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Union Government launches Technology Acquisition and Development Fund under NMP

November 20, 2015

Union Government has launched the Technology Acquisition and Development Fund (TADF) under the National Manufacturing Policy (NMP), 2011. It was launched by Union Minister of State (MoS) for Commerce & Industry Nirmala Sitharaman in New Delhi. Key facts TADF will ..

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GMR Infra, GIIC ink MoU for Kakinada SEZ 

May 19, 2015

GMR Infrastructure Ltd. has signed Memorandum of understanding (MoU) with Guizhou International Investment Corporation (GIIC) for developing Kakinada special economic zone (SEZ) in Andhra Pradesh. On behalf of GMR Infrastructure Ltd. the MoU was signed by its subsidiary Kakinada SEZ ..

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Sumit Mazumder elected as new President of CII for year 2015-16

April 8, 2015

Sumit Mazumder was elected as the President of Confederation of Indian Industry (CII) for the year 2015-16. He is Chairman & Managing Director (MD) of TIL Limited. He will succeed Ajay Shriram, Chairman of DCM Shriram Consolidated Ltd. Moreover, Shobana ..

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Union Government launches FAME-India scheme to boost electric, hybrid vehicle sales

April 1, 2015

Union Government on 1 April 2015 launched Faster Adoption and Manufacturing of Hybrid and Electric vehicles (FAME) – India Scheme. The scheme was launched as part of the National Mission for Electric Mobility to boost eco-friendly vehicles sales in the ..

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DIPP clears 33 defence proposals

October 9, 2014

A meeting of the Licensing Committee of the DIPP has cleared 33 pending defense deals, some of which have been languishing with the DIPP for yeards. The defence proposals were by Reliance Aerospace, Bharat Forge, Mahindra Telephonic Integrated Systems Ltd, ..

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New Board to implement Manufacturing policy soon

June 7, 2012

With an aim to revive manufacturing sector, Government announces of establishing a new board, Manufacturing Industry Promotion Board (MIPB). It will aid operationalize the national manufacturing policy It will be headed by Commerce and Industry Minister Anand Sharma It targets ..

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