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Forging industry is poised for a good growth
With lot of forging shops shutting down operations in the developed countries and tier 1 companies closing down their in-house forging operations, India has a huge opportunity to capitalise on.Read more
Construction equipment industry supporting India’s growth story
The Indian construction equipment market is expected to grow to $5 billion by 2020. According to V G Sakthikumar, the need of the hour for the industry is to think proactively, followed by surefooted action to meet the growing demands of the future - as India marches ahead to become a major manufacturing power to reckon with in 2020.Read more
Indian electrical & electronics industry to register robust growth
In tete a tete with Manish Pant, Balakrishnan Natarajan, Managing Director, EPCOS India Pvt. Ltd, a TDK Group company, expresses the future prospects for India’s electrical & electronics industry.Read more
Manufacturers in Maharashtra bank on ABB to drive sustainable growth
From automotive giants to renewable energy entrepreneurs, ABB - a global technology leader in electrification products, robotics and motion, industrial automation and power grids - is helping Maharashtra reach the next level of growth while raising the sustainability performance of its local suppliers.Read more
Awareness of standard parts among small toolmakers is increasing
The Germany-based FIBRO GmbH is one of the leading global players in the fields of standard parts and rotary tables. According to Vivek Nanivadekar, Executive Director, FIBRO India Precision Products Pvt Ltd, the demand for die & mould is on the high as OEMs look to increase the local contents in the final product.Read more
Thriving industrial growth driving demand for adhesives
Stringent government regulations regarding environmental impact of manufacturing industries acted as a growth driver for water based adhesives and reduced the sales of solvent based adhesives, says Ankur Gupta of Ken Research.Read more
“We expect 25-30% growth in 2017-18â€Â
Kusam Electrical Industries Ltd, one of the pioneers in digital multimeters & clampmeters in India. Goliya has more than 50 years experience in the field of electrical & electronic test and measuring instruments. Read more
Fluid power industry: Aiding 'smart' growth
With the buzz word being ‘smart’, Dr S Prasanna Kumar deliberates on disruptive technologies that would contribute to the growth of fluid power technologyRead more
Change in classification norms for MSMEs to boost growth
The Cabinet’s decision to change the criteria for classification of micro, small, and medium enterprises (MSMEs) from ‘investment in plant and machinery’ to ‘annual turnover’ is likely to give a boost to SMEs sectorRead more
Economic Survey predicts 7-7.5% GDP growth in 2018-19
As a result of a series of major reforms undertaken over the past year, India’s real GDP growth will reach 6.75% this fiscal and will rise to 7-7.5% in 2018-19Read more