Surging export orders show China's pharma products are trusted overseas At Sinovac Biotech Ltd's base in Daxing district of Beijing, employees are busy manufacturing CoronaVac, the inactivated COVID-19 vaccine, in bulk. From cell culture to packaging, a jab can be produced in just 48 days. Now the company churns out about 400,000 doses a day. "The yearly output of our first production line has reached 500 million doses. Our second production line started operations this month, enabling the company to attain capacity to produce 1 billion doses of vaccine every year," said Yin Weidong, chairman of Nasdaq-listed Sinovac. He said: "Ever since our first production line started operations in August, the machines ran almost 24 hours a day. Our employees worked round the clock in three shifts to meet the surging demand for vaccine." Currently, while ensuring adequate supplies of vaccine for the domestic market, the company is exporting some quantities to countries like Brazil, ... » Learn More about Protecting world through Chinese vaccines
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Self-driving startup Aeva hires Waymo, Apple veteran to oversee supply chain
By Stephen Nellis Self-driving sensor startup Aeva Inc, founded by two Apple Inc alumni, has hired another former Apple executive to oversee manufacturing and supply chain operations ahead of an expected deal to become a public company later this month. Aeva, founded by former Apple engineers Soroush Salehian and Mina Rezk, makes a lidar sensor that helps cars gain a three-dimensional view of the road and detect how quickly distant objects are moving. The company said Tuesday it hired Tim Willis as vice president of global supply chain, manufacturing and strategy. Willis most recently oversaw manufacturing and supply chain operations at Waymo , Alphabet Inc's autonomous driving unit. Willis also worked at Apple and Motorola after a starting his career at Ford Motor Co. Willis said part of his job will be to develop supplier relationships well before Aeva launches production, drawing on his experience at Apple securing factory equipment. Aeva has deals to develop ... » Learn More about Self-driving startup Aeva hires Waymo, Apple veteran to oversee supply chain
Tough eligibility may limit benefits to large Cos under proposed PLI for automotive sector
PLI ) to automobile and auto components industry that will lay the roadmap and raise India's bar as a global manufacturing hub. Sources said that the draft PLI scheme is expected to be finalised soon be after an inter-ministerial consultation process and proposes to give cashbacks ranging from 2 to 12 per cent of the incremental sales revenue and incremental exports revenue given by automobile players. Cabinet approval for the scheme will follow thereafter. Sources indicating that the scheme will be up and running in army next month that also marks the start of new financial year. The scheme will largely favour creation of large manufacturing capacities for global standards in the country. Accordingly, strict eligibility criteria will be set for companies looking to avail the incentives. Under the Automotive Champion scheme, a company would qualify for PLI only if has a revenue of Rs 1000 crore (Rs 100 crore for component makers) from overseas operations, Rs 10,000 ... » Learn More about Tough eligibility may limit benefits to large Cos under proposed PLI for automotive sector
Opinion: A three-way strategy to harness sustainability in ethanol’s DNA
By Sanjukta Subudhi and Eduardo Leão de Sousa With sustainability in its DNA, sugarcane ethanol can contribute immensely to both the environment and the economy. Concerns such as water use, destination of residues, and labour conditions have been targets of improvement in countries, such as India and Brazil. The South American country has four decades of experience in large-scale ethanol production with successful efforts being done to strengthen its sustainability.From our perspective, this process should involve a tripartite combination, which in many situations are related to technological innovations. Public policies One major first step to enhance sustainability of ethanol production could be the identification and implementation of government policies to signalise to the private sector where the expansion of sugarcane cultivation can occur, and in which conditions and where native forest must be preserved. Priority must be given to the commercialisation of ... » Learn More about Opinion: A three-way strategy to harness sustainability in ethanol’s DNA
Pic story: expert on cotton breeding enjoy his work
Video Player Close Zhao Guozhong records growth of cotton plants in the field at Nanfan breeding base in Sanya, south China's Hainan Province, Feb. 28, 2021. Zhao Guozhong, who has spent 43 Spring Festivals at Nanfan breeding base as an expert on cotton breeding, started every morning of his days in Sanya by dashing to the field to pollinate cotton plants and to observe their growth under the scorching sun. To speed up the cotton breeding process, Zhao travels back and forth between Hainan and Hebei Province in north China, where in October he harvests cotton specimen in Hebei and bring them to Hainan for breeding; and in April the next year he carries the new seedlings back to Hebei for planting. The past 43 years witnessed Zhao's success in cultivating more than 20 new high-yield cotton varieties. Zhao, already 71, still treats cotton plants in the field as his own children, as he carefully records every bit of change in them. "Don't ask me whether it's tedious. I really ... » Learn More about Pic story: expert on cotton breeding enjoy his work
Welcome to the era of smushed and messy cakes!
