Ford Repurposes Chennai Plant for Engine Production and Export

By Editor - News Desk March 19, 2025

Industry

Ford Motor Company is set to repurpose its Chennai manufacturing facility to produce and export engines and related components, marking a strategic shift from vehicle production in India.  This decision comes after Ford ceased domestic vehicle manufacturing in 2021 due to persistent

South India State News

Alstom to Manufacture 32 Additional Driverless Trains for Chennai Metro Phase II

By BPN News Desk March 18, 2025

Alstom, a global leader in rail transport, is poised to manufacture an additional 32 driverless trains for Chennai Metro Rail’s Phase II project. This development builds upon Alstom’s existing contract to supply 78 metro coaches, including 26 driverless train sets, awarded in November 2022. The Phase II expansion of Chennai Metro encompasses three new lines:

Defence

IAF Seeks Annual Induction of 35-40 Fighter Jets; Emphasizes Private Sector Participation

By BPN News Desk February 28, 2025

The Indian Air Force requires 35-40 new fighter jets annually to address fleet gaps and future retirements. Air Chief Marshal AP Singh highlights the need for private sector involvement alongside HAL to meet this demand.

Industry

India Emerges as Key Exporter of Apple Components to China and Vietnam

By BPN News Desk February 28, 2025

India has commenced exporting electronic components to China and Vietnam for the assembly of Apple products, marking a significant shift in the global supply chain dynamics. This development is a testament to the success of the ‘Make in India’ initiative, which aims to position the country as a manufacturing hub for high-quality electronic components. Leading

Uncategorized

Bharat Forge Partners with AMD to Manufacture ‘Made in India’ Servers

By BPN News Desk February 26, 2025

Bharat Forge’s subsidiary, Kalyani Powertrain, has announced a strategic partnership with Advanced Micro Devices (AMD) to manufacture servers in India. This collaboration aims to enhance India’s server infrastructure by integrating AMD’s advanced technology into domestically produced solutions. The servers developed through this partnership will feature

Defence

Defence Ministry Forms Committee to Accelerate Indigenous Fighter Jet Production

By BPN News Desk February 24, 2025

In a strategic move to bolster the production of indigenous Light Combat Aircraft (LCA) and enhance private sector participation, the Indian Defence Ministry has established a high-level committee led by Defence Secretary Rajesh Kumar Singh. This initiative aims to address existing production challenges and expedite the induction of LCA jets into the Indian Air Force […]

Industry

Prime Minister Modi Emphasizes Domestic Value Addition in Manufacturing

By BPN News Desk January 28, 2025

Prime Minister Narendra Modi has expressed a firm stance against the longstanding practice of exporting raw materials from India only to import them back as finished products. He advocates for enhancing value addition within the country to bolster economic growth and self-reliance. Addressing a gathering of industry leaders and policymakers, Modi highlighted the economic

Defence

Indian Army to Finalize ₹10,200 Crore Deal for Pinaka Rockets

By BPN News Desk January 20, 2025

The Indian Army is set to finalize contracts worth ₹10,200 crore for acquiring indigenous Pinaka multi-barrel rocket launcher systems and their ammunition. This initiative aims to strengthen the Army’s artillery capabilities while reducing dependence on foreign imports. The contracts include two major components. The first, valued at ₹5,700 crore, focuses on

Finance

Govt May Introduce Concessional Corporate Tax for New Manufacturing in Budget 2025-26

By BPN News Desk January 17, 2025

The Centre plans to offer a concessional corporate tax rate for new manufacturing units in Budget 2025-26 to boost investments and industrial growth.

Government Policies

Cabinet Approves Aircraft Leasing Bill to Boost Indian Aviation

By BPN News Desk January 16, 2025

The Union Cabinet has approved the Aircraft Leasing Bill to make India a global hub for aircraft leasing and financing, reducing reliance on foreign lessors.