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JK Tyre receives €30 million loan from DEG for expansion

In recent years, DEG has geared its strategy more and more towards shaping solutions for a sustainable and economically successful transformation together with its customers.Read more

TeamLease Degree Apprenticeship to bridge Indian semiconductor sector skill gap

Despite the promising growth trajectory, TeamLease’s internal projections indicate a deficit of 250,000 to 300,000 professionals by 2027 in the semiconductor industry, encompassing R&D, design, manufacturing, and advanced packaging. Read more

Green industries: Fusing skills, tech for manufacturing advancements in India

Integrating green technologies and innovative solutions is critical for India to foster eco-friendly industrial growth while mitigating the perils of climate change. Manufacturers must act now to secure green talent and catalyse enduring positive change says Sumit Kumar.Read more

Panasonic introduces 6-in-1 inertial sensor to elevate automotive safety, performance

The sensors are compliant with the highest Automotive Safety Integrity Level (ASIL-D) defined in ISO26262 Function Safety Standard.Read more

Indian Auto sees surge in apprentice recruitment with PLI expansion

The report, courtesy of TeamLease Degree Apprenticeship, anticipates a noteworthy increase of 70-80% in apprentice hiring.Read more

EMO 2023: Support-free 3D printing from TRUMPF reduces waste

New software for TRUMPF 3D printers eliminates the need for almost all support structures. Users such as toolcraft cut down material usage and reduce part costs. Read more

IMF: India's projected growth rate is 4.1 per cent higher than that for China

These numbers precede the current wave of the virus, which is quite concerning.Read more

October exports show degrowth of 5.4 per cent due to supply challenges: FIEO

FIEO also observed that the current industry is also showing signs of revival as both order booking position and Manufacturing PMI have risen.Read more

CARE Ratings estimates GDP degrowth of 6.1 per cent

These are revised observations, considering the lockdown reinstated even in July across many states and manufacturing units operating at half of its capacity. Read more

Atmanirbhar Bharat package lacks immediate stimulus for auto sector: SIAM

Reduction in the GST rates from 28 to 18 per cent for a limited period and an incentive-based vehicle scrappage policy would have made a less painful revival.Read more

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