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Need to increase India’s manufacturing competitiveness: Alok Kirloskar
Alok Kirloskar, Director of Kirloskar Brothers Limited (KBL), expects the Budget 2021 to focus on fast-tracking initiatives, policy changes and incentive packages that will help enhance the share of manufacturing in the economy.Read more
Ola to use Siemens’ digital solution to build Rs 24 bn EV facility in India
With an initial capacity of 2 million units a year, it will be the largest scooter manufacturing facility in the world. It will serve as Ola’s global manufacturing hub catering to its customers in India as well as key markets across Europe, UK, Latin America and ANZ.Read more
Top 3 trends for Indian manufacturing sector in 2021
With India expected to be among the top three manufacturing destinations before 2025, Masatomo Nishizaki, BU Head – Smart Manufacturing, NEC Corporation India, predicts top three manufacturing trends to watch out for in 2021.Read more
CG Power and Industrial Solutions unveils 7th motor manufacturing facility for Smart LV Motors
The new facility will manufacture Smart Electric Motors from 75 kW to 1000 kW.Read more
Continental to expand truck tyre manufacturing capacity at Modipuram plant
The expansion will include an increased product range for 20†and 22.5†truck tyres. The plant will see consistent growth with the fourth planned expansion in the truck tyres production facility to cater to domestic and export marketsRead more
IESA lauds new PLI Scheme allocating Rs 18, 100 cr for Advanced Chemistry Cell
IESA has been actively working in this space for the past three years, collating information from industry players (IESA member companies) and submitting inputs on the discussion for Advanced Battery Manufacturing in India.Read more
L&T delivers critical part of rocket booster S-200 for ISRO’s Gaganyaan Mission
Larsen & Toubro (L&T) has delivered the first hardware, a booster segment, for Gaganyaan Launch Vehicle to Indian Space Research Organisation (ISRO). The critical booster segment was produced at L&T’s Powai Aerospace Manufacturing Facility.Read more
How will 5G improve industrial automation?
As part of Industry 4.0, more automated systems are relying on the IoT than ever. Since 5G will bring network improvements, it will improve the IoT and consequently improve automation, says Megan Ray Nichols.Read more
Syrma Technology and SGS Tekniks merge to create Rs 10 bn electronics firm
The merged entity - named Syrma SGS Technologies Pvt Ltd - will become one of the leading companies in electronic manufacturing services (EMS) field having eight manufacturing facilities in India.Read more
October exports show degrowth of 5.4 per cent due to supply challenges: FIEO
FIEO also observed that the current industry is also showing signs of revival as both order booking position and Manufacturing PMI have risen.Read more