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Ramp up R&D to reduce auto component imports: Amitabh Kant
Niti Aayog CEO added that there is need for new synergies such as with IT industry in the areas of power electronics. India must look at using the first mover advantage for producing all components for electric vehicles, thus driving towards the path of being a future global leader.Read more
Government may consider duty hike on RE imports
This hike is expected to reduce dependence on imports from China and develop components locally.Read more
CUMI plans to tap into global growth for abrasives: N Ananthaseshan, MD, CUMI
N Ananthaseshan, MD, CUMI in a video interaction with Industrial Products Finder (IPF) delves into the challenges before the Indian refractory market and attaining self-sufficiency in some segments.Read more
Coronavirus: A silver lining for India’s exports?
India’s exports witnessed a nominal year on year decline of 1.66 per cent to $ 25.97 billion in January 2020 due to global and domestic factors.Read more
Increased imports of welding equipment has negative impact
Welding today is applied to a wide variety of materials and products, using advanced technologies such as lasers and plasma arcs. Read more
Indian Chemical Council raises concerns over RCEP
The association wants government to protect the economy from the flooding of cheap imports of Chinese chemicals by ensuring that there is no misuse of ‘Rules of Origin’ clause in RCEPRead more
“It is pertinent to restrict imports, particularly from Chinaâ€Â
R K Chugh will take over the post of the President, Indian Electrical & Electronics Manufacturers’ Association (IEEMA), on September 17, 2019. In this interview, he explains why electrical equipment industry and SMEs are going to be the game changer for tomorrow.Read more
“Chinese imports have led to closure of many businessesâ€Â
..says Jitendra Kumar Agarwal, Joint Managing Director, Genus Power Infrastructures Ltd, who believes Indian electrical equipment industry is under pressure with the consistent increase in imports especially from China threatening its growth. In this interview with Rakesh Rao, he highlights challenges before the Indian electrical and electronics (E&E) industry and suggests solutions to overcome them.Read more
Steel users collectively appeals over duty hike on steel imports
The 25 per cent safeguard duty on imports of steel will likely impact and affect many SME and MSME steel users across India and will lead to serious disruption in steel sector. Read more
“India’s dependency on imports for specialised valves is reducingâ€Â
Established more than four decades ago, Fainger Engineering today has emerged as a major player in the field of instrumentation and control of basic parameters namely pressure, level and flow. Read more