Messy is the new fancy when it comes to cakes these days. Gone are the perfectly shaped and chiseled cakes adorning tables at weddings and birthday parties. Today, people prefer 'em smushed, cracked, liquidy and in shambles! Even celebrities have accepted the trend with open arms. On her sister Shamita Shetty's birthday, Shilpa Shetty Kundra got her a 'Tsunami cake' to make the day err…(im)perfect in every way! Take a look at the mess that is trending... Let it flow! Popularly known as the Tsunami cake or Pull-Me-Up cake, it's defined by its messy icing. Baker Paridhi Motwani, who has been making several of these for all types of occasions, shares, “It is actually the simplest of cakes to make, despite its grand appearance. First, a cake of the preferred flavour is enclosed in an OHP sheet. The liquid 'icing' (like vanilla liquid cream, hot chocolate ganache or chocolate sauce) is then poured over the cake just before cutting it. Once the entire liquid is poured over, the OHP ... » Learn More about Welcome to the era of smushed and messy cakes!
Times 40 Under 40: Celebrating the game changers
There are leaders, and there are those who lead. Leaders hold a position of power or influence. Those who lead inspire us. It’s been a year of monumental challenges and change. And as the dust settles after many months of facing various uncertainties due to the unprecedented COVID-19 pandemic, there was finally a reason to cheer. For the first time, The Times of India Group created a unique platform to identify, encourage and provide recognition to professionals and businesses who have believed in innovation behind progress and success. Times 40 Under 40 honoured and applauded 40 of the brightest corporate leaders, emerging entrepreneurs, artists, sportspersons, musicians and business professionals across south India under 40. These young people have taken the challenges of a relentless year head-on. They represent the opportunity for growth in south India and our country as a whole. The list is very dynamic and includes people from all walks of life, who have created ... » Learn More about Times 40 Under 40: Celebrating the game changers
Rs 77,146 cr bids for spectrum on Day 1
India's first auction of spectrum in five years attracted Rs 77,146 crore of bids on the opening day on Monday with Reliance Jio, Bharti Airtel, and Vodafone Idea participating in the bidding process - a response that the government said was better than expected. Illustration: Dominic Xavier/ Rediff.com There were, however, no takers for spectrum in 700 MHz and 2500 MHz bands on the first day, and the auctions will continue and conclude on Tuesday. About 2,308.80 MHz of spectrum, that carry telecom signals, in seven bands worth nearly Rs 4 lakh crore at the reserve or start price, was offered for bidding in the auction that began on Monday. Communications Minister Ravi Shankar Prasad said Rs 77,146 crore worth of spectrum was bid on the first day but there were no takers for the airwaves in the premium 700 MHz as also 2500 MHz bands. The response from players and the bids received surpassed government's internal estimates, that had anticipated bids worth Rs 45,000 ... » Learn More about Rs 77,146 cr bids for spectrum on Day 1
17 countries’ publishing houses to translate, publish Xi’s book on governance
BEIJING -- Publishing houses from 17 countries have partnered with Beijing-based Foreign Languages Press, the publisher of the third volume of "Xi Jinping: The Governance of China," for translating the book into different languages for publication. The countries are Albania, Poland, Romania, Belarus, Ukraine, Afghanistan, Cambodia, Nepal, Laos, Bangladesh, Thailand, India, Pakistan, Sri Lanka, Tajikistan, Kyrgyzstan and Mongolia. The book, first published in Chinese and English on June 30, 2020, records the practices of the Communist Party of China (CPC) Central Committee with Comrade Xi Jinping at the core in leading the whole Party and Chinese people to make new and major advances in various undertakings of the Party and the country since the 19th CPC National Congress in 2017. "Xi Jinping: The Governance of China" has three volumes, which have been translated into 33 languages and distributed in over 170 countries and regions. The Chinese publisher said it is also working on ... » Learn More about 17 countries’ publishing houses to translate, publish Xi’s book on governance
Agriculture Ministry outlines rural sector growth
By 2025, revenue from the agricultural products processing industry in China will hit 32 trillion yuan ($4.9 trillion), the Ministry of Agriculture and Rural Affairs said on Monday. The equivalent of 80 percent of agricultural materials will be converted into new products, minimizing the amount of materials that are wasted. The country will also develop industrial clusters in the countryside, Liu Huanxin, the vice-minister of agriculture and rural affairs, said when introducing the country's five-year rural industrial development plan at a video conference. The production value of each cluster will exceed 100 billion yuan ($15.4 billion). More than 4 billion annual tourist trips are expected to be made in rural areas by 2025, with revenue surpassing 1.2 trillion yuan, Liu said. "Country regions are planning to attract more than 15 million people to return to their home villages and start businesses," he said. Rural areas are being encouraged to devise industrial development ... » Learn More about Agriculture Ministry outlines rural sector growth