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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

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

Industrial sector GVA rose by 3.7% in H1 FY23: Economic Survey 2022-23

The survey says, Industry 4.0 is India’s way forward in achieving the goals of Aatmanirbharta and ambitions of becoming a key player in global value chains. Private final consumption expenditure (PFCE) as a share of GDP in H1 of FY23 was highest among all half years since FY15. Read more

Economic Survey: Indian economy is poised for faster growth in the coming decade

Considering the evolving geo-political situation, the Survey notes that India has an opportunity to benefit from the diversification of global supply chains.Read more

Electrification will become growth driver for Dana India

In this interview with Rakesh Rao, Gajanan Gandhe, Country Head & VP, Dana India, elaborates on the company's India business and trends in the auto industry.Read more

Sterlite Power bags orders worth Rs 3,800 cr, growth up 90% in FY23

Sterlite Power won new orders for Rs. 3,800 crores in first three quarters of FY23. The company made a growth of 90 per cent as compared to FY22 with multiple projects of uprating existing power transmission lines and product orders for conductors and optical ground wire (OPGW).Read more

Machine tools industry heading for a sharp growth

Rapid growth in the automotive and other industrial sectors - aided by the government's PLI schemes - augurs well for the Indian machine tools sector. With the green shoots being evidently visible, business prospects of the machine tools industry is expected to improve further in the coming years, says Rakesh Rao.Read more

Collaborative growth

In January 2022, Reliance Industries bought 54 per cent stake in Addverb Technologies (a manufacturer of autonomous mobile robots, sorting robots, and automated storage and retrieval systems) for $ 132 million marking an entry of big industrial giant in the fast-growing industrial automation sector.Read more

Indo-Built aiding India’s economic growth with novel storage solutions

The brand has a strong hold in almost all manufacturing sectors, retail, e-commerce and outsourced warehousing for their material handling applications since the last 35 years.Read more

"New National Logistics Policy will act as a growth catalyst"

Godrej Material Handling - a business unit of Godrej & Boyce - is one of the leading manufacturers and exporters of forklift trucks and solutions in India. In order to aid India's expansion as a manufacturing hub, the company has introduced many innovative material handling solutions to boost efficiency in supply chain operations. In this interview with Rakesh Rao, Anil Lingayat, Executive Vice President & Business Head, Godrej Material Handling, explains impact of changes in logistics & warehouRead more

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