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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

Top 3 trends for Indian manufacturing sector in 2021

With India expected to be among the top three manufacturing destinations before 2025, Masatomo Nishizaki, BU Head – Smart Manufacturing, NEC Corporation India, predicts top three manufacturing trends to watch out for in 2021.Read more

Danish firm Danfoss expands production in India, to increase localisation

Since the company began its independent operations in India, Danfoss India has quadrupled its localisation efforts in terms of production and supply chain capabilities and plans to take up the localisation level to 90 per cent by 2022.Read more

Reconsider Haryana’s rule of 75% reservation for locals in pvt sector: ACMA

The Automotive Component Manufacturers Association of India (ACMA) believes that such a move would not only adversely impact the ‘ease of doing business’ in the state, but also be detrimental to Haryana’s image of an industry friendly state and in attracting future investments.Read more

Continental goes local and expands production capacities in Brazil for air spring systems

With local manufacturing approach, this expansion aims to strengthen company’s presence in the Brazilian market.Read more

Schaeffler India launches locally made FAG SNV housings range

Leading industrial and automotive supplier, Schaeffler India Ltd (formerly FAG Bearings India Ltd) has launched its new range of FAG SNV Housings. SNV Housings are the new split plummer block housings which are quick to mount and easy to lubricate. Schaeffler India launched SNV Housings with an aim to provide similar German quality products manufactured locally. Read more

DIPP seeks industry inputs to increase local content in govt procurement

FICCI to submit the list of products that industry supplies to Government/PSUs along with the major raw materials/inputs/components/sub-assemblies of each of these supplied products Read more

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