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India’s GDP grows 1.6% in Q4 2020-21 aided by manufacturing push
For the entire financial year 2020-21, the GDP contracted 7.3 per cent  a record low. In January-March last year, the economy had grown 3 per cent.Read more
CSIR-CMERI transfers Oxygen Enrichment tech to two more MSMEs
CSIR-CMERI in the last five years has transferred 125 different technologies to the MSMEs to empower the sector at large, and setup specialised manufacturing hubs to improve the technical capabilities of the national industry base and human resource profile.Read more
How can real-time data improve your manufacturing plant?
In today’s hyperfast landscape, real-time data is the only way to go. However, implementing these solutions is no small feat. Emily Newton explains how companies can prepare for the new age of big data and improve their manufacturing operations.Read more
Yokogawa selects C3 AI Suite to enhance enterprise AI applications
Yokogawa expects C3 AI to play a critical role in its AI-enabled offerings that deliver optimised productivity for clients, greater levels of industrial autonomy, and creation of new business opportunities across industry verticals like power generation, chemicals, oil & gas, etc.Read more
PLI Scheme to make India’s AC component production more cost competitive: Ind-Ra
Due to PLI Scheme, the cost of manufacturing in India could be cheaper in the range of 8%-12%, depending on the AC component, Sanjuta Goel, Analyst, India Ratings and Research (Ind-Ra).Read more
Ashok Leyland delivers first lot of bullet proof vehicles to Indian Air Force
Light Bullet Proof Vehicles (LBPV) is an adopted version of Lockheed Martin’s CVNG (Common Vehicle Next Gen) and has been developed under TOT from LM to Ashok Leyland. It is completely indigenised and developed in India. Read more
Cabinet approves PLI Scheme for Air Conditioners & LED Lights
Different segments have been earmarked for different types of components separately to specifically target global investments into desired areas.Read more
Atal Innovation Mission launches AIM-PRIME, in partnership with BMGF & Venture Center
In this regard, AIM has joined hands with Bill & Melinda Gates Foundation (BMGF) to launch this nationwide program which will be implemented by Venture Center - a non-profit technology business incubator.Read more
PMFME Scheme aims to build two lakh micro food processing enterprises
This scheme aims to provide financial, technical and business assistance for upgradation of existing micro food processing enterprises.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