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FICCI president asks Modi govt to focus on 'Making in India for the world'
The imperative to establish India as a premier manufacturing hub by reducing costs, enhancing ease of doing business reforms, and positioning the nation as a destination for high-quality products. Read more
Hitesh Doshi of Waaree Energies, bags Global Solar Leader award at SNEC 2024
Waaree Energies is India's largest manufacturer of solar PV modules with an aggregate installed capacity of 12 GW as of June 30, 2023.(Source: CRISIL Report) Read more
KBL awarded GreenPro Ecolabel Certification for sustainable manufacturing
KBL is India’s largest centrifugal pump manufacturer with nine manufacturing facilities in India along with international subsidiaries and operations in the Netherlands, South Africa, Thailand, UK and USA. Read more
Gates Corporation to establish Global Technical Center at Lalru, Punjab
By setting up the Gates Global Technical Center, the company aims to enhance its capabilities in innovation to deliver advanced solutions to its global customer base.Read more
Over 500,000 industrial robots shipped in 2023 globally
The industrial robot market growth trajectory is in line with global manufacturing output figures.Read more
Why MSMEs want a review of Section 43B(h)?
Section 43B(h) of Income Tax Act - mandating payment to micro and small enterprises (MSEs) within 45 days of supply - was welcomed when announced in Budget 2023-24. However, MSEs are now facing a peculiar problem of losing orders from large firms because of it. Rakesh Rao explores more on this issue and the road ahead.Read more
BFIL acquires 72,000-tonne forging lines to strengthen global market position
The company did not disclose financial details of the deal.Read more
Indian aerospace manufacturers seek global orders; ask GOI for policy push
The surge in orders has prompted global aerospace suppliers to ramp up sourcing from India. Airbus, in particular, is strengthening ties with Indian partners for various functions such as IT, engineering, and production. Read more
Demand for warehouse automation boosts amid 'Make in India' push
Economic growth boosts demand for logistics in India, with 13.5 million sq ft leased in Jan-Mar 2024. Tier-I cities saw a 25% increase, Tier II and III cities 20%. Read more
India to become landfill for Chinese products amid US Beijing tariff war; GTRI
These tariffs include a 100% duty on electric vehicles, a 50% duty on semiconductors, and a 25% duty each on electric vehicle batteries originating from China.Read more