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PLI scheme: Need for a course correction

The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more

EXCON 2023 likely to attract over 1200 exhibitors across the world

EXCON, South Asia's largest exhibition for construction equipment, organised by the Confederation of Indian Industry CII, is scheduled to be held from December 12 to 16 at the Bangalore International Exhibition Centre in Bengaluru.Read more

FPT Industrial exhibits sustainable solutions at Agritechnica 2023

The company showcased its leadership in the agricultural powertrain sector, based on a proven full-range portfolio covering all applications.Read more

ForgeTech India fosters success with innovation, collaboration within forging industry

The Association of Indian Forging Industry (AIFI) successfully concluded ForgeTech India 2023, the country's premier forging industry conference and exhibition, on November 5, 2023. Read more

India's safety sector surges to fuel $17.86 billion global market by 2030

Anticipating this upward trajectory, Bata India Ltd established its Industrial division seven years ago to manufacture top-notch footwear for industrial workers.Read more

Indian Airlines embrace local sourcing for non-critical aircraft parts

According to executives from Air India and IndiGo, the aviation sector in India is adopting a trend prevalent in the US, aiming to gain cost and time benefits for carriers.Read more

Global MRO Giant StandardAero explores JV in India with surging aviation growth

Safran, a French engine manufacturer, plans to establish its largest MRO facility for commercial aircraft engines in Hyderabad by 2025.Read more

Caterpillar to develop hydrogen-hybrid power solution for Off-Highway Vehicles

Caterpillar’s hydrogen-hybrid demonstration project leverages the performance, packaging, and fuel flexibility engineered into the new 13-liter Cat C13D engine platform.Read more

Bosch registers 12.9% profit before tax in Q2 FY 2023-24

Profit after tax (including exceptional items) stood at 24.2 percent of total revenue from operations.Read more

CARACAL, ICOMM: Powering India?s small arms revolution

ICOMM's design, development, and manufacturing center in Hyderabad is one of the largest companies engaged in the production.Read more

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