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India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India

While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more

COVID triggers mechanisation of warehouses

India's warehousing sector received institutional investment commitments of $6.5 billion after the GST implementation.Read more

Sweden’s Weland Solutions expands into India’s storage lifts market; ties up with A M Ecosystem

Traditionally, customer base of Weland Solutions includes industries like automotive, aeronautics, etc. The low level of customisation with the conventional VLM (vertical lift module) suppliers offer opportunities for Weland’s compact lifts, says Rakesh RaoRead more

Ramp up R&D to reduce auto component imports: Amitabh Kant

Niti Aayog CEO added that there is need for new synergies such as with IT industry in the areas of power electronics. India must look at using the first mover advantage for producing all components for electric vehicles, thus driving towards the path of being a future global leader.Read more

Why rugged tablets are needed in harsh factory environment

Factories have harsh operating environments that normal devices would not survive in. Rugged tablets are engineered to withstand drops, shocks, spills, vibration, dust as well as oil and grease found in manufacturing floor space, say Rick Hwang.Read more

Indian auto component industry de-grows 11.7% in FY 2019-20, clocks Rs 3.49 lakh crore

According to ACMA, sales to OEMs declined 17 per cent, imports by 11.4 per cent and exports by 3.2 per cent. On the other hand, auto component aftermarket at Rs 69,381 crore ($ 9.8 billion) remained stable. Industry cautiously optimistic as green shoots emergeRead more

SLR Metaliks invest Rs 60-70 crore to raise alloy steel manufacturing capacity

Despite COVID 19, the company - one of the leading suppliers of alloy steel to automotive and other industries - has increased the capacity from 0.3 million tonne to 0.4 million tonnes. While SLR Metaliks is pinning hopes on automotive industry’s revival, it is also holding talks with DRDO for suppling alloy steelRead more

Mitsubishi Electric launches MELFA ASSISTA Series cobots in India

MELFA ASSISTA collaborative robots can work together with humans, keeping safety features such as collision detection a priority and complying strictly with the international safety and robotic standards ISO 10218-1 and ISO/TS15066.Read more

ABB’s electrification business unveils online marketplace eMart

The marketplace portal will offer more than 6,000 products from its electrification business for home and industrial buyers. eMart hosts a wide range of products such as digital circuit breakers, contactors, MCCB, modular switches, MCB, RCCB, home automation, voltage relays, etc.Read more

ABB opens robotics facility in Bengaluru

The new facility - which houses a state-of-the-art shop floor that can run proof of concepts and factory acceptance tests for 1000 ABB robots every year - will enable ABB India to deliver robotic applications to industries like automotive, food & beverage, electronics, etcRead more

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