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PLI schemes: Making India a global manufacturing hub?
The Production Linked Incentive (PLI) schemes have come at an opportune time when investors are been looking to diversify their manufacturing operations across the globe as part of their China Plus One strategy. The scheme is a testament to the vision of the Government for providing long-term industrial support, writes Bhavesh Thakkar.Read more
India should prioritise safety to be global manufacturing hub
Good health and safety management is also good business. If an organisation looks after the health, safety, and welfare of its workers, it will be more productive, and this will help the business to be more successful and sustainable, says Suresh Tanwar.Read more
We are looking at three-fold growth to meet global & domestic needs
Electronic Relays India, solid state relays manufacturers located in Banglore are launching system monitoring SSR and I/O controllers at Elecram 2023. Madhav Badsheshi, DGM, Business Development, Electronic Relays India in this interview reveals the other product and growth plans of the company. Read more
Budget 2023: The manufacturing fine print
Global commodity supply continued to be disrupted due to intensified Russia-Ukraine war and re-emergence of Covid-19 in China. Read more
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
REC inks 3 strategic MoUs at MP Global Investors Summit 2023
The MP Global Investors Summit witnessed participation from more than 314 companies and catalysed three strategic MoUs signed by Rural Electrification Corporation (REC) ltd in renewable energy space.Read more
Auto Expo 2023: Presenting a sustainable perspective
Auto Expo discussed on electrification, automotive policies, thriving eco-energy, welcomes ethanol pavilion and many foreign delegates, and many more, glimpses of three main events by SIAM caught up for you.Read more
Indian auto industry discusses changing dynamics of global trade policies
SIAM organizes the Auto Trade Dialogue at Auto Expo 2023 on the fourth day, foreign delegates discuss dynamics of Global Automotive Trade Policies with Indian industrialist and policy makersRead more
Sundram Fasteners bags $ 250 mn contract from global EV maker
SFL plans to invest Rs 200 crore to support the new orders under the six-year long purchase package involving the supply of input & stator shaft sub-assemblies and drive gear sub-assemblies.Read more
BorgWarner sites celebrate two production milestones
BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, recently announced major milestones at two of its production facilitiesRead more