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India’s GDP rises by 7.6% in Q2 FY24, manufacturing, construction led the growth

The growth was much higher than expected, mainly driven by investments and government consumption. However, private consumption growth was muted due to weak rural demand and some moderation in urban demand amid elevated inflationary pressures in Q2.Read more

NIFCO invests Rs 288 cr in automotive plastic components plant in Karnataka

The company intends to create job opportunities for approximately 400 individuals, with 65% of them being women. The project is slated to be completed over a span of five years, commencing from 2023-24.Read more

SMEs should opt for step-by-step implementation of automation, says Smita Gadade

Precise Industrial Solutions technology-driven specialist in the design, manufacture and commissioning of integrated solutions. They are channel partners for Siemens and provide automations and digital solution. Smita Gadade, Director, Precise Industrial Solutions in this interview which Ayushi Khandelwal shares insights on company’s digital solution and significance on its implementations.Read more

Siemens to invest Rs 416 crore for expanding manufacturing capacity in India

The company will expand manufacturing capacity of power transformers and vacuum interrupters for medium voltage switchgear. Siemens Ltd has also registered 21% increase in revenue and 53% increase in PAT in FY 2023 (October 2022 to September 2023).Read more

Future of manufacturing: Robotics reshaping the assembly line

Indian manufacturing sector has advanced considerably with increasing adoption of automation and robotics. The increasing applications of robotic devices and systems necessitate a diverse set of knowledge and skills among robotics professionals, writes Sumit Kumar.Read more

Why automation is key for India's $1 trn manufacturing economy?

Manufacturing sector, which contributes approximately 16 per cent to India's GDP, aims to reach $1 trillion by elevating its contribution substantially to around 25 per cent. In this article, Rakesh Rao explains why digital manufacturing will be the key to achieve this goal.Read more

LTTS’s i-BEMS framework provides sustainable solutions, tells COO Abhishek Sinha

L&T Technology Services (LTTS), the digital engineering and R&D service company, is addressing the needs for smart products, manufacturing, and operations of the companies in India. Abhishek Sinha, COO and Board Member, L&T Technology Services in this interview share company’s latest achievements in the digital manufacturing lead with the inclusion of big data and analytics, robotic process automation and Industry 5.0.Read more

PLI scheme: The way forward

The Rs 2.71 trillion Production-Linked Incentive (PLI) schemes, rolled out to promote the economic development of various sectors, have faced multiple implementation challenges. Bhavesh Thakkar summarises such challenges and also presents the way forward.Read more

Daikin unveils state-of-the-art manufacturing hub in in Sri City, Andhra Pradesh

The newly established plant, sprawling over 75.5 acres, reaffirms Daikin's commitment to excellence and innovation.Read more

Catamaran ventures into precision manufacturing start-ups

The firm aims to invest in companies involved in deep tech and automobile manufacturing, particularly those capable of exporting products and creating components.Read more

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