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DPIIT and Moglix ink MoU to launch manufacturing incubation initiative
The program will support over 25 growth phase startups in industries such as chemicals, automot..
Read moreAuto & Auto Components
CEAT appoints Debashish Roy as Chief Digital Transformation Officer
His expertise combines a unique blend of digital and IT strategy, data and analytics, program m..
Read moreElectrical & Electronics
Electronics component manufacturers seek government support in Budget 2025
In addition to potential PLI incentives, the government is reportedly preparing a plan to encou..
Read morePolicy Regulation
India's manufacturing PMI slips to 56.5 in November amid rising competition
Input cost inflation reached its highest level since July, with items like chemicals, cotton, l..
Read moreProcess Equipment
TKIL Industries ventures into green hydrogen with SoHHytec partnership
Hydrogen produced through this collaboration is expected to slash transportation costs by 50% p..
Read moreMachine Tools & Accessories
Phillips Machine Tools to bring titanium and hi-tech materials to India
To facilitate the initiative, PMT plans to obtain an import license within six months, a proces..
Read moreElectrical & Electronics
Japanese firms eager to invest in India’s semiconductor sector: Deloitte
In July, Japan joined the US as the second Quad partner to sign a memorandum of understanding w..
Read moreAuto & Auto Components
Slowing demand to curb auto component revenue growth to 6-8%
Exports are vital, currently constituting 15% of total revenue, down from about 17% in fiscal 2..
Read morePlastic, Packaging & Printing
Engel Group and EPM to strengthen local production
EPM’s manufacturing facility in Pune will serve as a hub for the production of advanced injec..
Read moreAerospace Defence
Karman Drones and TCL collaborate on UAV solutions development
This initiative will bolster India's defence manufacturing sector, aligning with the country’..
Read moreHeating & Cooling Equipment
Danfoss India plans to accelerate localisation of HVACR compressors and controls
The decision to invest in ramping up local manufacturing capabilities in India will help minimi..
Read moreElectrical & Electronics
Waaree Energies wins orders for 364 MWp and 160 MWp module supply
The supply is scheduled to commence in FY 2024-25 and FY 2025-26...
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