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India's manufacturing PMI slips to 56.5 in November amid rising competition

Input cost inflation reached its highest level since July, with items like chemicals, cotton, leather, and rubber seeing price hikes. Read more

Wardwizard and Ampvolts to develop EV charging Infrastructure globally

Ampvolts will also extend its Battery as a Service (BaaS) offerings to Wardwizard’s B2B clients, delivering innovative and comprehensive solutions to enhance business operations.Read more

Vadodara power equipment makers see strong growth amid renewable energy boom

Vadodara has been a key player in power equipment manufacturing for five decades, home to around 200 medium and large manufacturers, including major names like ABB, Siemens, and Schneider Electric. Read more

Bharat FIH shuts R&D and supply chain subsidiary amid revenue decline

In 2021, Bharat FIH had established two subsidiaries—Bharat Taiwan Corporation and Rising Stars Hi-Tech—to enhance research, product development, and engineering capabilities. Read more

Industry 4.0 gains momentum in India amid challenges

A recent study by the Indian School of Business (ISB) and Plugin Alliance revealed that 54% of Indian manufacturing companies are already implementing AI and analytics to enhance cost efficiency, product differentiation, and market responsiveness.Read more

Mushin Labs raises $250K in seed series round led by Inflection Point Ventures

Mushin Innovation Labs, a pioneering SaaS startup, is transforming the automotive manufacturing industry with its advanced digital solutions. Read more

India sets ambition to become global drone manufacturing hub: Rajnath Singh

Singh outlined adaptive defence as a strategy requiring situational awareness, flexibility, resilience, and integration with advanced technologies to respond effectively to unpredictable challenges.Read more

BEML’s Q2 profit drops amid weakening demand

BEML’s material costs, which constitute over half of its expenses, rose slightly by 0.2%, while total expenses dropped 7% to Rs 8.2 billion.Read more

L&T expands aerospace focus amid India’s $44 billion space market boom

The first launch of a privately built PSLV is expected in early 2025, with each rocket costing approximately Rs 2 billion.Read more

Amara Raja to launch battery recycling operations in TN by November end

Currently, 83% of the lead in the company’s manufacturing comes from recycled sources.Read more

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