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ASMI submachine gun from Hyderabad's Lokesh Machines Ltd. used for army service
The National Security Guard (NSG) and the Assam Rifles have received pilot lots of the ASMI and have expressed interest in further deployment, while the Border Security Force (BSF) has placed a pilot order for four guns.Read more
Increased scrutiny by US FDA: A boon or bane Indian pharmaceutical sector
Even with the surge in USFDA-approved manufacturing sites in India, the proportion of Official Action Initiated (OAI) observations by the USFDA has stayed consistent at 10% of total inspections in CY23. Read more
Tax deducted at source implications on year-end provisions
TDS is required to be deducted at the time of payment or credit in books to the account of the recipient, whichever is earlier.Read more
Socomec appoints Sankaran Subramanian- Deputy GM & Operational Marketing Manager
He will aid in executing sales strategies while working in conjunction with other regional teams to enhance business outcomes.Read more
PLSIND and SBI to provide financing solution to solar-interested customers
The company is targeting specific regions with high solar energy potential to increase market penetration and higher adoption. Read more
Musashi starts mass production of EV two wheeler e-axles in India
Musashi has set-up capacity to produce 10,000 e-axles per month in phase 1. Read more
Danfoss & Hewlett Packard Enterprise unite to deliver sustainability services
Incorporating AI into India's expanding data center industry is crucial for sustainability and addressing the environmental impact of data centers.Read more
MHE Will Become One of The Biggest Industries in The Coming Years
Although the average unit load has decreased in size, the process time for handling each unit has been reduced by at least 100 times compared to 10 years ago.Read more
SME to host webinar on how to make India a global manufacturing powerhouse
The virtual panel discussion, "Can India Build Global Manufacturing Capabilities?", will be held on June 21, 2024 from 3.30 to 5.00 pm and will present ways to enhance Indian manufacturers competitiveness for increasing the country's share in the global trade.Read more
“The MHE market in India has already grown and there are hardly any new players coming in.”
In other sectors, industries manage without MHE . Read more