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Will revised MSME classification solve their funding puzzle?

Only 14 per cent of credit needs of Micro, Small and Medium Enterprises (MSMEs) - the backbone of India's economy - are met through formal channels. The revised MSME classification may mark a pivotal shift in how India supports and enables its small business ecosystem, says Rakesh RaoRead more

Will the US tariff war add to MSMEs’ funding woes?

While Micro, Small and Medium Enterprises (MSMEs) continue to face barriers in accessing funds (due to high collateral norms, lack of credit history, slow approvals, etc), the new tariff war could add to their financial woes, says Rakesh Rao.Read more

India is a key strategic market for Hexagon: Jason Walker

In this interaction with Rakesh Rao, Jason Walker, VP, General Manufacturing Practice Lead, Hexagon, sheds light on the factories of the future and importance of India for Hexagon.Read more

AWSi showcases office-on-wheel at Hannover Messe 2025

Recently, August-Wilhelm Scheer Institute (AWSi) collaborated with an Indian company to develop AI-driven tools to optimise insect farming operationsRead more

Automation is reshaping laser design with AI and ML: Hrishikesh Sawant

Laser integration with traditional or CNC machine tools significantly enhances precision, speed, and cost-efficiency by enabling precise cutting, welding, and surface treatment processes, comments Hrishikesh Sawant, Director, C And C Laser Engineering Pvt Ltd in an interview with Rakesh Rao. Read more

MAHLE launches bionics to optimise noise in air conditioning systems

The bionic radial blower sits in front of the evaporator and makes the design of the air conditioner symmetrical and narrow. This creates more space for other components, a crucial advantage especially in battery electric vehicles. Read more

AI & automation transforming warehousing in India: Ananth Seshadri

The integration of AI and automation is not only enhancing operational efficiency but also creating new job roles in machine learning, programming, and data science to operate the tech-driven warehouse management industry. Additionally, automated warehouses are enabling businesses, opines Ananth Seshadri, President, TVS Industrial & Logistics Parks.Read more

ABB India launches AI-powered startup challenge in smart drives

The last date to submit applications is April 29, 2025.Read more

JCBL Group signs India’s first defence MoU with Slovakia

Under this partnership, ADSL will play a pivotal role in the indigenous development and manufacturing of critical combat systems for light tanks, including Turrets, Active Protection Systems (APS), Remote-Controlled Weapon Systems (RCWS), and Human-Machine Interface (HMI) modules. Read more

Mahindra Aerostructures to manufacture H130 Helicopter Fuselage for Airbus

Under this agreement, Mahindra will produce the H130’s main fuselage assembly, which will then be shipped to Airbus Helicopters’ facilities in Europe.Read more

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