Indian NR output to exceed the target this fiscal

Kochi: India's natural rubber production has grown 17.58 per cent year-on-year to 622,000 tonnes in 2016-17 (till February), and the total production for the year is expected t...

L&T, European co MBDA tie up for missiles

New Delhi: Larsen & Toubro (L&T) and European defence manufacturer Matra BAe Dynamics Alenia (MBDA) have formed a joint venture (JV) to develop and produce new-generation t...

Cabinet approves incentive scheme, boost for electronics manufacturing

New Delhi: The Union Cabinet has approved incentives up to Rs 10,000 crore (US$ 1.47 billion) for investors by amending the Modified Special Incentive Package Scheme (M-SIPS) schem...

Apple plans to make iPhones in Bengaluru from April

Bengaluru: Wistron Corporation, Apple Inc's Taiwanese manufacturing partner, is setting up a plant at Peenya, Bengaluru, to manufacture iPhones for the Indian market from as ea...

Coca-Cola to set up Rs 750 cr plant in Hoshangabad district

Bhopai: Coca-Cola, the US-based beverage giant, plans to invest around Rs 750 crore (US$ 109.9 million) to set up a food processing unit and a bottling plant at the newly developed...

Cipla to set up manufacturing facility for pharmaceuticals in Iran

Mumbai: Indian multinational pharmaceutical company Cipla Limited has entered into an agreement with Ahran Tejarat Company to form a joint venture to set up a manufacturing facilit...

Panasonic to start manufacturing refrigerators in India

Mumbai: Panasonic Corporation, the Japan-based electronics company, plans to set up a new plant at Jhajjar in Haryana, which will manufacture refrigerators for the Indian market, a...

Panasonic steps up India focus

Mumbai: Mr Tetsuro Homma, Senior Managing Director, Panasonic Corporation, has stated that India remains a long-term attractive proposition for the company, and Panasonic will inve...