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Q-Line Biotech boosts healthcare manufacturing in UP with Rs 500 cr investment
The inauguration of the facility is slated to be proposed during the upcoming Ground Breaking Ceremony, with a formal invitation extended to the Chief Minister.Read more
Oakter secures approval in PLI 2.0, paving way for high-tech manufacturing
Oakter is currently underway with the development of an indigenous tablet within the PLI framework, with plans to commence manufacturing within the next 90 days.Read more
Intel, Siemens forge 3-year partnership for advanced chip manufacturing efficiency
Intel is undergoing a multi-billion-dollar transformation in its manufacturing operations, which includes a shift to cutting-edge chip technology known as extreme ultraviolet (EUV) lithography.Read more
India aims for 40% local value addition in phone manufacturing to boost global competitiveness
S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), outlined this goal during the Global Tech Summit 2023 organised by Carnegie on December 5.Read more
JSW Group enters JV with SAIC Motor for EV manufacturing in India
The newly established entity, in which JSW Group will hold a 35% stake. The remaining ownership distribution is yet to be finalised.Read more
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