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Bilateral trade between India & Germany was € 23.5 bn in FY21–22

German Engineering Federation, VDMA is one of the largest network organisations for the machinery and equipment manufacturing industry in Germany and Europe. With its establishment in India, VDMA India Services Pvt Ltd is acting as a bridgehead between German and Indian industries. In this interview Rajesh Nath, Managing Director, VDMA India shares the significance of Indo-German economic relations and forthcoming alliances between the countries to grow trade opportunities.Read more

Godrej & Boyce, Renmakch together to develop a 'Make-in-India’ value chain for railways

Godrej Tooling signed a Memorandum of Understanding (MoU) with Renmakch to leverages global technology from Europe and Japan to promote indigenous development in Indian Rail sector. Read more

Schneider Electric unveils sustainable energy solutions at Elecrama, announces Rs 1400 Cr investment

European MNC, Schneider Electric celebrates its 60 years in India. At Elecrama 2023, it showcased a wide range of energy management and next-gen automation solutions, reaffirms commitment towards Atmanirbhar Bharat and announced an investment of Rs 1400 crores to increase its manufacturing footprint by building five new factories.Read more

Make in India 2.0 Vision to empower manufacturing industry

The Atmanirbhar Bharat Abhiyaan (self-reliant India movement) is the vision of new India envisaged by the Prime Minister. A successful and robust manufacturing industry ecosystem can spell economic success and development in the coming times, says Ashish Dhakan.Read more

Bohmen Industries is focusing on developing new products

From its humble beginning in 1979, Bohmen Industries today offers a wide variety of position switching devices catering to various industries. Post-Covid, the company is seeing a good demand due to a reduction in competition from the unorganised sector as well as a definite aversion for cheap imported alternatives, reveals Abhishek Bohra, Partner, Bohmen Industries.Read more

Ashok Leyland launches three advanced products at DefExpo 2022

The company showcased products like JEET 4x4 (a proven vehicle platform, equipped to perform in hills, high altitude, cross country, plains & desert terrain), LBPV 4x4 (light bullet proof vehicle 4x4) and Tank T72 GB Assembly aggregates (gear boxes).Read more

Dixon Technologies arm to receive Rs 53 cr under PLI scheme for electronics

The Empowered Committee (EC) has approved the first disbursement of Rs 53.28 crore under PLI (Production Linked Incentive) Scheme for Large Scale Electronics Manufacturing to Padget Electronics Pvt Ltd - a 100% subsidiary of Dixon Technologies India Pvt LtdRead more

Bharat Forge arm, Spain’s Talgo form JV for making high speed trains

The proposed collaboration between BF Infrastructure Ltd and Talgo India will focus on setting-up manufacturing, maintenance and life cycle support hub for new generation, energy efficient, lightweight aluminum high speed railway trains.Read more

BEML bags order from Coal India for 20 Cu M Electric Rope Shovel

BEML Limited, a Government of India Undertaking under Ministry of Defence, has signed a contract with Coal India Ltd for supply of 20 Cu. M Electric Rope Shovel for deployment in the Mines of Northern Coalfields Ltd. The contact is valued at Rs 118 crore.Read more

Atmanirbhar Bharat: Ramping up the scale of manufacturing

During the pandemic, indigenous manufacturing emerged as the most ideal resort to ensure seamless functioning of the industry. Producing high-quality competitive products can be a gateway for expanding the indigenous business globally, says Deepak Pahwa.Read more

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