Spanish PM to begin India visit today; inaugurate Vadodara facility for manufacturing C-295 aircraft with PM Modi on October 28

Spanish PM to begin India visit today; inaugurate Vadodara facility for manufacturing C-295 aircraft with PM Modi on October 28

Spain’s Prime Minister Pedro Sanchez. File. | Photo Credit: Reuters Prime Minister Narendra Modi and his Spanish counterpart, Pedro Sanchez, will inaugurate the Tata aircraft complex in Gujarat’s Vadodara on Monday (October 28, 2024) for manufacturing C-295 aircraft by Tata Advanced Systems. The Prime Minister’s Office (PMO), in a statement on Saturday, said this will … Read more

Licence of firecracker manufacturing units suspended for violating safety norms

Licence of firecracker manufacturing units suspended for violating safety norms

The licence of four firecracker manufacturing units in Mayiladuthurai district have been suspended for non-compliance with safety regulations. This action was taken by the district administration to ensure public safety and prevent potential hazards. The suspended factories belong to R. Munusamy from Tittai village, Sirkazhi taluk; S. Balamurugan from Thiruvalangadu village, Kuthalam taluk; T. Durai … Read more

No need to panic; these 5 sectors providing good long-term buy opportunities: Vikas Khemani

No need to panic; these 5 sectors providing good long-term buy opportunities:  Vikas Khemani

“We will look for companies, at the end of it, it boils down to the company’s availability at the right price. So, you keep looking for your right price and right names and as and when they come, jump in and when we raise the new fund, we are still sitting on some bit of … Read more

30% of global GDP growth will come from India between 2035-2040: Amitabh Kant

30% of global GDP growth will come from India between 2035-2040: Amitabh Kant

Lauding India‘s structural reforms, Amitabh Kant, India’s G20 Sherpa and former Niti Aayog chief, said such reforms have moved the country from the fragile 5 to the top 5, leading to a growth rate of about 8.4% in the last 3 quarters.“Analysts are correct in saying that 30% of the global GDP growth will come … Read more

Factories around the world are slowly cranking into gear again

Factories around the world are slowly cranking into gear again

Assembly lines around the world are starting to hum again, marking a turn in a years-long manufacturing slump. The nascent industrial recovery is led by the world’s two biggest economies. Chinese manufacturing has made a strong start to the year, boosting the economic outlook, and US factory activity unexpectedly expanded last month for the first … Read more

NASA Glenn Earns R&D 100 Award  – NASA

NASA Glenn Earns R&D 100 Award  – NASA

R&D Magazine and a panel of experts have chosen NASA’s Glenn Research Center’s GRX-810: A 3D Printable Alloy Designed for Extreme Environments as one of the 100 most technologically significant new products of the past year to receive the prestigious 2023 R&D 100 Award.    NASA Alloy GRX–810, an oxide dispersion strengthened (ODS) alloy, can endure … Read more

Tamil Nadu inks pact with Godrej for a manufacturing plant with ₹515 crore investment

Tamil Nadu inks pact with Godrej for a manufacturing plant with ₹515 crore investment

The MoU for setting up the manufacturing unit of Godrej Consumer Products Limited, near Tiruporur, with an investment of ₹515 crore was signed in the presence of Tamil Nadu Chief Minister M.K. Stalin, in the Secretariat, on August 10. Also seen in the picture are State Industries Minister T.R.B. Rajaa and Nisaba Godrej, GCPL’s Executive Chairperson. … Read more

No forests cut for manufacturing paper: IPPTA

No forests cut for manufacturing paper: IPPTA

Disproving misconception about the paper industry, the Indian Pulp and Paper Technical Association (IPPTA) on Wednesday clarified that the paper industry doesn’t cut forests as assumed for manufacturing paper since nearly 77-80% of the paper that is produced in the country was using recycled paper. “India produces nearly 25 million tonnes of paper annually and … Read more

India’s economy and the ‘elegant excuse for being incompetent’

India’s economy and the ‘elegant excuse for being incompetent’

The government’s all-out push to turn India into a manufacturing powerhouse started sounding credible after the world began turning away from China for geopolitical reasons and looking at options to shift supply chains. Just when it seemed it’s India’s moment to replace China as the world’s factory, a major debate has erupted whether India would … Read more

India should benefit from using new technologies like Chat GPT: Narayana Murthy

India should benefit from using new technologies like Chat GPT: Narayana Murthy

“Well I am first an Indian citizen and then a tech entrepreneur so therefore I would want India to make tremendous progress, not just in IT but in every sector,” says NR Narayana Murthy, Founder, Infosys.What about manufacturing as an industry because a lot of people are saying that manufacturing is positioned the way services … Read more