Government of India has undertaken several schemes/initiatives to promote manufacturing sector. The annual growth rate of Manufacturing Sector as per Index of Industrial production (IIP), with base year 2011-12, for last three years, is as under:  Annual Sectoral Growth rate (in %) from 2019-20 to 2021-22 Sector 2019-20 2020-21 2021-22 Manufacturing -1.4 -9.6 11.8 Source: National Statistical Office.   The ...

The Make in Odisha conclave offers a unique opportunity to the investors to test the business worthiness of the state. Chief minister Naveen Patnaik has been focusing on such events as they help showcase the best of Odisha not only in the area of industry but also several other fields.  This is good business and its success is also bound ...

Government of India has taken up implementation of various industrial corridor projects under National Industrial Corridor programme. The aim is to develop greenfield industrial nodes in India which can compete with the best manufacturing and investment destinations in the world. The objective for development of these nodes is to facilitate provision of plug n play infrastructure at the plot level and help ...

Prof. S.P.Mukherjee, Chairman of Expert Group on Minimum Wages & National Floor Wages, Dr G.C.Manna, Chairman of Technical Advisory Committee of Wage Rate Index, Shri DPS Negi, Principal Advisor, Ministry of Labour & Employment, Ms. Sibani Swain, Additional Secretary, Ministry of Labour & Employment, Ms. Vibha Bhalla, Joint Secretary, Ministry of Labour & Employment and Shri I.S. Negi, DGLB & ...

“Resolve Cotton Pricing issue in the spirit of Collaboration rather than competition,” said Shri Piyush Goyal, Union Minister of Textiles, Commerce & Industry, Consumer Affairs and Food & Public Distribution, while speaking to Textile Industry players in a meeting, here today. He asked the Textile Industry leaders not to push Government to intervene. Shri Goyal cautioned the cotton bale traders ...

Raksha Mantri Shri Rajnath Singh inaugurated the first operationalised private sector defence manufacturing facility in Uttar Pradesh Defence Industrial Corridor (UPDIC) in Lucknow on November 13, 2021. The facility, run by Aerolloy Technologies, a wholly owned subsidiary of PTC industries, will manufacture parts for Aircraft Engines, Helicopter Engines, Structural parts for aircrafts, Drones and UAV, Submarines, Ultra-Light Artillery Guns, Space ...

Responding to the clarion call given by Hon’ble Prime Minister for “Atmanirbhar Bharat”, the Defence Research & Development Organisation (DRDO) has taken several initiatives to strengthen the indigenous defence ecosystem.  Towards this, A DRDO delegation met with Raksha Mantri Shri Rajnath Singh today to apprise him about 108 systems and subsystems which have been identified for designing and development by ...

The 20th High Level Clearance Authority (HLCA) meeting held under the Chairmanship of Hon’ble Chief Minister, Shri Naveen Patnaik in newly inaugurated Kharavel Bhavan conference hall on 19th August, 2019, has approved five investment proposals envisaging investment of Rs. 2,04,069 Crore. With the 5T initiative devised by the Odisha Govt.,where transformation goals will be achieved through teamwork, transparency and technology ...

The Minister of State for Heavy Industries and Public Enterprises, Arjun Ram Meghwal, inaugurated the 3rd International Electric Vehicle (EV) Conclave at the International Centre for Automotive Technology (ICAT) in Manesar, Gurugram, today. The Conclave was held to create a knowledge-sharing platform to ensure flow of information at all levels in the automotive sector.The EV Conclave organized by ICAT in ...

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of June 2019stands at 130.2, which is 2.0 percent higher as compared to the level in the month of June 2018. The cumulative growth for the period April-June 2019 over the corresponding period of the previous year stands at 3.6 percent. 2. The Indices of ...