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India’s exports grow amid global challenges: Economic Survey 2024-25
India’s share in global services exports doubles from 1.9% in 2005 to 4.3% in 2023.Read more
Schneider Electric launches solutions to address AI led sustainability challenges
Additionally, to address the increased temperatures of high-density workloads, Schneider Electric recently signed an agreement to acquire a majority stake in the Motivair Corporation, enhancing its liquid cooling portfolio and strengthening its expertise in direct-to-chip liquid cooling and high-capacity thermal solutions.Read more
Industry 4.0 gains momentum in India amid challenges
A recent study by the Indian School of Business (ISB) and Plugin Alliance revealed that 54% of Indian manufacturing companies are already implementing AI and analytics to enhance cost efficiency, product differentiation, and market responsiveness.Read more
Schaeffler to lay off 4,700 jobs amid challenges in Europe’s auto sector
Overall, the job cuts will affect around 3.1% of Schaeffler's workforce of 120,000, which increased after its merger with electric powertrain specialist Vitesco.Read more
BYD shifts to import-only strategy in India amid FDI challenges
BYD currently imports three models from China and believes this strategy will sustain its operations in the near term.Read more
Five ways advanced robots are solving construction industry challenges
From cobots to computer vision, robotics professionals and construction managers have forged a lifelong bond. Advanced construction robotics are the single best contributor to industrial progress in the modern era, says Emily Newton.Read more
Trane unveils air handling unit to address ac equipment installation challenges
Traditional air handling units are often complex to dis-assemble and re-assemble, making the process time-consuming and labour-intensive.Read more
Compliance challenges: Probable solutions for MSMEs
Rishi Agrawal, explores the myriad of compliance challenges SMEs face and solutions that can be utilised to combat the issues. Read more
EVs present new challenges and opportunities for tool makers: Pankaj Abhyankar
In this interview with Rakesh Rao, Pankaj Abhyankar, Sr VP & Business Head, Godrej Tooling, explains the evolution of the tooling industry in India.Read more
Indian exporters navigate global shipping challenges amidst Red Sea conflict
Dr Ajay Sahai, the DG and CEO of the Federation of Indian Exporters Organisation urged for local production of corrugated steel, a component not presently manufactured in India, through backward integration.Read more