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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

We are expecting top line growth of 20% in 2017-18

Rohit Grover, Managing Director, JREW Group. Started as a small company from Chandigarh in 1973, JREW has grown today into Rs 150-crore company having facilities at 4 strategic locations including one at NCR.Read more

IMTEX Forming 2018: The growth amplifier for metal forming industry

India has a huge potential to be unearthed when it comes to metal forming. IMTEX Forming will set the ball rolling by showcasing the latest & high grade innovations and providing a visual treat to the visitors.Read more

Indian plastics industry is poised to witness double digit growth rate

The All India Plastics Manufacturers’ Association (AIPMA), founded in 1945, is the largest apex body of the plastic industry playing a proactive role in development of plastic sector in India. AIPMA is catalyst for growth of the plastic industry.Read more

Automation will accelerate growth in coming years

TaeguTec India is a leading supplier of modern machining solutions to a wide variety of industries such as automotive, mould and die, aerospace, power generation and many others.Read more

Indian plastic machinery industry is on a good growth path

…says Amit Pendse, Managing Director, Electronica Plastic Machines Ltd. Pendse is one of the founder directors of Plastic Machinery Manufacturers Association of India (PMMAI). In this interaction, Amit Pendse tracks the development in plastic injection moulding machines and forecast demand trend in the industry.Read more

Plastics industry: Spurring India’s economic growth

Novel technologies and rise in usage of polymers in new areas of applications are likely to spur the growth of plastic manufacturing sector in the coming years.Read more

Sanjiv Krishen aims high growth trajectory for IRIS Computers

With the reins of Iris Computers back with its founder Sanjiv Krishen, the dynamic IT distribution company is now set on a high growth trajectory. Dragon Singapore, a John Sculley company, had acquired controlling stake in Iris Computers through InflexionPoint. It has now relinquished its hold leaving Iris in the hands of Sanjiv Krishen, who originally founded the company in 1996.Read more

German engineering technology powering India’s growth story

Out of approximately Euro 18.6 billion of machinery imported by India in 2016, Germany had a largest share of around 16%, ahead of Japan (11.2%) and Italy (7%), says Rajesh Nath.Read more

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