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Inequality in this world: What to do?
It is thus realised that ‘equality’ in many spheres of activities cannot be enforced, but can be enabled through mechanisms. To bring about greater income parity and to reduce the pay gaps in companies, R Jayaraman suggests creation of a ‘Income Equalisation Fund’ in every company.Read more
By Design Alpha acquisition, AREL gains expertise in industrial design
Electronic Systems Design and manufacturing company, Amara Raja Electronics Limited (AREL) sets a clear vision to become 1,000 crore company and increase export operations by FY 2028 tells Sajan Pulikottil David, Business Head, AREL in this interview. The company has recently invested in DFM Softech Solutions Pvt Ltd to expand its operations in electronics design landscape.Read more
ELCINA plays a significant role in promoting local component manufacturing
In 1967, ELCINA (Electronic Industries Association of India) established as the first industry association to support electronics hardware industry of India. Since then it has been actively working on the policy and business environment issues of the E&E Industry. In this interview Rajoo Goel, Secretary General, ELCINA shares the significant work of ELCINA giving an overview on the developments in the past years.Read more
Maha govt & Gogoro to partner on Ultra Mega Project for Smart Battery Infrastructure
Maharashtra’s Ultra Mega Project offer outlines an eight year phase 1 investment plan that includes more than $500 million investment in manufacturing and $1 billion in smart battery infrastructure.Read more
Demand for drives is increasing with the rise in automation
Drives (such as variable frequency drives or servo drives) enable precise and efficient control of components - a key requirement in automation. An increase in automation could lead to a shift in the types of drives demanded, favouring more advanced and precise drive technologies, says A R Madhusudan, President, Drive Products, ABB India. In this interview with Rakesh Rao, Madhusudan highlights the importance of drives in achieving the industry's sustainability goals and the company's growth plaRead more
Festo’s patented VTEM is first digitalised pneumatics platform in the world
The Indian arm of global multinational, Festo is functioning for over two decades in the Indian market. The company has a rich experience with developing new products and solutions over the time meeting the customer demands. R Joshi, Managing Director, Festo India in this interview tells us more about such innovations in digitalisation lead. Read more
QVI announces Keith E Polidor as President and Chief Executive Officer
Keith has had 23 years of experience with QVI, most recently as Chief Operating Officer (COO) since 2016 and as QVI’s Corporate Secretary since 2007.Read more
FDI in manufacturing increases by 76% due to PLI Schemes
PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.Read more
Tesla agrees to set up vendor base and start EV assembly in India
The move follows the Indian government's request for a domestic assembly plant and vendor base. Tesla aims to integrate manufacturing and the supply chain, potentially expediting vendor selection.Read more
Vipul Organics’ annual results for FY23 shows increased sales by 35% Y-o-Y
Vipul Organics, the Specialty Chemicals company in the pigments and dyes segment, announced their annual results. Total Revenues marginally up despite multiple headwinds. On a standalone QoQ basis, Q4 revenues up by 12.37%, PAT up by 181%.Read more