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Post- financial recession India leads manufacturing sector in new global market
Following the pandemic, which resulted in supply chain shocks, there was an economic slowdown, especially in developed markets.Read more
Wipro Hydraulics signs agreement to acquire Novacap company Mailhot Industries
Wipro Hydraulics, a division of Wipro Infrastructure Engineering, has inked a deal to acquire Mailhot Industries, a Novacap company based in Quebec, Canada, known for its expertise in hydraulic cylinder manufacturing, particularly in refuse trucks and snow removal equipment. Read more
HP & INDO-MIM spearhead metal 3DP for automotive applications in India
As India is a highly cost-sensitive market, manufacturers may use 3DP for high-quality personalisation parts for vehicle interiors and detailed EV components.Read more
Merak Ventures seed funds Rs 100 mn in chemical manufacturing platform, Atomgrid
Merak Ventures invests Rs 100 million in Atomgrid, a chemical manufacturing platform co-founded by IIT-BHU alumni, aiming to enhance R&D and global outreach for Indian chemical manufacturers.Read more
Lam Research expands semiconductor fabrication equipment supply chain in India
The Ministry of Electronics and IT is in pursuit of developing a downstream ecosystem with industries that utilise output to manufacture finished products, including equipment manufacturing.Read more
Tata Motors celebrates 9,00,000th vehicle rollout from Lucknow facility
The state-of-the-art manufacturing facility is a significant hub for production of commercial vehicles, including green mobility solutions.Read more
Apple supplier Salcomp to invest Rs 20 billion in Indian facility
India has been trying to take advantage of the trade war between Beijing and Washington, which has disrupted supply chains and forced companies to look for alternative manufacturing locations.Read more
Tata Passenger Electric Mobility and shell team up for EV charging in India
The two companies are also exploring introducing convenient payment systems and loyalty programs, which will add significant value to TPEM’s customers.Read more
Nuberg EPC leads India's largest Chlor-Alkali Project for Adani Group
This pioneering project is poised to make a significant impact in the industry with a capacity of 2200 TPD, utilising a 100 per cent NaOH process.Read more
MSMEs: The Fight for Financing
As India seeks to become the world’s third-largest economy by 2027, measures are afoot to resolve the funding-related challenges routinely faced by the country’s humongous MSME segment to truly transform it into a strong industrial economy backbone, says Manish Pant.Read more