Washington, June 16 (IANS) The opposition Democrats unveiled sweeping legislation in the US Senate aimed at rebuilding America’s manufacturing base, reducing reliance on Chinese-dominated supply chains and expanding federal support for industries considered vital to US economic and national security interests.The proposed Make More in America Act would significantly broaden the mandate of the Export-Import Bank of the United States (EXIM), allowing it to finance domestic manufacturing projects i…
Latest Manufacturing News & Updates
Ahmedabad, June 15 (IANS) Adani Enterprises Ltd (AEL) and global manufacturing company Jabil on Monday announced to form a strategic alliance to establish a world-class, vertically integrated AI and data centre infrastructure manufacturing platform in India.The companies plan to deploy multi-GW of high-density AI Rack manufacturing capacity in India.This will serve the critical infrastructure needs of global hyperscalers, co-location facilities, and enterprise data centres through the advanced m…
Bratislava, June 15 (IANS) Prime Minister Narendra Modi on Monday announced that the bilateral ties between India and Slovakia have been elevated to a Comprehensive Partnership as he also lauded Slovakian counterpart Robert Fico for his efforts to take the relationship between both nations to a new height. Addressing a joint press meet with PM Fico following their meeting in Bratislava, PM Modi said, “I express my heartfelt gratitude to Prime Minister Fico for the warm welcome. He is an experien…
Nice/New Delhi, June 14 (IANS) Prime Minister Narendra Modi on Sunday highlighted India’s growing appeal as a global investment and innovation destination, saying the country’s growth is driven by talent, scale, stability and reforms. Addressing investors and venture capital leaders at Bharat Innovates 2026 in Nice, France, PM Modi said India offers immense opportunities across innovation, technology, manufacturing and emerging sectors, and invited the world to co-create the next chapter of glob…
Porbandar, June 13 (IANS) A 100-hectare ‘Furniture Park’ proposed for Porbandar, along with plans for a shipbuilding cluster, was placed at the centre of a high-level industry summit on Saturday, as government representatives and industry leaders discussed developing the coastal city into a port-linked manufacturing and export hub under India’s broader industrial expansion strategy. The ‘Developed Porbandar Furniture Park Summit’, chaired by Union Labour and Employment Minister Mansukh Man…
Washington, June 13 (IANS) US Treasury Secretary Scott Bessent said President Donald Trump’s push for “energy dominance” is central to the administration’s efforts to strengthen the economy, boost manufacturing and enhance national security, arguing that abundant domestic energy will be critical to winning the global race in artificial intelligence and advanced industries.Speaking at the Petroleum Club of Houston on Friday, Bessent described energy as the foundation of the administration’s econo…
Nairobi, June 12 (IANS) Indian High Commissioner to Kenya and Governor of Uasin Gishu County on Friday discussed opportunities for cooperation during the former’s visit to Eldoret “High Commissioner called on the Hon’ble Governor of Uasin Gishu County, Jonathan Bii Chelilim, during his visit to Eldoret,” the High Commission of India in Nairobi wrote on X.“Discussions pertained to opportunities for cooperation between India and Uasin Gishu county within the larger framework of India-Kenya…
Guwahati, June 9 (IANS) Assam Chief Minister Himanta Biswa Sarma on Tuesday said the state is well-positioned to play a key role in strengthening India-European Union (EU) linkages, citing its growing economic potential, strategic location and improving connectivity.Taking to X, Sarma said he extended a warm welcome to the European Union delegation visiting Guwahati, led by EU Ambassador to India Herve Delphin.”Extended a warm welcome to the EU delegation to Guwahati led by Ambassador Herve Delp…
New Delhi, June 8 (IANS) Deal activity in India cooled in May 2026 from an exceptionally strong April, with 196 transactions worth $11 billion, a report said on Monday.Excluding public market activity, the month witnessed 190 M&A and PE deals worth $10.2 billion, marking an ease of 10 per cent in volumes and a 53 per cent ease in values compared to the previous month.Large-ticket deals continued to shape monthly totals despite a pullback in overall volumes and values.The month’s volume was s…
Washington, June 6 (IANS) President Donald Trump has hailed stronger-than-expected US jobs growth in May, saying the latest employment figures showed the economy was outperforming forecasts despite ongoing tensions with Iran. Speaking at an agriculture roundtable in Chippewa Falls, Wisconsin, on Friday (local time), Trump said the US economy added 172,000 jobs in May.”For the third month in a row, the jobs numbers … smashed all expectations,” Trump said.He said economists had projected far few…