Us Manufacturing News - Latest Updates & Headlines
Defence production hit Rs 1.27 lakh crore in FY 2023-24, exports cross Rs 21,000 crore
New Delhi, March 25: India's defence production has reached a record Rs 1.27 lakh crore in FY 2023-24, the Ministry of Defence said in a release on Tuesday.
Indian Navy's self-reliance strengthened with launch of frigate 'Tavasya'
Goa, March 22: The second frigate of the Project 1135.6 Additional Follow-on Ships, named ‘Tavasya’, was launched at Goa Shipyard Limited (GSL) on Saturday.
Trade tariffs: Trump restates his 'flexibility,' pursuit of 'reciprocity'
Washington, March 22: US President Donald Trump has reiterated that he will exert flexibility on tariff policies, but his administration's new levies on goods coming into the United States would "basically" be "reciprocal."
Hyundai to double down on US production with new EV plant
Seoul, March 21: Hyundai Motor Group is accelerating efforts to expand its production footprint in the United States, amid US President Donald Trump's continued call for foreign companies to manufacture in the country to do business there, according to industry observers on Friday.
Donald Trump orders investigation into possible tariffs on copper
Washington, Feb 26: US President Donald Trump has signed an executive order to investigate how copper imports threaten America's national security and economic stability, in a move that could lead to the imposition of new tariffs on the metal used to produce aircraft, vehicles, ships and other military hardware.
Defence Ministry inks deals worth Rs 697cr for India-made trucks to equip armed forces
New Delhi, Feb 20: The Ministry of Defence has signed contracts for the procurement of 1,868 Rough Terrain Fork Lift Trucks (RTFLT) at a total cost of Rs 697.35 crore for the Indian Army, the Indian Air Force and the Indian Navy.
85% of acquisition by Indian Army is indigenous in nature: Army Chief General Dwivedi
Bengaluru, February 12: Indian Army Chief General Upendra Dwivedi on Tuesday announced that a whopping 85 per cent of the army's acquisitions are now indigenous, marking a significant milestone in the country's journey towards self-reliance in defense production.
Trump formally announces 25 pc tariffs on all steel, aluminium imports
Washington, Feb 11: US President Donald Trump has announced plans to impose 25 per cent tariffs on all steel and aluminum imports coming into the United States "without exceptions or exemptions," raising concerns over its ramifications on South Korean and other exporters.
'Make products in America or face tariffs': Donald Trump issues ultimatum at World Economic Forum
Davos (Switzerland), Jan 24: US President Donald Trump has invited global businesses to manufacture their products in the US and promised them lower taxes but also issued a stern warning that if they choose to produce their goods elsewhere, they would have to pay tariffs worth 'billions and trillions' of dollars.
Maharashtra CM Fadnavis inaugurates Solar Industries' drone-making facility in Nagpur
Nagpur, January 11: In a big boost to Indigenous manufacturing of drones, Unmanned Aerial Vehicles (UAV), loitering munitions, and counter-drone systems, a state-of-the-art composite manufacturing facility was inaugurated at Economics Explosives Ltd (EEL), Solar Industries Nagpur, by Maharashtra Chief Minister Devendra Fadnavis on Saturday.