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Industry expects corporate tax cut to revive economy

Corporate tax for new domestic manufacturing firms has been reduced to 15 per cent. Decision to expand the scope of CSR spending expected to promote PPP in R&D and help India move up the innovation ladder.Read more

“SMEs are contributing in making Indian economy strong”

Vibratory equipment, used by many industries for solids handling applications, are designed to operate under heavy loads/impacts.Read more

Budget 2019: Putting economy back on track

India is at an inflection point where high growth rate will be the key for overall development. The primary focus of budget 2019 has been towards reversing the weakening growth, boosting domestic and foreign investments, rapid infrastructure building and also at creating a conducive business environment for start-ups and entrepreneurship. IPF spoke to industry leaders to know hits and misses of the budget.Read more

To become $5 tn economy, India needs to grow at 8%: Economic Survey

The survey, presented a day before Budget 2019-20, recommends creating a virtuous cycle encompassing private investment, jobs, exports Read more

Schaeffler India showcases future ready technologies at SIAT 2019

The product portfolio across engine, transmission, chassis along with hybrid and e-mobility solutions will showcase Schaeffler’s strengths in future mobility solutions.Read more

Will interim budget provide impetus to the economy

The interim budget was an attempt to please all sections of the society. While many initiatives were announced in line with the Government’s 10-point dynamic vision to build India of future, execution will be the key.Read more

Henkel joins AEPW as one of the founding members

The Alliance to End Plastic Waste will develop solutions that will minimise and manage plastic waste.Read more

Technology will drive the manufacturing sector of tomorrow

Indian industries have always been the late adopters of technologies. However, if India aims to become a manufacturing hub of the world, it will have to embrace advanced technologies and systems. This, Vikas Khanvelkar, Managing Director of DesignTech Systems Ltd, believes will increase the country’s efficiency, productivity and cost effectiveness.Read more

India will be the key in shaping the future of global economy

Considering the fact that around 90% of industries in India come under the manufacturing sector, SMEs play a critical role in the growth of Indian economy. For India to become a global manufacturing hub, Kalyan Sridhar, Country Manager, PTC India, believes that it is critical to empower the growth of ancillary industries and deploy technology that will result in making the country an efficient manufacturing destination. In this interview, he explains the importance of new-age technologies in revRead more

India to become a $5 trillion economy soon: Suresh Prabhu

India will be a 5 trillion dollar economy, it is only a matter of time according to Suresh Prabhu, Minister of Commerce and Industry and Civil Aviation. He was speaking at the Annual Session 2018 organised by the Confederation of Indian Industry in New Delhi on 9th of April 2018.Read more

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