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Forging industry is poised for a good growth
With lot of forging shops shutting down operations in the developed countries and tier 1 companies closing down their in-house forging operations, India has a huge opportunity to capitalise on.Read more
Robotics: A handy tool in India’s manufacturing 2020 mission
By 2020, robotics growth will accelerate the talent race in the world, leaving 35% of robotics-related jobs vacant while the average salary increases by at least 60%.Read more
India must knock manufacturing out of the park
It is never easy to predict the future, but manufacturing has the potential to emerge as one of India’s high-growth sectors in the next few years. The sector grew at a CAGR of 7.32% between FY12 and FY17, and despite a brief period of disruption following the introduction of the Goods and Services Tax (GST) in July, is rapidly recovering.Read more
Construction equipment industry supporting India’s growth story
The Indian construction equipment market is expected to grow to $5 billion by 2020. According to V G Sakthikumar, the need of the hour for the industry is to think proactively, followed by surefooted action to meet the growing demands of the future - as India marches ahead to become a major manufacturing power to reckon with in 2020.Read more
Reliable Hydraulics accessorial solutions
New HCX-PT and HCV-E column level indicators offered by Elesa+Ganter as components dedicated to hydraulics.Read more
Fortum ropes in Clean Motion for EV charging solutions in India
Two companies will jointly develop battery swap system for light electric vehicles. They aim to complete the pilot during Q4 '18Read more
NITI Aayog partners ABB to make India AI-ready
Two sides will make key sectors of Indian economy ready for a digitalised future and realise the potential of AI, IoT, big data and connectivity.Read more
Chief of the Air Staff to visit Isreal
Air Chief Marshal Birender Singh Dhanoa, PVSM, AVSM, YSM, VM, ADC, Chief of the Air Staff, Indian Air Force, is embarking on a four day visit to the State of Israel from 21st to 24th May 18, to attend a conference themed ‘Air Superiority as a Bridge to Regional Stability’.Read more
Government to improve working and living conditions of unorganised workforce
Minister of State for Labour and Employment (Independent Charge), Santosh Kumar Gangwar, said recently that the government was working on a policy to improve the working and living conditions of the 400 million labour force in the unorganised sector.Read more
Foreign companies must invest in India's growing Technical Textile: Anant Kumar Singh
Secretary, Ministry of Textiles, Anant Kumar Singh said that the current Indian Technical Textile sector has to develop a lot and this can be done only by more and more Indian and foreign companies investing in this sector.Read more