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.
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’.
Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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