Ministry of Heavy Industries Hosts Successful Pre-Bid Conference for Magnet Manufacturing

The Ministry of Heavy Industries (MHI) recently held a pre-bid conference for its new scheme to promote the manufacturing of Sintered Rare Earth Permanent Magnets in India. The conference, aimed at potential bidders, saw participation from 25 companies. The project involves setting up facilities with a capacity of 6,000 metric tons per annum (MTPA) and has a budget allocation of ₹7,280 crore. It aims to boost domestic production, reduce imports, and enhance India's global competitiveness in the magnet industry.

Source: Original Link

Read more

APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link