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McKinsey Director urges urbanisation and productivity revolution by 2047

Chris Bradley points out a demographic contrast with China, foreseeing a decline in China's workforce due to aging, while India is expected to witness an increase of at least 220 million workers through farm migration.Read more

Indian Airlines embrace local sourcing for non-critical aircraft parts

According to executives from Air India and IndiGo, the aviation sector in India is adopting a trend prevalent in the US, aiming to gain cost and time benefits for carriers.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

DGTR initiates probe into extending anti-dumping duty on Chinese aluminium alloy wheels

Companies such as Kosei Minda Aluminium Company, Maxion Wheels Aluminium India, Minda Kosei Aluminium Wheel, and Steel Strips Wheels have jointly submitted an application representing the domestic industry.Read more

Tajinder Gupta appointed Director (Power), BHEL

Tajinder Gupta, 56, has assumed charge as Director (Power) of the Public Sector engineering and manufacturing enterprise., Bharat Heavy Electricals Limited.Read more

Dixon Technologies to build Xiaomi Smartphone assembly facility in Noida

Dixon Technologies (India) Ltd, a contract manufacturing firm headquartered in Noida, is currently in the process of establishing a sprawling assembly facility spanning 1 million square feet for the renowned Chinese electronics brand, Xiaomi.Read more

Schaeffler India appoints Hardevi Vazirani as Director Finance & CFO

In this position, Vazirani will succeed Satish Patel, who is retiring from the company on February 12, 2024, after a career spanning three decades.Read more

Spark Minda bags Battery Charger Order for Rs 750 Cr from a leading OEM

The awarded product will be manufactured at Spark Minda's state-of-the-art, Spark Minda Green Mobility Systems (a wholly owned subsidiary of Minda Corporation Limited) facility at Pune.Read more

Valeo opens Satellite Tech Centre in Bengaluru as part of its Global Tech Centre in Chennai

Thierry Berthelot, Consul General of France inaugurated the new office at Pritech Park Annex, Bellandur, Bengaluru in the first week of July.Read more

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