MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Until now, units operating even in recognised industrial areas needed a separate factory licence. The move is expected to especially give a boost to small and medium enterprises.
After an explosion at Sigachi Pharma factory, Modi expressed his grief & announced an ex-gratia for families of the deceased & Rs 50,000 for those injured from the National Relief Fund.
China's manufacturing activity expanded at the fastest pace in more than a decade in February, based on an official index, while a survey showed activity rising for the first time in 7 months.
Alibaba’s smart factory is an attempt at leveraging its consumer data & tech to help multi-trillion-dollar manufacturing arena improving efficiency & meet consumer expectations.
In ‘The Learning Factory’, Arun Maira, who worked with Tata Group for over two decades, writes about building factories 'as clean as German hospitals’.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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