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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

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