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Diversified

Government intervention in promoting ‘Make in India’ in public procurement has resulted in Indian companies garnering over Rs.50 billion in projects. Changed procurement conditions have helped companies receive business from Railways, GAIL India, and Oil and Natural Gas Corporation. One of the beneficiaries is Jindal Steel and Power Ltd (JSPL). It had earlier been kept […]

Sushil Kumar Modi, Deputy Chief Minister of Bihar, inaugurated the first startup hub at Patna in Bihar. Ceremony was performed on 16 March 2018. New startup hub will provide work station and office space equipped with free of cost “plug and play” facility to be made available for 31 startup companies. State government is committed […]

In a major shot in the arm of Uttar Pradesh government’s efforts to shore up renewable energy in Uttar Pradesh, the green energy sector has attracted private investment proposals worth over Rs.728 billion. Green energy sector accounted for over 15% of the composite Rs 4.68 trillion worth of Memorandum of Understanding (MoUs) signed during the […]

Flagship brand of Marriott International, the J W Marriott group, is reinforcing its focus on food and beverage (F&B) and styling its properties to cater to the uniquely Indian desire for grand weddings in its bid to win over the growing tribe of domestic customers. While adapting to local needs and preferences is not new, […]

Union Ministry of Defence has initiated the process to set up India’s 1st defence industrial corridor in Tamil Nadu. Corridor will link Chennai with four towns, Hosur, Coimbatore, Salem and Tiruchirappalli, to promote industries manufacturing weapons and military equipment. Defence ministry will soon engage a top consultancy firm to draw up the detailed project report […]

During the Andhra Pradesh CII Partnership Summit 2018, 14 companies inked memorandums of understanding (MOUs) with Andhra Pradesh with total investment intents of Rs 3,500 crore in Sri City. These companies were from various sectors such as engineering, renewable energy, consumer durables, food processing, among others. Of the 14 companies, three each were from China […]

Pennar Industries has secured orders worth Rs 152 crore across business units. Company has received repeat orders for stainless steel sidewall and roof assemblies from integral Coach Factory and Modern Coach Factory. It has also secured order from BEML for coach components. Pennar Engineered Building Systems has obtained order for rail engine manufacturing unit from […]

nion Shipping and Ports Minister Nitin Gadkari on Saturday said 24 companies had offered to invest more than Rs. 60,000 crore in a special economic zone adjoining the country’s largest container port JNPT. “Twenty-four companies have already offered to… set up (ventures) in JNPT SEZ.., [and] who will use it for exports,” Mr. Gadkari said, […]

State government of Andhra Pradesh and Make in India Korea Center (MIC) signed a memorandum of understanding (MoU) to set up Korea industrial complex in the state. As per the MoU, the Andhra Pradesh centre will be established at Busan in South Korea. MIC will also conduct outreach programmes in Korea for the promotion of […]