New Delhi, May 8 (IANS) Commerce Secretary Rajesh Agarwal undertook an official visit to Switzerland from May 6-7 to advance the implementation of the India-European Free Trade Association Trade and Economic Partnership Agreement and strengthen India–Switzerland trade and investment engagement, the Ministry of Commerce and Industry said on Friday. The ministry stated that during the visit, the Commerce Secretary held a bilateral meeting with Helene Budliger Artieda, State Secretary, Swiss Stat…
Latest advanced manufacturing News & Updates
Amaravati, May 7 (IANS) Andhra Pradesh Minister for Information Technology and Electronics, Nara Lokesh, said on Thursday that iconic motorcycle manufacturer Royal Enfield’s investment in a new manufacturing plant is a strong endorsement of the state’s speed of doing business. This investment is a strong endorsement of Andhra Pradesh’s speed of doing business, robust infrastructure ecosystem, and our commitment to becoming a leading manufacturing destination in India, he added.The bullet maker h…
New Delhi, April 27 (IANS) The Confederation of Indian Industry (CII) on Monday said that New Zealand’s commitment to facilitate $20 billion in investment over 15 years is expected to catalyse the development of industrial infrastructure, manufacturing ecosystems, and innovation clusters across India.Hailing the signing of the India–New Zealand Free Trade Agreement (FTA), the apex industry chamber said that the FTA’s provision of 100 per cent duty-free access for Indian exports is expected…
Seoul, April 25 (IANS) The long overdue visit of the South Korean President Lee Jae Myung to India earlier this week signalled a reset in ties, with both nations acknowledging that their earlier engagement was too limited for a world shaped by tariffs, chips, supply-chain shocks and great-power pressure. According to a report in ‘One World Outlook’, India and South Korea offer a pragmatic model of cooperation, bringing together a large emerging democracy and an advanced industrial democracy th…
Sanand (Gujarat), March 29 (IANS) Sanand’s rapid transformation from an automobile manufacturing centre into a key node in India’s semiconductor ambitions is set to advance further with Prime Minister Narendra Modi scheduled to inaugurate an outsourced semiconductor assembly and test (OSAT) facility by Kaynes Semicon on March 31.The facility, being established at a cost of Rs 3,300 crore, was approved by the Union Cabinet on September 23, 2024, under the National Semiconductor Mission.Locate…
Seoul, Feb 23 (IANS) South Korean and Brazilian business communities on Monday proposed measures to strengthen cooperation in strategic areas, including advanced manufacturing and key minerals, at a bilateral business forum held in Seoul, industry officials said.The Federation of Korean Industries (FKI) and the Brazilian Trade and Investment Promotion Agency presented such proposals at the Korea-Brazil Business Forum, held on the occasion of Brazilian President Luiz Inacio Lula da Silva’s three-…
Mumbai, Jan 31 (IANS) State Bank of India Chairman CS Setty on Saturday said that expectations in the financial sector ahead of the Union Budget remain anchored in continued fiscal prudence and called for a level playing field for financial savings instruments.“As a banker, I would definitely say there should be a level playing field. In an evolving equity environment, there is a case for ensuring a neutral and balanced approach to financial savings instruments,” Setty shared his expectation…
Guwahati, Jan 20 (IANS) Assam Chief Minister Himanta Biswa Sarma said on Tuesday that the state is proactively preparing its workforce for an increasingly automated and Artificial Intelligence (AI)-driven future, leveraging its young demographic advantage and focusing on industry-aligned skill development. Speaking on the second day of the World Economic Forum Annual Meeting here, CM Sarma shared how Assam is reshaping its skilling ecosystem to meet the demands of emerging technologies and futur…
Gandhinagar, Jan 18 (IANS) As India preps up for its power-packed representation at the upcoming World Economic Forum (WEF), a high-level delegation of the Gujarat government led by Deputy Chief Minister Harsh Sanghavi is set to make its presence felt at the five-day-long Summit, widely perceived as the gathering of global elites. The WEF Annual Meeting is set to get underway from January 19 to 23 at Davos-Klosters, Switzerland.The 56th edition of the WEF meet will see world leaders, senior dipl…
Washington, Jan 14 (IANS) Eminent American trade and strategic advocacy group the US–India Strategic Partnership Forum welcomed India’s participation in the Finance Ministerial on Securing Critical Minerals Supply Chains in Washington, calling it an important step in strengthening US–India cooperation in a critical strategic sector.India was represented at the meeting by Ashwini Vaishnaw, Minister for Railways, Information and Broadcasting, and Electronics and Information Technology. The m…