Manufacturing Financial News

Subscribe to enjoy similar stories. Chennai-based electric air taxi startup The ePlane Co is looking to raise another $30-50 million as it prepares to manufacture three prototypes by 2026 and set the stage for its first launch. The startup has been conservative in tapping investors so far, securing $20 million since it was founded in 2019.

Subscribe to enjoy similar stories. New Delhi: As US president Donald Trump's reciprocal tariff threat loomsfor Indian exports of engineering goods and pharmaceuticals to textiles,the booming electronics goods shipments may be the least at risk. The duty disparity or the gap between import levies is one of the lowestfor electronics among major categories, according to two people aware of the matter, who spoke on the condition of anonymity.

Ashwini Vaishnaw, Union Minister of Railways, Information & Broadcasting, and Electronics & Information Technology, said that Assam will also see the introduction of two Amrit Bharat Trains within the next 10 months, along with two new intercity train services connecting Guwahati to Silchar and Agartala. Vaishnaw attended the Advantage Assam 2.0 Investment and Infrastructure Summit in Guwahati and delivered a talk during one of the sessions. A new mega railway workshop will be established in Basbari, Bodoland, fulfilling a key commitment under the Bodoland agreement while accelerating industrial growth. Additionally, a dedicated mid-life reconstruction facility for locomotives will be set up in Lumding to enhance railway operations and maintenance. He further stated that Guwahati Railway Station is undergoing a major transformation into a world-class facility, incorporating a 12-storey IT park to foster technological innovation and employment.

optical fibre from the Bay of Bengal through the River Brahmaputra. Chief Minister Himanta Biswa Sarma said that in the era of digital transmission, connectivity is the lifeline of progress, and Assam is steadfast in leading this revolution to achieve the fast-paced growth of the state. Sharing his vision at a thematic session titled «I-Way to Viksit Assam» as part of the Advantage Assam 2.0 Summit here in Guwahati, in the presence of Union Minister for Communications and Development of North Eastern Region Jyotiraditya M. Scindia, Sarma stated that Assam is fully ready to be a strong stakeholder in the digital revolution with the active support of the Government of India.

Hindustan Aeronautics Limited on Tuesday said that it has signed an MoU with BEML Ltd to collaborate on leadership and technical training programmes aimed at skill development and professional excellence. As part of this strategic collaboration, the HAL Management Academy will design and deliver induction training, middle and senior management training, specialised workshops, and certification programmes in key areas such as six sigma, quality, reliability, data analytics, and industry 4.0, the company stated.

Subscribe to enjoy similar stories. CIE Automotive India Ltd is struggling with a slowdown in its Europe business, which is adding pressure to overall profitability. Consolidated Ebitda margin fell 43 basis points year-on-year to 14.2% in the December quarter (Q4CY24).

Indonesia and Apple Inc. have agreed on terms to lift the country’s ban on iPhone 16s, said people familiar with the matter, paving the way to end a five-month tug-of-war that forced the US tech giant to raise its promised investment in the country to $1 billion.

solar manufacturing industry, according to people with knowledge of the matter, as part of a wider effort to reduce dependence on China and profit from the global energy transition.

Subscribe to enjoy similar stories. After the Trump administration put a new 10% tariff on Chinese products earlier this month, Agilian Technology, an electronics manufacturer in China, pressed forward with its plan to avoid additional levies. In the run-up to last year’s election, Agilian grew increasingly worried that the U.S.

Subscribe to enjoy similar stories. iPhone boxes carry a stamp saying they are designed by Apple in California. Smaller print makes clear one of America’s biggest manufacturing successes is mostly imported from China, where millions of people working for overseas contractors assemble the phones.

TSMC, when asked about possible investment in Intel and the United States.

Subscribe to enjoy similar stories. Drugs Controller General of India (DCGI) has sought active post-market surveillance data from the drugmakers of two fixed-dose combination (FDC) medicines—Imipramine Hydrochloride IP + Diazepam IP tablets used to ease co-morbid anxiety conditions, and Chlorphenamine Maleate IP + Ammonia Chloride IP + Sodium Citrate IP syrup used to relieve cough and respiratory distress.

Apple has announced a massive $500 billion investment plan to enhance the United States' manufacturing capabilities.

Piyush Goyal said on Monday. He said the export volume of electronic goods ranks second in the country against 167th in 2015.

Madhya Pradesh's economy can potentially increase its Gross State Domestic Product (GSDP) to USD 2.1 trillion (Rs 248.6 lakh crore) by 2047-48, growing at a CAGR of 8.6 per cent from the current USD 164.7 billion (Rs 13.6 lakh crore), according Confederation of Indian Industry (CII) report.