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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

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 2017-18”

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

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