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Despite slowdown, global manufacturing industry grew 3.8% in 2022

According to Interact Analysis, machinery sector growth outperformed manufacturing in 2022. The US manufacturing industry performed strongly and the Americas growth rate hit 6.9% in 2022, compared to 3.3% for Asia Pacific and 2.6% for Europe.Read more

India's potential as a global manufacturing hub

India's industrial sector saw a significant resurgence in 2021. Adrian Lloyd, CEO, Interact Analysis, explains Indian manufacturing and machinery production value in the following report. Read more

What lies ahead post pandemic

The pandemic has shifted focus from global to local. In this situation, manufacturers are trying to bring supply chains closer to home and are creating opportunities. Manufacturers are leveraging automation and digital technologies to foster growth, says Frans Van Niekerk.Read more

Seize the export opportunity

The Government of India has set an ambitious target of reaching $ 400 billion in exports for the current year. With India achieving nearly a third of its annual target in the first four months of 2021-22, $ 400 billion seems to be within the reach. Read more

PLI scheme to place India firmly in the global manufacturing value chain

PHD Chamber of Commerce and Industry recently held a Virtual Open House Session on the Implications of Production Linked Incentive (PLI) Scheme on India’s Manufacturing and Trade Competitiveness. Read more

Contraction in global manufacturing output lower than expected at 3.9% in 2020

India, China, Japan, and the US have together racked up in excess of $ 200 billion in lost MIO (Manufacturing Industry Output) potential in 2020, says Interact Analysis report. Machine tools were the biggest casualties globally, while semiconductors and electronics machinery sector emerges virtually unscathedRead more

GMCV 2030 gearing up manufacturing industry for growth

Finally unveiled at the conclave was the next year’s event ‘Small is Big: Conclave and Awards”. It will be held on May 22, 2020. The sectors in focus for the next year’s conclave will be defence and aviation. Read more

Robotics & computing are key drivers for Dow's R&D productivity

Dr A N Sreeram is the Senior VP and Chief Technology Officer of The Dow Chemical Company - the Midland (Michigan, USA) headquartered firm that has been recognised with more US Presidential Green Chemistry awards than any other company.Read more

Industry 4.0 can transform India into a global manufacturing hub

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LMT India Starts a Global Manufacturing Facility in Pune

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