India’s draft National Policy on Electronics (NPE) released by the Ministry of Electronics and Information Technology (MeitY) has set an ambitious target of creating a $400 billion electronics manufacturing industry by the year 2025, with mobile devices segment accounting for three-fourths of the production. The proposed policy aims to double target of mobile phone production … Read more
Eicher Motors’ unlisted subsidiary — VE Commercial Vehicles (VECV) has decided to set up a new manufacturing facility at Bhopal. The existing capacity is 90,000 vehicles and the proposed capacity addition is 40,000 vehicles. The Period within which the proposed capacity is to be added is 18‐24 months. The investment required for setting up new … Read more
Vivimed Labs’ API manufacturing facility located in Cuernavaca, Mexico has been inspected by the US Food and Drug Administration (USFDA). The inspection was successful and company obtained Establishment Inspection Report (EIR). This was a routine inspection by the USFDA. Vivimed Labs is engaged in providing specialty chemicals and pharmaceuticals products. The company offers products for … Read more
Dixon Technologies (India) has commenced manufacturing of Mi LED TVs for Xiaomi. The said manufacturing will take place from Dixon’s state of the Art manufacturing facility located at Tirupati in the state of Andhra Pradesh. Dixon Technologies (India) is the largest home grown design-focused and solutions company engaged in manufacturing products in the consumer durables, … Read more
The industrial growth, based on Index of Industrial Production (IIP), was 3.2 per cent in April last year. The IIP for March this year has been revised upwards to 4.6 per cent from 4.4 per cent estimated earlier. As per the data released by the Central Statistics Office (CSO), the manufacturing sector which accounts for … Read more
Lumax Industries has inaugurated its 9th lighting manufacturing facility in India at Sanand, Gujarat. The state-of-the-art, automated facility has been setup with an initial capacity of 300,000 car-sets annually, on an area of 7 acres. The plant was setup in record time of 8 months through the concerted efforts of the team and unstinted support … Read more