India signs US$ 5-bn pacts for capital goods manufacturing

Bhubaneswar: Thirty-eight pacts worth $5 billion were signed among 20 technology providers, capital goods manufacturers and steel producers, which will give impetus to the man...

Govt: 300 mt target step towards being manufacturing hub

New Delhi: The Union government’s plan for 300 million tonnes of steel making capacity by 2030-31 in the country is an opportunity for foreign plant and equipment suppliers, ...

Golden times for domestic paper mills

Domestic paper mills have achieved 95 per cent capacity utilisation of their installed plant and machinery. Despite increasing raw material prices, including pulp in the international markets and c...

Pay in manufacturing 5.2% higher than India's median salary

Mumbai: Manufacturing sector of India recorded a median gross salary of Rs 230.9 per hour (US$ 3.18 per hour) in 2017, which was 5.2 per cent higher than the overall gross median s...

Plasser India Rs 400-cr Vadodara unit to start operations by Mar-end

New Delhi: Railway machinery manufacturer, Plasser India, has invested Rs 400 crore (US$ 55.13 million) for setting up its second manufacturing unit at Vadodara, Gujarat....

New petchem policy to help make country a net exporter: Secy

New Delhi: The upcoming integrated policy for chemicals and petrochemicals sector will focus on making India a net exporter of chemicals and petrochemicals, according to Mr P Ragha...

Tata Motors global sales up 14% in August

New Delhi: Global sales of Tata Motors have increased 14 per cent year-on-year to 107,030 units in August 2018.

Indian paper industry growing at 6-7pc, says industry official

Varanasi: Paper industry in India is currently growing at 6-7 per cent annually, according to Mr Alok Prakash, Chief Sales Officer, Century Pulp and Paper.