India’s proposed Advanced Manufacturing Systems Mission moved a step closer to reality after a high-level stakeholder consultation held at the Central Manufacturing Technology Institute (CMTI) in Bengaluru. The meeting brought together policymakers, industry leaders, researchers, MSMEs and startups to chart a coordinated roadmap for strengthening India’s advanced manufacturing ecosystem. The…
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India’s Pharma & Medical Devices Drive Value Growth
India’s pharmaceutical and medical devices sectors are undergoing a transformative shift, moving from a volume-driven model to a value-focused approach. The Economic Survey 2025-26 emphasizes the country’s growing focus on complex generics, biosimilars, and innovative medical technologies, positioning India as a global hub for high-value healthcare manufacturing. Medical Devices Industry…
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₹7,280 Cr Plan Powers Rare Earth Magnet Industry
In a decisive push towards technological self-reliance, the Government of India has approved a ₹7,280 crore scheme to establish a domestic manufacturing ecosystem for Sintered Rare Earth Permanent Magnets (REPM). The initiative aims to create an integrated production capacity of 6,000 metric tonnes per annum, significantly reducing India’s dependence on…
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India-Germany Trade Ties Strengthened by Piyush Goyal
Berlin, Germany: Union Minister of Commerce and Industry Shri Piyush Goyal held a series of high-level meetings in Berlin on October 24, 2025, to further strengthen India-Germany trade and investment ties. His discussions focused on enhancing cooperation in areas including technology, green energy, advanced manufacturing, and skilling, building on a…