 50 mg from US Food & Drug Administration (USFDA) for the treatment of HIV.

India, US to sign key logistics agreement

The agreement called the 'Logistics Exchange Memorandum of Agreement' (LEMOA) is likely to be signed during Defence Minister Manohar Parrikar's visit to the US, starting August 29.

GE, L&T partner to manufacture subsea equipment

"Contributing to India's exploration and production (E&P) activities in the oil and gas sector, GE has signed an exclusive MoU with L&T Hydrocarbon Engineering, a wholly-owned subsidiary of L&T," the company said in a statement.

Manufacture, sale & distribution of 439 drugs prohibited: Govt

"The government has so far prohibited/restricted/ suspended 439 drugs for sale, sale and distribution in the country. Out of these, 95 drugs had been prohibited earlier.

Rel Defence gets 16 industrial licences for missiles, equipment

"Of the 16 new licences given to Reliance Defence Ltd, 11 pertain to Land Systems, 3 for the Naval Systems and remaining 2 covering niche technologies across the Defence spectrum," the company said in a statement.

Aurobindo Pharma gets USFDA nod for blood pressure drug

The drug is bio-equivalent and therapeutically equivalent to the reference listed product Exforge of Novartis Pharmaceuticals Corporation.

Aurobindo Pharma gets USFDA nod for gastro reflux drug

"The company has received final approval from the US Food and Drug Administration (USFDA) to manufacture and market Esomeprazole Magnesium delayed release capsules USP, 20mg and 40 mg," Aurobindo Pharma said in a BSE filing.

BEML signs pact with Dredging Corporation of India

The pact is for supply of various types of spares for the existing dredgers and also supply of backhole excavators for new dredgers.

Disruptions from twin quakes in southern Japan hit economy

Toyota Motor Corp says it has stopped production at a factory in Kyushu, where the quakes struck late Thursday and early Saturday, killing at least 42 people and leaving nearly 1,100 people injured.

SRF to manufacturer next generation refrigerant gas

The initiative will make the company the first technology developer outside the US and Europe to manufacture this gas, which is expected to find increasing use in car air-conditioning systems globally in future, SRF said in a regulatory filing.

"Make-in-India" for M777 takes Centrestage at DefExpo 2016

BAE Systems’ world-class, battle proven M777 Ultra Lightweight Howitzer, for which India and the United States are in discussions for a Foreign ...