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SMEV urges unified road tax exemption policy for EVs nationwide
In a letter addressed to the Union Minister of Road Transport and Highways, Nitin Gadkari, SMEV emphasised the critical need for a stable and supportive policy environment to expedite the transition towards electric mobility in India.Read more
Indian auto component exports at risk amid UAW Strike in the US
Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.Read more
Service is the new growth engine for industrial manufacturers: KPMG report
KPMG International report - titled ‘The future of smart industrials’ - discusses the challenges manufacturers are experiencing with their current efforts and the capabilities that are needed for success, among other key insights on the sector.Read more
Olectra Greentech doubles electric bus production, eyes 9,000 orders
Olectra Greentech aims to broaden its product portfolio by venturing into the manufacturing of electric tippers.Read more
PMI Electro Mobility seeks Rs 250 Cr funding for production expansion
The company, currently in the process of establishing a new manufacturing facility in Pune, anticipates making an estimated investment of around Rs 150 crore to facilitate the expansion.Read more
Increased electric power generation solutions demand rises Perkins® 4000 series sales
India is now the second largest consumer of Perkins® 4000 Series engines in the world, due to the rapid rise in standby and prime electric power generation solutions for data centres and the growing infrastructure development projects underway across the country.Read more
Titagarh Rail Systems to manufacture gauge cars for Ahmedabad Metro
Gujarat Metro Rail Corporation (GMRC) is overseeing the implementation of the Ahmedabad Metro Rail Phase-II endeavour, which carries a budget of Rs 135 billion. Read more
EMO to highlight India’s promising business opportunities
India Opportunities” conference – during EMO Hannover 2023 on September 20 – will highlight the enormous opportunities offered by India and to pave the way for business partnerships.Read more
Tube & Pipe Fair gets launch at 5th edition of Cable & Wire Fair in October 2023
Tulip 3P Media is all set to organise bi-annual B2B exhibition Cable & Wire Fair, 2023 at Pragati Maidan, New Delhi in the first week of October. The international B2B exhibition, Tube & Pipe Fair, will assist the global tubes and pipes industry in harnessing the benefitsRead more
India has moved up with two spots in machine tool production worldwide
Indian Machine Tool Manufacturers' Association (IMTMA) is the apex industry body for the machine tool sector in India. Rajendra S Rajamane, Vice President, IMTMA in this interview talks about the production growth and export achievements of Indian Machine tool industry. Indian machine tool production has reached around Rs 11,956 crore in FY23, he mentioned during the interview.Read more
