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India’s export of engineering goods crosses $8 bn mark in May 2021
May 2021 witnessed YoY growth for engineering goods and the US topped as India's export destination at $1,022 million. Shipments to China continued to decline and fell sharply by 35% to $444.65 million, says EEPC India.Read more
MSME engineering exporters in India want PM intervention on rising steel prices
The engineering exporters in the MSME segment have sought Prime Minister Narendra Modi's intervention on rising steel prices.Read more
FIEO: Gradual opening of key global markets to push exports
The need of the hour is to soon notify the RoDTEP rates to remove uncertainty from the minds of the trade and industry thereby helping in further forging new contracts with the foreigner buyers.Read more
CRISIL: Lower oxygen supplies to impact SMEs in key five sectors
These 5 sectors - metal fabrication, automotive components, shipbreaking, paper, and engineering - typically do not have captive oxygen plants and source their need through merchant suppliers for operations such as welding, cutting, cleaning and chemical processes, says CRISILRead more
Scientists develop cost-effective technology for recycling aluminium scraps
The technology is in 7th stage of Technology Readiness Level (TRL) and Dr C Bhagyanathan’s team has collaborated with several industrial partners in CoimbatoreRead more
Aker Solutions and AVEVA enter partnership to deploy engineering solutions
This partnership enables remote workers to collaborate in the cloud and work seamlessly with advanced digital tools. Read more
National Engineering Industries & Amsted Seals JV to manufacture railway spares
The JV will be a big step towards supporting the vision of self-reliant India to set up best-in-class manufacturing infrastructure in the country.Read more
Indian exports went up by 58.23 per cent, the highest ever in a month
Key sectors such as engineering, gems and jewellery and pharmaceuticals recorded healthy growth rate during the month. Read more
Shortage of raw materials hits global adhesives industry
German adhesives manufacturer Jowat SE faces a disruption to the supply of key raw materials and adhesive intermediates caused by outages at several European and American chemical manufacturersRead more
Weidmüller establishes Klippon Engineering to focus on process industry
Already Klippon is an established brand in the process industry for high-quality solutions in connection technology, communication and digitalization and for components for hazardous areas and engineering services. Klippon Engineering will focus on the development of solutions, especially in the field of explosion protection.Read more