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Varroc Engineering Q2 FY26 Results: Growth Amid Challenges, Strong Focus on EV & Cost-Cutting

Over the last 3 years since the divestment exercise, Varroc have been consistently improving on financial prudence, cost reduction and customer delight.Read more

SIT plans to introduce new power transmission solutions in India: Amit Nangre

In this interview, Amit Nangre, Executive Director, SIT PTC India Pvt Ltd, shares insights on the company’s growth journey, challenges, and future opportunities.Read more

India is now positioned as a leading player in forging: Yash Munot

In this interview with Rakesh Rao, Yash Munot, President, Association of Indian Forging Industry (AIFI), highlights India’s readiness to strengthen its global position in forging, and importance of innovation, automation and sustainability.Read more

India is a key pillar in BorgWarner’s global growth strategy: C Krishnamurthy

In this interview, Chandrasekar Krishnamurthy, Global Director of Product Management at BorgWarner, discusses the company’s expanding footprint in India and its pivotal role in the nation’s electric vehicle (EV) transformationRead more

Global protectionist policies pose challenges to India's exports: Pankaj Chadha

In this exclusive interview with Rakesh Rao, Pankaj Chadha, Chairman, EEPC India (the country’s apex engineering exports organisation), elaborates on the current global market scenario, India's role in the evolving market and exports forecastRead more

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

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