Latest advanced manufacturing News & Updates

New Delhi, July 25 (IANS) Around 70 startups sought investments worth nearly Rs 1,500 crore at the second edition of ASSOCHAM Investor Connect, which brought together entrepreneurs, investors, corporates and policymakers to strengthen India’s innovation-driven startup ecosystem, the industry body said on Saturday.More than 450 startups from across the country applied for the programme, out of which 200 were shortlisted after a rigorous evaluation process aligned with the investment priorities of…

Washington, July 25 (IANS) The Trump administration this week defended an ambitious overhaul of America’s scientific research enterprise, arguing that artificial intelligence, quantum computing and advanced manufacturing will be central to keeping the United States ahead of China in technologies that will shape the coming decades, a strategy with implications for key partners such as India.Appearing before the House Committee on Science, Space and Technology, White House Office of Science and Te…

New Delhi, July 20 (IANS) India and Spain have agreed to advance technical discussions on interoperability between India’s Unified Payments Interface (UPI) and Spain’s Bizum digital payments platform, according to a statement issued by the Commerce Ministry.The issue was taken up during Commerce Minister Piyush Goyal’s visit to Spain as part of his four-nation tour to Europe from July 13 to 18.Goyal held productive discussions with Carlos Cuerpo Caballero, First Vice-President and Minister of …

New Delhi, July 16 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday said India-Finland relationship is entering a decisive new phase, with “our leaders elevating our ties to a Strategic Partnership in Digitalization and Sustainability earlier this year”.Addressing the India-Finland Business Roundtable with Finland’s Minister of Economic Affairs, Sakari Puisto, the minister underscored the immense opportunities that lie ahead through stronger trade and investment ties, particula…

New Delhi, June 27 (IANS) Union Commerce and Industry Minister Piyush Goyal has urged Indian companies to deepen engagement with their UK counterparts and translate opportunities under the India-UK Comprehensive Economic and Trade Agreement (CETA) into sustained business growth, it was announced on Saturday.Addressing the India-UK: Partners in Progress Business Plenary in London, Goyal said the landmark trade pact offers significant opportunities to strengthen bilateral trade, investment, techno…

Gandhinagar, June 13 (IANS) The Gujarat government will unveil its new Industrial Policy 2026 on June 15, setting out a fresh roadmap aimed at accelerating industrial growth, attracting investment and expanding employment opportunities across the state. The policy will be launched at Mahatma Mandir in Gandhinagar by Gujarat Chief Minister Bhupendra Patel and Deputy Chief Minister Harsh Sanghavi, who also holds the industries portfolio.According to the state government, the policy is expected to …

Washington, June 12 (IANS) A bipartisan group of US lawmakers has introduced legislation aimed at boosting semiconductor manufacturing in space, arguing that the United States risks falling behind China in a critical area of advanced technology.The proposed Semiconductor Superiority Act, which has been introduced by Republican Senator Ted Budd and Democratic Senator Michael Bennet, would clarify that semiconductor manufacturing facilities operating in low-Earth orbit are eligible for tax incenti…

New Delhi, June 3 (IANS) India and South Africa on Wednesday agreed to deepen bilateral cooperation in future technologies, with artificial intelligence (AI), digital infrastructure and advanced manufacturing emerging as key focus areas for the next phase of engagement between the two countries, according to an official statement.The Ministry of Science & Technology stated that the decision was taken during bilateral talks between Union Minister Dr Jitendra Singh and South Africa’s Deputy Mi…

New Delhi, May 22 (IANS) The Federation of Indian Export Organisations (FIEO) on Friday said it sees the upcoming visit of Commerce and Industry Minister Piyush Goyal to Canada as an important step towards strengthening bilateral economic and trade relations between the two countries.The visit from May 25–27 assumes significance at a time when India and Canada are actively working towards reviving negotiations on the proposed Comprehensive Economic Partnership Agreement (CEPA), with an ambitio…

Mumbai, May 20 (IANS) Chief Minister Devendra Fadnavis on Wednesday said that Maharashtra is ready to lead the transition in the nuclear energy sector and appealed to American companies to invest in the state. He further stated that Artificial Intelligence (AI), data centres, semiconductors, green hydrogen, electric mobility, and advanced manufacturing are driving a massive surge in the demand for stable and uninterrupted power.Long-term industrial growth cannot rely solely on solar and wind ene…