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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

GOI identifies 300 laws for potential decriminalisation to boost business

The minister noted that the Production-Linked Incentive (PLI) schemes launched in 2020, with an outlay of Rs 1.97 trillion, have been a significant driver for 14 sectors, particularly electronics and pharmaceuticals.Read more

Bright future for manufacturing as ‘Make in India’ marks 10 years: Piyush Goyal

Other sectors like steel, cement, and textiles have seen massive investments, contributing to the overall growth of India’s manufacturing capacity.Read more

India’s Top 100 Engineering Companies

Despite a slowdown in some of the major global markets amid geo-political tensions, India's engineering exports edged up to $ 109 billion in 2023-24 (2.13 per cent more than $ 107.04 billion in 2022-23). In this edition, Smart Manufacturing & Enterprises (SME) presents India's Top 100 Engineering Companies who have out-performed their peers in FY24 and have emerged as the winners in 2024 list.Read more

Noida facility to drive 'Make in India' for global markets, says JB Park

These centres are at the cutting edge of AI and product innovation, contributing to numerous patents and driving technological advancements both in India and globally.Read more

Cooper Corp sees big opportunities in aerospace & defence sector: Farrokh Cooper

In this interaction with Rakesh Rao, Farrokh Cooper, CMD of Cooper Corporation Pvt Ltd, highlights challenges and opportunities before the Indian manufacturing sector, and the company's plans to tap emerging trends in the industryRead more

Decathlon invests Rs 9.3 billion to boost local manufacturing in India

Currently, around 8% of Decathlon's global product range—including all cricket bats, accessories, and most hockey equipment—is produced in India. Read more

India to continue reliance on Chinese parts amid domestic manufacturing push

Imports of personal computers, laptops, and tablets decreased by 3.4% in 2023-24 to $8.4 billion, but China still accounts for about 60% of these imports. Read more

Taiwan firms aim to power India's automation future

At the Taiwan Excellence pavilion in Automation Expo 2024, 17 leading Taiwanese brands in the field of machinery, automation, equipment & components, industrial PC, and IOT devices showcased their latest advancements in factory automation. Read more

Rangarajan alerts against inefficient ‘Import substitution’ in Atmanirbhar boost

India aims for an average annual real growth rate of 6-7% to achieve a per capita income exceeding $13,000 by 2024. Read more

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