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Semiconductors, EVs and electronics to head India's capex by FY2028; ASK Capital
Capex for the manufacturing sector was approximately $264 billion over FY2019-2023, averaging around $53 billion annually.Read more
Schmalz India aims to create a healthy work environment for employees
We recognise that a healthy work-life balance contributes to productivity and job satisfaction. Read more
Dana India and COEP’s Bhau Institute present ‘Dana Innovation Challenge 2.0’
Dana’s Innovation Challenge 2.0 is part of a CSR initiative in India under Research and Innovation.Read more
Lubrizol buys Aurangabad land for firm’s largest manufacturing facility in India
The initial phase of the project represents a projected investment of approximately $200 million and builds on previously committed investment in the region.Read more
All India Steel Bottles Association praises GOI initiative for stainless steel bottles on BIS certification
To facilitate this, BIS is offering faster approvals, licenses, and discounts for manufacturers setting up units within India, differentiating products based on their place of manufacture. Read more
Danfoss Power Electronics marks 10 years of production in India
These initiatives have significantly contributed to decarbonising India's infrastructure sector and paving the way for a greener future.Read more
Honeywell inks pact with Air India for APU aftermarket support
The APU is a critical piece of aircraft equipment that provides electrical power and air conditioning to a plane while it is on the ground. Read more
Policy push and new technologies to drive electrical vehicles sales in India
Though the electric vehicle (EV) penetration in India is only 6.8 per cent (in FY24), the growth opportunity in the EV sector is only going to go up in the future driven by shifting consumer preferences, strong governmental support and technological progress, says Rakesh Rao.Read more
Budget FY25 Decoded!
With emphasis on infrastructure, skill development, MSMEs, and manufacturing, the FY25 budget aims to drive India’s manufacturing-led expansion and exports. However, there are some missed opportunities as well. SME deciphers the short and long term impact of the budget with industry experts.Read more
Lazard report suggests India is on track on becoming a global manufacturing hub
Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.Read more