[ad_1] Representative image | Photo: Nicolo Filippo Rosso | Bloomberg Text size: A- A + New Delhi: With the world joining hands to find a vaccine for Covid-19, all eyes are on India, the power of vaccine manufacturing. India produces 60 percent of the world’s vaccines and accounts for 60-80 …
Read More »Bhel’s Make in India pushes its dormant plants; invites global companies to use their manufacturing facilities
[ad_1] Bhel’s proposed partnership can save time for foreign partners while putting Bhel’s idle factories and employees to work. (Bloomberg image) Following lower utilization of its manufacturing facilities, the state-owned company Bharat Heavy Electricals (Bhel) called for the expression of interest (EoI) from foreign companies, which want to use their …
Read More »India one step closer to manufacturing key drugs to treat Covid-19
[ad_1] The Hyderabad-based Indian Institute of Chemical Technology (CSIR-IICT) has synthesized Key Starting Materials (KSM) for Remdesivir, the first step in developing the active pharmaceutical ingredient in a drug. IICT has also started so-called technology demos for drug makers like Cipla so that manufacturing can start in India if needed. …
Read More »India’s manufacturing sector activity hits record low in April amid shutdown: PMI
[ad_1] NEW DELHI: Activity in the country’s manufacturing sector witnessed an unprecedented contraction in April amid national closure restrictions, after which new business orders collapsed at a record pace and companies dramatically reduced their number of employees, a monthly survey said Monday. The seasonally adjusted IHS Markit India Manufacturing Purchasing …
Read More »Ministry of Commerce works to identify key sectors to make India a manufacturing hub
[ad_1] New Delhi: The Ministry of Commerce and Industry is working to identify certain key sectors, such as capital goods, leather and chemicals, in order to establish India as a manufacturing hub, according to sources. Several meetings have been held with stakeholders, including chambers of industry, to identify those sectors …
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