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Ansys and IIT Hyderabad's iTIC Incubator partner to boost Deep-Tech growth
The parties have signed a memorandum of understanding (MOU) to support iTIC Incubator affiliated startup companiesRead more
BMW and German automakers express concerns over EV Policy favouring new entrants
The Indian government has given the green light to a new electric vehicle scheme with tax relief aimed at positioning India as a prime manufacturing hubRead more
Will exports turn positive amid Red Sea crisis?
Armed conflict in the Red Sea is affecting the global trade as the movement of goods has been hindered by the conflict since November last yearRead more
India's Smartphone exports to US reach $3.53 billion in Apr-Dec fiscal
The rise in exports have resulted in India becoming the third-largest smartphone exporter to the USRead more
nasscom CoE teams up with Capgemini for Smart Manufacturing in India
The program aimed at capability building for manufacturing leaders & SMEs, providing step-by-step guidance on accelerating the adoption of digital technologies at plants to improve operational efficiency and productivityRead more
Salasar Techno acquires EMC Ltd via National Company Law Tribunal
Salasar Techno has grown into a large EPC (Engineering, Procurement & Construction) organisation. It has completed large projects for both private and public sector enterprisesRead more
RECPDCL, BHEL sign MoU to create SPV for large-scale RE projects
The SPV will focus to cater energy requirement of preferably the commercial and industrial (C&I) segment with initial capacity of 1 GW which would further be scaled upRead more
Private companies increasingly engage in defense manufacturing
The Indian government recently initiated the development of two defence industrial corridors, located in Uttar Pradesh and Tamil NaduRead more
Niti Aayog introduce plan to enhance MSME sector exports
The Indian government recently initiated the development of two defence industrial corridors, located in Uttar Pradesh and Tamil NaduRead more
Hexagon’s global survey reports 98% of manufacturers hindered by data issues
Major challenges with data availability and quality are impeding the roll-out of advanced technology such as digital twins, automation and AI in manufacturingRead more