Skoda Auto Volkswagen India (SAVI) resumed its operations in India as the Covid-19 disruption eases following improvements in supply chain activities and staff availability.
Rashmi Rare Earth Ltd (RREL), the electronics manufacturing unit of a multi-dimensional business conglomerate Rashmi Group, has become the highest manufacturer of N95 masks in India.
Hannover Messe is organizing its maiden digital event titled – 'Hannover Messe Digital Days', a virtual event for major industrial automation sectors on July 14-15, 2020.
The first quarter of 2020 saw a 25 per cent decline in orders, in comparison to the same period last year received by the German machine tool industry. Orders from within Germany fell by 22 per cent and 27 per cent fewer orders from overseas.
Technology Centers, Bhubaneswar, Jamshedpur and Kolkata of the Ministry of MSME are now manufacturing critical parts of Real Time Quantitative Micro PCR System for AMTZ, Vishakhapatnam.
One of the new entrants in the domestic market, MG Motors India Pvt Ltd is planning to increase its investment in the electric vehicle arena in India from 2022.
Owing to the health and safety requirements imposed by the state of Illinois for holding trade exhibitions and conventions, The International Manufacturing Technology Show (IMTS) 2020 has been called off.
FM Deems Tax Cut-Off Extension on New Manufacturing Investments
With the Federal Government considering to ease strain on corporations, Indian Finance Minister Nirmala Sitharaman has said she is looking into availing a lower tax rate on new investments in manufacturing.
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