The Himachal Pradesh government has decided to offer 50 per cent subsidy on machines and equipment used to pluck tea leaves to provide relief to the state’s tea industry. Small and scattered land holdings, high cost of labour and production, low productivity levels, and not enough tea auction centres are some of the… Continue reading Himachal govt to provide 50% subsidy on tea-plucking machines, equipment
Tag: equipment
Banning imports of used equipment to help medical industry reach $50 bn
Steps such as raising customs duty on certain items, banning import of used or old equipment, and introduction of performance linked incentive scheme for value-added production will help India’s medical devices industry touch $ 50 billion by 2030, a report by think tank GTRI said. Suggesting six action points for the government and… Continue reading Banning imports of used equipment to help medical industry reach $50 bn
Construction, equipment manufacturers seek PLI scheme for industry
Construction and equipment (CE) manufacturers have urged the government for a production linked incentive (PLI) scheme for the sector. The introduction of the PLI scheme will provide a level-playing field for the players of the industry, Dimitrov Krishnan, President of industry body ICEMA, said. Indian Construction Equipment Manufacturers’ Association (ICEMA) engages with… Continue reading Construction, equipment manufacturers seek PLI scheme for industry
Vistara plane suffers engine damage, was hit by ground service equipment
A Vistara Airbus A320 neo aircraft on Tuesday suffered engine damage after it was hit by a towing tractor at Mumbai airport, according to a source. The plane, which was scheduled to operate a flight from Mumbai to Kolkata, has been grounded and is undergoing necessary checks and repair. One of the… Continue reading Vistara plane suffers engine damage, was hit by ground service equipment
Japan chip equipment supplier Disco to set up center in India: Report
Japan’s Disco Corp wants to establish a center in India to support its clients and serve as a base for marketing to the country’s semiconductor industry, the Nikkei reported on Tuesday, citing a company executive. The chipmaking device supplier will consider opening an applications laboratory, which performs test cuts and other experimental processing… Continue reading Japan chip equipment supplier Disco to set up center in India: Report