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• US manufacturing output barely rises in May

  Manufacturing output edged up 0.1% last month after a downwardly revised 0.5% decline in April, the Federal Reserve said on Tuesday.

  

• Salesforce eyes manufacturing boom in India through AI, cloud solutions

  The challenges are different across sectors such as automotives, solar and ceramics, she said, which is why the company adopts an industry-wise approach to speaking with and offering solutions to customers.

  

• UP govt launches scheme to boost medical device manufacturing in Greater Noida

  ​The Yamuna Expressway Industrial Development Authority (YEIDA) has rolled out a scheme for the allotment of 21 industrial plots in Sector-28, inviting manufacturers from the medical device sector to set up units, it said.

  

• Mahindra Aerostructures secures $300 million deal with Aernnova Aerospace

  MASPL will manufacture metal sub-assemblies and components for various Airbus aircraft, as well as for Embraer aircraft families, including the Embraer C390 Millennium military transport aircraft.

  

• Lupin inks pact with China's Sino Universal Pharmaceuticals for Tiotropium dry powder inhaler

  ​The agreement pertains to the commercialisation of the Tiotropium dry powder inhaler of strength 18 mcg/capsule, which is used in the treatment of Chronic Obstructive Pulmonary Disease (COPD), Lupin said in a regulatory filing.

  

• BIS push on toy safety: India outpaces global norms, domestic firms gain global traction

  India's stringent toy safety standards, enforced since 2021, have demonstrably improved product safety and reduced consumer complaints, according to the Bureau of Indian Standards (BIS). These norms, exceeding global benchmarks, ensure toys are free from hazards and toxic materials.

  

• CG Power and Industrial bags ₹641 cr order from the Power Grid Corporation

  The total value of supply of goods including services is around Rs 641 crore, becoming the first single largest order bagged by CG Power and Industrial Solutions Ltd.

  

• Steel min order on standards could hurt MSMEs; fear of losses, plant shutdowns: GTRI

  ​It said that the steel ministry's June 13 order has expanded India's quality control regime to ensure that not just BIS (Bureau of Indian Standards) licensed products are imported in the country, but also the input/raw materials used to make them conform to the relevant Indian standards issued by BIS.

  

• Earmark dedicated zones for MSMEs, startups in industrial corridors: Goyal to officials

  The minister suggested this during a review meeting on June 15 to assess the progress of NICDC-led industrial nodes.

  

• Traceability trap hits MSMEs: New steel import rule mandates BIS for raw materials, triggering fears of plant shutdowns over compliance cost

  India's MSMEs are facing potential supply chain disruptions and factory shutdowns due to a sudden regulatory change by the Ministry of Steel. The new rule mandates Indian Standards compliance and Steel Import Monitoring System registration for raw materials, significantly increasing compliance costs.

  

• Hindustan Zinc approves ₹12,000 crore investment plan to expand metal production

  The company plans to double its metal and silver capacities over the next five years, taking the total metal production capacity to over 2,000 KTPA and silver production capacity to 1500 tonnes. A new 250 KTPA integrated smelter at Debari in Rajasthan is also planned.

  

• Bioenergy can replace 50% of India’s fossil fuel use in 5 years: Gadkari

  The minister lauded the domestic automobile sector as a vital pillar of the Indian economy. “This is the industry with the highest exports — ₹3 lakh crore — and it has already created 4.5 crore jobs,” Gadkari said.

  

• FMCG companies fear West Asia unrest may drive up input prices

  Geopolitical tensions in West Asia may increase crude oil prices. This could negatively impact demand for packaged foods, beverages, detergents and paints. Companies fear rising input costs will hurt consumers. Earlier, firms anticipated demand recovery due to interest rate cuts and a good monsoon. Disruptions may affect packaging costs. Dabur and Bisleri are closely monitoring the situation.

  

• Second phase waste-to-energy plant at Jawaharnagar to begin in August, GHMC tells NGT

  ​In an affidavit submitted by GHMC commissioner RV Karnan, it was stated that a power purchase agreement was signed on May 12 between Hyderabad MSW Energy Solutions Private Ltd and the Southern Power Distribution Company of Telangana Limited (TGSPDCL).

  

• UK invests $340 million in clean tech for air travel

  ​Britain said the funding for research and development projects led by Airbus, Rolls-Royce and a number of smaller companies and academic partnerships, would attract more private investment into the sector and add new jobs.

  

• UK finalises 500 million pound rail contract to save British Steel jobs

  The contract will see British Steel supply more than 337,000 metric tons of rail track over five years, the UK government said on Tuesday.

  

• Aster Chemicals to increase Singapore refining capacity after acquiring splitter stake

  ​After taking over the stake from PCS Pte Ltd, one of Singapore's major petrochemical producers, the Chandra Asri-led joint venture with Glencore will have full ownership of the facility which includes a floating roof crude tank and two fixed roof crude recirculation tanks.

  

• Vedanta plans ₹1.28 lakh cr mega smelter plant in Dhenkanal

  ​The high-level clearance authority (HLCA), chaired by chief minister Mohan Charan Majhi, approved Vedanta's plan to set up a 3 million tonnes per annum (MTPA) aluminium smelter along with a 4,900 MW captive power plant (CPP).