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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
CIL phasing out imports for boosting domestic mining equipment manufacturing
Current imports, which encompass electric rope shovels, hydraulic shovels, dumpers, and more, have incurred an additional Rs 1,000 crore in customs duty over the past five years.Read more
Govt mulls Rs 12,000 cr incentive for domestic mining equipment manufacturing
A high-level committee, led by the director (technical) of Coal India (CIL), has proposed a five-year incentive program to stimulate domestic manufacturing.Read more
Ministry of Heavy Industries champions localisation for global manufacturing hub
The Union Minister underscored the pivotal role of high-quality and advanced localisation in positioning India as a prominent global supplier.Read more
Tega Industries acquires McNally Sayaji, expands into capital equipment manufacturing
The newly merged entity, Tega McNally Minerals, will expand its offerings to provide a comprehensive range of solutions for the global mining market.Read more
Toyota expands manufacturing in Karnataka with Rs 3,300 cr investment
This new facility, boasting a capacity of 100,000 units, will be situated approximately 35km from Bengaluru and has the potential to generate employment opportunities for up to 2,000 individuals.Read more