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Danfoss India is looking for 90% localisation for its products

Danish multinational, Danfoss completed its 25 years in India. In this interview with Pratap Padode, Founder & Editor-in-Chief of Asapp Info Global Group (the publisher of Industrial Products Finder magazine), Ravichandran Purushothaman, President, Danfoss India, shares the company’s future plans and importance of BOCK acquisition for the company. Read more

Indian manufacturing at the crossroads: Global or local?

Indian manufacturing is trying to rediscover itself. The slogans that have been driving this trend are ‘Make in India’, ‘India as a Global Manufacturing Hub’, ‘China Plus India’ policies of many importing countries, etc. The next five to ten years will see the rise of the manufacturing industry in India, says R Jayaraman.Read more

Danfoss India to focus on localization as it aims for Rs 5,000 cr turnover

To support the digital transformation in the country, the company has added over 1,400 engineers and invested over $300 million in India to capitalise on the rising green opportunities.Read more

Govt adds 101 items to list of defence equipment to be procured locally

As per preliminary estimates, more than Rs 175,000 crore worth orders would be placed on Indian industry in the next 5-10 years. Fourth Positive Indigenisation List, released during Def Expo 2022, includes 101 defence items such as highly complex systems, sensors, weapons, ammunitions, etc.Read more

Indo-Built aiding India’s economic growth with novel storage solutions

The brand has a strong hold in almost all manufacturing sectors, retail, e-commerce and outsourced warehousing for their material handling applications since the last 35 years.Read more

BorgWarner CEO Safety Award Chennai

BorgWarner's Chennai plant completes 1 mn accident-free working hoursRead more

Atmanirbhar Bharat Mission to bolster indigenous manufacturing

The adoption of new technology-based solutions is expected to bring the much-needed transformation in the manufacturing sector, thus making the sector a bigger participant in the development of Indian economy. The pandemic has turned the focus towards becoming self-reliant by emphasising on local manufacturing, which, according to Ashish Dhakan, will be the key to India’s survival; thus, giving a major boost to the Indian manufacturing sector.Read more

The vision for a new Indian supply chain

The vision for a new Indian supply chain Read more

Vedanta’s ‘waste to wealth’ projects boost local MSMEs in Odisha & Chhattisgarh

The company supports over a hundred brick manufacturing MSMEs situated around and beyond its areas of operations with fly ash free of cost to their doorsteps, amounting to nearly 5 lakh metric tonnes per annum.Read more

Auto industry: Localisation movement needs government support

While there has been huge pressure on automakers and even component suppliers to manufacture fuel efficient vehicles and additionally meet the new challenges of the changing regulations for ICE vehicles, industry is hoping for a support from the government. On one hand it is developing EV ecosystem and on the other the industry meeting new regulatory challenges that government is imposing based on the Paris Pact. Import bans are another issue for component supplies. This makes it mandatory for IRead more

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