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INDUSTRIALISATION AND MANUFACTURING

Expert Group unveils report on base revision of Wage Rate Index (WRI) to 2016=100 from base 1963-65=100.

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 & ...

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Manufacturing Sectors should not depend on Government support for growth- Shri Goyal.

“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 ...

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Raksha Mantri inaugurates first operationalised private sector defence sector defence manufacturing facility in UP Defence Industrial Corridor

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 ...

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DRDO identifies 108 Systems and Subsystems for industry to design, develop and manufacture towards achieving “Atmanirbhar Bharat”

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 ...

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HLCA clears investment proposals worth Rs. 2, 04,069 Cr

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 ...

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Arjun Ram Meghwal Addresses 3rd International Electric Vehicle Conclave 

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 ...

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Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of June, 2019 (BASE 2011-12=100) 

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 ...

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Growth in Manufacturing Sector 

The growth of India’s Manufacturing Gross Value Added (GVA) and Gross Domestic Product (GDP) from the year 2005-06 at constant (2011-12) prices is given below:   Growth rate (in per cent) of Manufacturing GVA and GDP at constant (2011-12) prices Year Growth rate of Manufacturing Growth rate of GDP 2005-06 9.3 7.9 2006-07 17.8 8.1 2007-08 7.0 7.7 2008-09 4.7 ...

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JSPL-Angul posts record production of Hot Metal

 India’s largest Blast Furnace at JSPL Angul Odisha has produced its highest ever Hot Metal production of 10845 MT for a single day on 2nd July 2019. It is also reported that this is the ever highest production produced by any of the BFs in India.  The furnace is stable for the last one week and has continuously produced more than 10,000 Tons per ...

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Building skills, renewing vision: A small roadmap to development

“In China, probably 10-13% people are engaged in agriculture and only about 4% in US. We must bring it down to 25-30% in India to make this an efficient process. If that has to happen, we have to go down to rural India and develop skills and they need not migrate to the cities. We can automate various phases of ...

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