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Socomec India unveils strategic expansion plans to Sri Lanka, Bangladesh
With a recent €5 million investment by Socomec Group in the Indian market to enhance manufacturing capacity, the goal is not only to meet local demands but also to Sri Lanka and Bangladesh markets through exports.Read more
Alleima explores innovation opportunities in biofuels sector with its news alloys like Sanicro® 35
Alleima India has recently inaugurated new heat exchanger tube facility in Mehsana, India. Sharath Satish, President of Alleima Tube division in the APAC region, and MD of Alleima India in this interview tells the significance of such developments in the country. He elaborates on the potential of Indian market in the energy, chemicals, and petrochemicals sectors and how company is aiming to grow with the growing Indian economy.Read more
Belagavi Aerospace Cluster manufactures components with least carbon footprint
Founded in 2006 and nurtured as a unique, diversified contract manufacturing company, Aequs, provides vertically integrated product solutions across the Aerospace, Toys, and Consumer Durable Goods industries. Rohit Hegde, President, Consumer Verticals, Aequs in this interview provides insights on company’s sustainable manufacturing practices.Read more
Anand Group to invest Rs 987 cr in Tamil Nadu for automotive manufacturing
The Group formalised this commitment by signing a Memorandum of Understanding (MoU) with the state government during the recent Tamil Nadu Global Investors Meet 2024 in Chennai.Read more
PTC Industries, Nasmyth forge strategic partnership for Global Aerospace Solutions
PTC Industries seeks to enhance its capabilities to better serve the specific requirements of Indian customers and execute projects more efficiently.Read more
Sahasra Group invests Rs 350 cr to pioneer semiconductor packaging in India
Sahasra group's Semiconductor division has achieved the milestone of being the first private Indian company to commence packaging and testing operations for NAND flash memory.Read more
Gadkari inaugurates Volvo CE's new products at EXCON 2023
The EC500 50-Ton Electric excavator showcases the futuristic all-electric road compactors, DD40 Electric and PT220 Electric developed in India, unveils the EC80 Electric and brings L120 Electric wheel loader in India for customer trials.Read more
Hindalco Industries to invest Rs 800 cr in new battery foil plant in Odisha
The new plant will augment the company's manufacturing capacity for high-quality aluminum foil, essential for rechargeable batteries, to cater to the rapidly expanding market for electric vehicles (EVs) and energy storage systems.Read more
PLI scheme: The way forward
The Rs 2.71 trillion Production-Linked Incentive (PLI) schemes, rolled out to promote the economic development of various sectors, have faced multiple implementation challenges. Bhavesh Thakkar summarises such challenges and also presents the way forward.Read more
Govt mulls Rs 12,000 cr incentive for domestic mining equipment manufacturing
A high-level committee, led by the director (technical) of Coal India (CIL), has proposed a five-year incentive program to stimulate domestic manufacturing.Read more