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India’s growing economy gets budget’s booster dose

The budget has laid down a blue print for achieving the objective of Atmanirbhar Bharat and sustainable development in the future. However, it will be important to look at the execution, on which the success of all the policy announcements will depend.Read more

Schwing Stetter signs MoU with HPCL & Gulf Oil for lubricants

Schwing Stetter India, one of India’s largest manufacturers of concreting and construction equipment, has joined hands with Gulf Oil and HPCL to launch a range of genuine oils for construction equipment. Read more

Top five automotive manufacturing trends for 2022

While 2022 (like 2021) will bring with it challenges, it will also present some new opportunities for automakers and OEMs. In this article, Nitin Lal illustrates some of the trends that are safe to bet on.Read more

Cable & Wire Fair Postponed to May 2022

India's most illustrious trade exhibition for wire and cable industry has been postponed from March 2022 to 18th to 20th May 2022 to make it convenient for all the stakeholders.Read more

Manufacturing at an inflexion point

Today, India is ranked as one of the leading exporters of pharmaceuticals supplying not just to developing countries but also to developed markets such as US, Japan, EU, etc. Read more

Alstom in India to add 15% to its talent pool in 2022

The company heavily invests in nurturing and training talent across levels, from young graduates to engineering experts to senior leaders who are contributing to smart and sustainable mobility.Read more

Budget 2022 - Govt's Rs 7.5 lakh cr capex to augment machine tools demand: V Anbu

Budget 2022 is a booster shot for Indian manufacturing and ease of doing business, says V Anbu, Director General & CEO, IMTMA, who reflects on how the budget fares for the Indian machine tool industry.Read more

IMTMA to host IMTEX Forming in June 2022 & IMTEX in Jan 2023

fter taking cognizance of the prevailing situation of the global pandemic in India, the Indian Machine Tool Manufacturers’ Association (IMTMA) has rescheduled its flagship event ‘IMTEX FORMING & Tooltech’.Read more

Budget 2022 shows commitment to energy transition, climate action

Proper implementation of action plans and policies (announced in the budget 2022-23) will open doors for the localisation of many green technologies and create a new green technology market in India, says Rudranil Roy Sharma.Read more

Budget 2022 - Govt increases capex by 35% to Rs 7.50 trn in 2022-23

In defence sector, 68% of the capital procurement budget will be earmarked for domestic industry in 2022-23, up from 58% in 2021-22. Defence R&D will be opened up for industry, start-ups and academia with 25% of defence R&D budget earmarked.Read more

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