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Uno Minda buys Germany’s iSYS RTS to strengthen presence in auto electronics
With increasing electronic content in automotives, Minda Industries has identified electronic control modules as one of the major product line for growth and expansionRead more
Dow Polyurethanes bullish on India to drive growth
Its new systems house in Lote Parshuram, along with Dow India Technology Centre (DITC) in Navi Mumbai, will enable collaboration with customers to create sustainable, market-centric products and solutions.Read more
Indian cleaning industry is poised for 30% annual growth
With rising awareness about hygiene across industries, there is increasing demand for cleaning equipment in India.Read more
Warehousing sector creating new growth avenues
Policy initiatives such as introduction of GST and giving infrastructure status to logistics have created new avenues for the growth of warehousing equipment.Read more
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Handy tips to keep AC in top shape this summer
With a healthy economic growth, the burgeoning middle class of India can afford a comfortable and healthy lifestyle. Air conditioners, once considered an indicator of luxury are now more accessible to this section of society. Every year there is a growing number of families opting for air conditioners in India. Read more
Manufacturing partnership targets growth in Mexico
A global supplier of robotics is set to triple the size of its operations in Mexico with the backing of a leading cutting tool manufacturer.Read more
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Advancements in AI will give a boost to economic growth
With the government aiming to increase the contribution of manufacturing sector in the GDP to 25% by 2020, smart manufacturing and digitalisation are expected to play an indispensable role in changing the dynamics of industrial manufacturing. Emerging technologies such as drones, RFID (radio frequency identification), driverless vehicles, IoT and artificial intelligence will greatly transform the logistics and transport industry in the coming years, says Gautam Pande, Vice President (Operations)Read more
India's GDP growth speeds up at 7.7% in Q4FY18
The improvement in growth appears to be broad-based, with both consumption and investment showing improvement, says CrisilRead more
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