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PLI Scheme spurs 500,000 jobs in mobile industry: Minister
Speaking at the inauguration of Padget Electronics' Rs 256 crore smartphone manufacturing facility in Noida, Uttar Pradesh, Ashwini Vaishnaw expressed confidence in the development of the electronic components ecosystem.Read more
Tata Advanced Systems, Satellogic forge partnership for satellite development
This integrated approach aims to generate a diverse array of data covering India.Read more
Indian Railways expands Kavach deployment rights, eyes LTE upgrade
This homegrown open-source technology mandates interested companies to develop their systems in accordance with specifications outlined by Indian Railways, as per the minister Ashwani Vaishnaw.Read more
JSW Group enters JV with SAIC Motor for EV manufacturing in India
The newly established entity, in which JSW Group will hold a 35% stake. The remaining ownership distribution is yet to be finalised.Read more
Socomec energises Asia-Pacific with innovative 'Make in India' ups solution
Socomec has established robust manufacturing capabilities, creating employment opportunities while maintaining global quality standards.Read more
NIFCO invests Rs 288 cr in automotive plastic components plant in Karnataka
The company intends to create job opportunities for approximately 400 individuals, with 65% of them being women. The project is slated to be completed over a span of five years, commencing from 2023-24.Read more
PLI scheme: Need for a course correction
The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more
Siemens to invest Rs 416 crore for expanding manufacturing capacity in India
The company will expand manufacturing capacity of power transformers and vacuum interrupters for medium voltage switchgear. Siemens Ltd has also registered 21% increase in revenue and 53% increase in PAT in FY 2023 (October 2022 to September 2023).Read more
Future of manufacturing: Robotics reshaping the assembly line
Indian manufacturing sector has advanced considerably with increasing adoption of automation and robotics. The increasing applications of robotic devices and systems necessitate a diverse set of knowledge and skills among robotics professionals, writes Sumit Kumar.Read more
Why automation is key for India's $1 trn manufacturing economy?
Manufacturing sector, which contributes approximately 16 per cent to India's GDP, aims to reach $1 trillion by elevating its contribution substantially to around 25 per cent. In this article, Rakesh Rao explains why digital manufacturing will be the key to achieve this goal.Read more