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For Sugatsune, India is a canvas of possibilities: Anil Rana

In this interview with Rakesh Rao, Anil Rana, MD, Sugatsune India, explains how the company wants to become a trusted partner for Indian industries by deepening collaborations and expanding local capabilities.Read more

India is a key pillar in BorgWarner’s global growth strategy: C Krishnamurthy

In this interview, Chandrasekar Krishnamurthy, Global Director of Product Management at BorgWarner, discusses the company’s expanding footprint in India and its pivotal role in the nation’s electric vehicle (EV) transformationRead more

Danfoss India plans to accelerate localisation of HVACR compressors and controls

The decision to invest in ramping up local manufacturing capabilities in India will help minimise the company’s dependency on imports for the Indian market.Read more

MCE component localisation levels to rise 70% in 5-7 years; ICRA

The Indian mining and construction equipment (MCE) industry is the third largest in the world in terms of volumes sold, however, it imports nearly 50% of its component requirement (by value) from suppliers based out of China, Japan, and South Korea, among others.Read more

Danfoss plans Rs 500 Crore Investment in India for localization, expansion

The company, which helps its customers to decarbonise their businesses, has identified 4-5 areas for localisation in order to take advantage of opportunities in the energy transition spaceRead more

Ministry of Heavy Industries champions localisation for global manufacturing hub

The Union Minister underscored the pivotal role of high-quality and advanced localisation in positioning India as a prominent global supplier.Read more

Indian govt considers exempting key EV components from localisation norms

However, this new consideration is met with opposition from local players such as Mahindra & Mahindra and Tata Motors, as well as foreign companies with decades-long operations in India.Read more

India's E-scooter startups struggle amidst localisation challenges

A significant setback has emerged as several of these startups face criticism for importing parts from China instead of sourcing locally.Read more

Asus boosts Make-In-India with key manufacturing shift from China to India

With a market valuation of $15 billion, Asus is aggressively expanding its production operations in India, leveraging the government's PLI scheme.Read more

We took proactive role in supporting customers with localisation initiatives

Lee Spring Company produces and globally distributes mechanical springs, wire forms, stampings, and multi-slide parts. Janardhana Ramaswamaiah, Managing Director, Lee Spring Company in this interview tells that Indian mechanical spring’s market reflects consistent growth, propelled by the expanding industrial and manufacturing sectors.Read more

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