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First IPF Industrial Excellence Forum (IIEF) lauds innovations in 5 categories
The first IIEF hosted conferences for discussing relevant topics like strategies to move ahead in the new normal and deliberated on SME readiness as manufacturing is growing in India due to the global move from China to India. While during the IPF Awards, the IIEF recognised new product innovations to upholding ‘Make In India’. The IIEF was hosted virtually and received favourable industry responseRead more
India’s GDP to grow 11% in 2021-22: Economic Survey
V-Shaped economic recovery to be driven by mega vaccination drive, robust recovery in the services sector, robust growth in consumption and investment. Agriculture to clock 3.4% growth in 2020-21, while industry and services to contract by 9.6% and 8.8% respectively.Read more
Pump manufacturers in Coimbatore hike prices by 15 per cent
The price hike is due to the rise of raw material and spare parts prices which government was unable to control. Given that the demand is high in the industry for material supplies the industry is experiencing a tough time. Read more
Budget 2021 needs to take steps to improve skilling in India: Sumit Kumar
According to Sumit Kumar, Vice President – NETAP, TeamLease, budget 2021 needs to focus on fast tracking NEP implementation, introduction of National Apprenticeship Promotion Scheme (NAPS) 2.0 and easing of license raj to achieve the ambition of 50 per cent GER by 2035Read more
Welcome to IIEF 2021: The industry extravaganza
From January 1, 2021, nearly every major automobile company in India has announced a price hike due to an increase in various input costsRead more
India-Japan govt. partner to grant easy passage to skilled Indian workers from 14 sectors
This Memorandum of Cooperation MOC aims to foster mobility of workers and skilled professionals from India to Japan. Read more
Mahindra Logistics partners with 1Bridge for last-mile delivery
The new partnership aims to explore rural IndiaRead more
Digitalisation to play huge part in transforming energy systems: Anil Chaudhry
Covid 19 pandemic has impacted the clean energy transition in India considerably. Anil Chaudhry, CEO, Schneider Electric India, believes digitisation of energy will be an enabler in this transition. Therefore, one needs to be prepared for a technology-led transformation in a post-pandemic world.Read more
Schmersal India decides to move towards railway and defence
While industries are battling to equalise their business to pre-Covid levels, companies are working out strategy to open more avenues to expand their business. In this Video Interaction with Pushkar Oak, Sagar Bhosale, MD, Schmersal India delves into safety gaining prominence in switchgears using new age technologies and Schmersal’s coping mechanism to sustain Covid impact.Read more
Top 3 trends for Indian manufacturing sector in 2021
With India expected to be among the top three manufacturing destinations before 2025, Masatomo Nishizaki, BU Head – Smart Manufacturing, NEC Corporation India, predicts top three manufacturing trends to watch out for in 2021.Read more