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Challenges before Indian manufacturing sector in the next 25 years
In the Independence Day speech, PM Narendra Modi explained his idea of a new India by 2047. This is a sufficiently long term for transforming a country. R Jayaraman explains how the manufacturing industry in India can contribute to this ‘revolution’.Read more
Siemens launches open digital business platform Xcelerator in India
Siemens Xcelerator is an open and evolving digital business ecosystem that comprises a comprehensive, curated portfolio that includes digital and Internet of Things (IoT)-enabled offerings (software, hardware and digital services) from Siemens and certified third parties.Read more
SIIMC 2022 to bring together the best from India’s mobility ecosystem
SAEINDIA International Mobility Conference (SIIMC 2022) will see industry talks, and product and service innovations shaping the future of the sustainable multi-modal mobility ecosystem. SIIMC 2022 conference will be held from October 12-14 in Bengaluru.Read more
India can save Rs 3 trn by developing indigenous gas turbine engines
There are many inadequacies and challenges in developing indigenous aero gas turbine engines. If successful, it will be the biggest push to the Atmanirbhata campaign, saving the Ministry of Defence foreign exchange outflow of Rs 3 trillion in any block of 20 years, says Insighteon Consulting. Read more
"LAPP India aims to become an Rs 1,700 crore firm in next 5 years"
LAPP is known to be the pioneer in power and control cables manufacturing in India. The brand ÖLFLEX is synonymous with power and control cables. LAPP is also a market leader in cable and connection solutions for end-to-end industrial products across a range of industries such as F&B, oil and gas, automation, textiles and machine tools.Read more
"Sustainability has become centre-stage"
SKF - a leader in the bearing business - offers solutions that reduce friction and CO2 emissions while increasing machine uptime and performance. In the first quarter of FY 2022-23, SKF India delivered solid results with revenue increasing by 52% and profit before tax increasing by 66% year-over-year. Read more
India's auto component market up 23% in 2021-22
Indian automotive component industry registered a turnover of Rs 4.20 lakh crore ($ 56.5 billion) in FY 2021-22, registering a growth of 23% over the previous year, according to the findings of Automotive Component Manufacturers Association of India (ACMA). Read more
Rising input cost posing challenge to forging industry
The first half of the year was the most difficult for most forging companies, particularly those in the small and medium segment (SMEs), which are expected to witness a 50% decline in production in FY23, writes Association of Indian Forging Industry (AIFI). Read more
"EMAG India will grow +20% YOY in 2022"
With global manufacturing industry witnessing tectonic shift towards India, companies (MNCs as well domestic) are looking to scale up their production in the country. EMAG, which provides end-to-end manufacturing solutions to various industries including automation, can be a dependable partner for these companies – especially who are looking for manufacturing precision metal parts (in large volumes with minimal human intervention). Read more
Daikin to build Rs 500-cr R&D centre in India
Daikin India – the local arm of Japanese electronics company Daikin - has invested Rs 500 crore to build its third research and development (R&D) centre in India. The facility, located in Neemrama, Rajasthan, will be operational from 2023. Read more