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Global manufacturing output set to grow by a mere 0.3% in 2024
According to the firm Interact Analysis? latest research, the outlook for global manufacturing is bleak, and this looks set to continue throughout 2024 into early 2025.Read more
We are reinventing India Centric Automation in our own way
Wipro PARI, a user as well as provider of digital/automated solutions in the industry, is one of the largest global automation companies. In this interview, Sundararaman G, Co-CEO, Wipro PARI, Wipro Infrastructure Engineering talks about Industry 4.0 ecosystem, low-cost routes to automation, and emerging trends in the automation and digital manufacturing. Read more
India's growing economy set to outpace China temporarily: IMF
According to Krishna Srinivasan, Director of the Asia and Pacific Department at the IMF, India is projected to account for 18% of global growth by 2028, up from the current 16%.Read more
HSBC Report: India's economic surge not enough to overtake China's dominance
Economists Frederic Neumann and Justin Feng argue that India currently operates on a limited scale, while China's economic magnitude is too substantial to be easily surpassed on the world stage.Read more
India reverses laptop import restrictions amid backlash
The country's trade secretary, Sunil Barthwal, announced the change, stating that the government aims to closely monitor laptop importers.Read more
India's leading solar manufacturers call for trade barriers amidst import influx
India's largest manufacturer of solar modules is urging the government to reintroduce trade barriers to shield it from competition from countries like China and Vietnam.Read more
Arrest of Lava International founder shakes mobile manufacturing industry
ICEA chairman Pankaj Mohindroo expressed deep concern, acknowledging the plummeting morale within the industry and the discouragement felt by national champions.Read more
Pricol partners with China's Heilongjiang Tianyouwei Electronics
Pricol has entered into a Co-operation Agreement for Technology and Supply of Parts and Systems with TYW for advanced technologies in Driver Information System Solutions including e-cockpit, Heads up Display (HUD), etc.Read more
Barclays report highlights India's path to 8% GDP growth and global dominance
The report raised a crucial question: whether India can achieve rapid growth without compromising its hard-earned macro stability amid global economic turbulence.Read more
India's E-scooter startups struggle amidst localisation challenges
A significant setback has emerged as several of these startups face criticism for importing parts from China instead of sourcing locally.Read more
