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Govt set to extend 15% tax rate for new manufacturing units until 2025
This potential announcement is anticipated in the upcoming Interim Budget on February 1, with the aim of stimulating the manufacturing sector, attracting fresh investments, and simplifying compliance procedures.Read more
Delta Electronics, Ceres Power join forces to advance hydrogen energy solutions
As part of the agreement, Delta will gain access to Ceres' Hydrogen energy stack technology portfolio through technology transfer and licensing, involving an investment of approximately GBP43 million.Read more
India's electronics exports soar over 22%, fuelled by iPhone Surge and Production Incentives
Between April and December 2023, mobile phone exports constituted 52% of the total electronics exports, reaching $10.5 billion.Read more
Mitsubishi Electric boosts AI-Driven manufacturing with strategic stake in HACARUS
The collaboration will harness HACARUS' AI expertise to reinforce Mitsubishi Electric's efforts in creating integrated, automated AI-based visual inspection solutions.Read more
IMTEX Forming 2024 gets enthusiastic response from the manufacturing community
The Indian machine tool industry needs to produce high-precision machines and meet the current demand of producing sophisticated parts in various metals like titanium and others, said C K Venkataraman, MD, Titan Company Ltd.Read more
Schaeffler is committed to achieving its carbon neutrality target by 2040
In this interview with Rakesh Rao, Seshan Iyer, President - Industrial Business, Schaeffler India Ltd, explains the importance of green engineering & manufacturing practices for India to gain competitive edge in the global marketplace.Read more
SKF enables its customers to move towards a circular economy
In this interview with Rakesh Rao, Manish Bhatnagar, MD, SKF India Ltd, elaborates on the criticality of sustainability in bringing about positive changes in the economy, ecology and society.Read more
At Dana, sustainability is a guiding vision and not just a goal
In this interview with Rakesh Rao, Gajanan Gandhe, Country Head and Vice President of Dana India, explains how the auto component manufacturer is helping auto makers in achieving their Net Zero goals.Read more
Manufacturing sector is experiencing a significant paradigm shift
In this interview with Rakesh Rao, Ravichandran Purushothaman, President, Danfoss India, highlights on various initiatives taken by Danfoss to promote sustainability and to help its customers achieve their Net Zero emission goals.Read more
R&D emerges as a cornerstone in the pursuit of green goals
In this interview, Shubhankar Chatterji, Chief Supply Chain Officer, Cummins India, explains the importance of green manufacturing practices for India to gain a competitive advantage in the global marketplaceRead more