https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Tue, 26 Mar 2024 22:29:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2024/03/27/reliance-met-city-welcomes-swedish-co-saab-to-set-up-manufacturing-plant-of-carl-gustaf-weapon-system/ Tue, 26 Mar 2024 22:29:38 +0000 https://thenfapost.com/?p=350281 The company will become India’s first 100% FDI investment in the Defence Manufacturing Sector after the Union government made policy changes. New Delhi, NFAPost: The MET City, a wholly-owned subsidiary of Reliance Industries Limited, will house Sweedish Defence conglomerate Saab’s first manufacturing facility of the famous Carl-Gustaf Weapon System in India. It is a significant […]]]> https://thenfapost.com/2024/03/06/joy-e-bike-expands-operations-sets-up-new-assembly-line-in-jharkhand/ Wed, 06 Mar 2024 01:57:53 +0000 https://thenfapost.com/?p=349377 Chennai, NFAPost: Wardwizard Innovations & Mobility Ltd (WIML), one of the leading manufacturers of electric two-wheelers under the brand ‘Joy e-bike’ and three-wheelers under the brand ‘Joy e-rik’ in India, has inaugurated its new assembly line facility for electric two-wheelers in Deoghar, Jharkhand. The new facility will be an extension to the currently operating factory […]]]> https://thenfapost.com/2024/03/04/blue-star-eyes-15-market-share-in-room-ac-segment-by-fy26/ Mon, 04 Mar 2024 08:03:17 +0000 https://thenfapost.com/?p=348698 Chennai, NFAPost: Backed by rolling out of new range of over 100 affordable and premium models of room air conditioners on Monday, Blue Star is targeting to achieve a market share of 15% by FY26 in the room air conditioners segment. Speaking at a press conference in Chennai, Blue Star Managing Director B Thiagarajan said […]]]> https://thenfapost.com/2024/03/01/economy-remains-resilient-manufacturing-regaining-momentum-ncaer/ Fri, 01 Mar 2024 01:31:07 +0000 https://thenfapost.com/?p=347861 Further, NCAER said the composite PMI accelerated to 61.2 in January from 58.5 in December 2023 New Delhi, NFAPost: High frequency indicators reveal that the Indian economy remains resilient with Purchasing Manager’s Index (PMI) for services accelerating and manufacturing regaining momentum, economic think tank National Council of Applied Economic Research (NCAER) said in report. Further, […]]]> https://thenfapost.com/2024/02/28/tata-sons-chairman-n-chandrasekaran-to-receive-mma-amalgamations-business-leadership-award-today/ Wed, 28 Feb 2024 03:03:51 +0000 https://thenfapost.com/?p=347372 Chennai, NFAPost: The Madras Management Association (MMA), and the Amalgamations Group have announced Tata Sons Ltd Chairman N Chandrasekaran as the recipient of the 20th MMA-Amalgamations Business Leadership Award. The prestigious ceremony is set to be held in Chennai today. This distinguished award is being conferred upon Chandrasekaran in recognition of his exceptional leadership at […]]]> https://thenfapost.com/2024/01/29/meity-honours-contribution-of-women-workforce-in-electronics-manufacturing-industry/ Mon, 29 Jan 2024 01:30:19 +0000 https://thenfapost.com/?p=338442 New Delhi, NFAPost: In a remarkable celebration of Republic Day 2024, Prime Minister Narendra Modi invited guests from various fields and ministries to witness the Republic Day parade at Kartavya Path. This year, approximately 13,000 special guests had been invited to participate, aligning with the Government’s vision of Jan Bhagidari, encouraging citizens from all walks […]]]> https://thenfapost.com/2024/01/19/imtex2024-stage-set-for-asias-largest-exhibition-on-metal-forming-manufacturing-technologies/ Fri, 19 Jan 2024 02:26:29 +0000 https://thenfapost.com/?p=336133 Bengaluru, NFAPost: The stage is set for the annual jamboori IMTEX 2024 (International Machine Tool and Manufacturing Technology Exhibition), Asia’s largest exhibition on metal forming and manufacturing technologies organised by Indian Machine Tools Manufacturers Association (IMTMA) at BIEC in Bengaluru. The event is very unique as the country is gearing up to become the epicentre […]]]> https://thenfapost.com/2023/11/07/indo-mim-announces-partnership-with-incus-for-stereo-lithographic-metal-3d-printing/ Tue, 07 Nov 2023 07:35:29 +0000 https://thenfapost.com/?p=318122 Bengaluru, NFAPost: INDO-MIM Pvt. Ltd, the world’s largest player in the Metal Injection Molding industry and an emerging powder supplier to additive manufacturing industry globally, announced a strategic partnership with INCUS GmbH, a leading manufacturer of 3D printer utilising stereo lithographic metal 3D printing process. According to the company officials, this collaboration heralds a significant […]]]> https://thenfapost.com/2023/09/29/hp-partners-with-google-to-make-chromebooks-in-india-from-next-month/ Fri, 29 Sep 2023 00:57:21 +0000 https://thenfapost.com/?p=306123 PC maker HP has joined hands with Google to manufacture Chromebooks in India from October 2, the company said New Delhi, NFAPost: PC maker HP has joined hands with Google to manufacture Chromebooks in India from October 2, the company said. The Chromebook devices will be manufactured at the Flex Facility near Chennai, where HP […]]]> https://thenfapost.com/2023/09/21/govt-plans-over-2-billion-in-incentives-for-new-manufacturing-sectors/ Thu, 21 Sep 2023 04:23:44 +0000 https://thenfapost.com/?p=303798 A fraction of the PLI incentives has been claimed so far, prompting the government to allocate unused funds to new sectors New Delhi, NFAPost: India is planning to offer incentives of up to Rs 18000 crore ($2.2 billion) to spur local manufacturing in six new sectors including chemicals, shipping containers and inputs for vaccines, two […]]]>