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Centre gives nod to Rs 4500 cr PLI scheme for Solar PV modules
The scheme aims to create additional 10,000 MW capacity of integrated solar PV manufacturing plants. It is expected to drive direct investment of around Rs 17,200 crore in solar PV manufacturing.Read more
IMF: India's projected growth rate is 4.1 per cent higher than that for China
These numbers precede the current wave of the virus, which is quite concerning.Read more
Minda Industries to invest Rs 250 Cr to expand its two businesses
The expansion comes in line with the improved market scenario and increased demand, wherein the said businesses have been operating at near capacity.Read more
What trends are impacting metal casting?
Various factors are forcing the metal casting industry to reevaluate its approaches to stay competitive. Emily Newton discusses some of the important trends that will have a significant impact on the industry’s future.Read more
Auto component major BorgWarner aims to grow EV revenues to 45% by 2030
As part of its Project Charging Forward, the company will invest to further expand electrification portfolio through organic and inorganic growth. It has also announced commitment to achieve carbon neutrality by 2035. Read more
COGOS to deploy 1000 EVs logistics fleet with Altigreen 3 & 4 wheelers
COGOS plans to bring in at least 30% of its revenue from green technologies by 2023 and this agreement paves the path to reach their sustainable goals.Read more
Four ways to improve manufacturing efficiency using managed IT services
Manufacturing organisations have special technology needs. With the right managed IT services provider, manufacturing companies can automate and enhance processes as well as overall productivity of the internal IT teams, says Neelesh Kripalani of Clover InfotechRead more
TATA-Indian Institute Skills to provide training on factory automation
With automation gaining traction, skills will be a crucial differentiator. Automation and robotics are relatively new age tech and this endeavour will add more strength to the adaption and development of new technologies.Read more
Valeo launches compact electric powertrain for 2W & 3W in India
This system - based on 48V technology - is an integrated solution that combines the strengths of proven products - notably the motor and the transmission unit - with the application and systems expertise of Valeo. A single solution, it will meet all the power needs for a wide range of two (2W) and three-wheeler (3W) formats in India.Read more
How will 5G improve industrial automation?
As part of Industry 4.0, more automated systems are relying on the IoT than ever. Since 5G will bring network improvements, it will improve the IoT and consequently improve automation, says Megan Ray Nichols.Read more