The funds will be utilized for product development, marketing and research
Citing data sourced from manufacturers, Society of Manufacturers of Electric Vehicles reportedly said FY23 saw sales of 1.2 lakh low-speed (LS) e-scooters with top speed less than 25 km/hr
The survey further revealed that after experiencing revival of Indian economy in the FY 2021-22, momentum of growth has continued for the subsequent quarters of FY 2022-23 with some temporary effect of global slowdown on Indian manufacturing
The minister further highlighted about the opportunity for the sector from across the world especially in the wake of the COVID-19 pandemic and exhorted the industry to seize it
The company announced over Instagram that it would discontinue a fan favorite in 2023.
Machine tools don't always need to be operated by hand. Discover the meaning of CNC, or computer numerical control, in this explanatory guide.
Government To Take Serious Action If Any Auto Firm Does Not Allow Its Component Suppliers To Manufacture Locally, Says Piyush Goyal
The commerce and industry minister also advised the industries to focus mainly on five areas including quality, increased value addition in India and focus on new markets
The fresh funds will be invested to add incremental capacity and strengthen the company's R&D initiatives
The company will utilize the funds to accelerate its growth trajectory towards becoming India's top positioned hygiene products giant, and to further strengthen its manufacturing prowess
The investments will enable DriveX to further scale up offerings in the pre-owned two-wheeler space in India
The confederation asks government not to take coercive action against any trader or unit for at least the first year of the ban
Understanding what looks different is crucial to evolving and growing through those changes.
How is the country set to be the world's leading manufacturing hub?