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Capital-intensive industries drive employment growth in India: Goldman Sachs
India’s manufacturing transformation is being fuelled by reforms, including the Production-Linked Incentive (PLI) schemes, which have played a pivotal role in increasing domestic production, fostering technological progress, and drawing both foreign and local investments. Read more
Six industries drive over half of India’s formal manufacturing GVA: NSO
In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.Read more
Senvion India to double manufacturing capacity by 2026
Recently, Senvion India introduced a 4.2 MW wind turbine, marking the first 4 MW turbine designed in collaboration with RE Technologies, a German R&D firm with which it holds an exclusive licensing agreement. Read more
Aequs Infra unveils south India’s first FMCG manufacturing ecosystem
Aequs Infra is excited about the potential of the FMCG Ecosystem considering manufacturers in a radius of 400 kilometres of its location account for more than 35% of the market share in India.Read more
RAHSTA Expo 2024 concludes to a grand success
Smart Manufacturing & Enterprises (SME) and Equipment India (EI) host construction equipment (CE) industry leaders to discuss the future of CE industry. The 10th India Construction Festival (ICF) 2024 awards over 75 companies from infrastructure industry. Read more
AI models could be biased in algorithm design: Vandana Iyer
In conversation with Sanskriti Ramachandran, Vandana Iyer, Research Director-TechVision, Frost & Sullivan, talks about the extensive use of AI and automation in the pharmaceutical industry.Read more
Syrma SGS opens its largest electronics manufacturing facility in Pune
This new campus will strengthen the company's Printed Circuit Board (PCB) assembly capabilities and will primarily serve the growing domestic demand for PCBAs, especially in the automotive and industrial sectors.Read more
RHI Magnesita is spearheading adaption of Industry 4.0: Parmod Sagar
In this interview with Rakesh Rao, Parmod Sagar, MD & CEO, RHI Magnesita India, explains the importance of refractories for the growth of India's economy and manufacturing sector.Read more
India’s solar equipment imports may reach $30 billion by 2030
Currently, around 90% of India’s solar manufacturing is limited to assembling modules from imported cells, with only 15% local value addition.Read more
Bharat Forge to acquire AAM India Manufacturing for Rs 5.44 billion
The acquisition is subject to approval from the Competition Commission of India (CCI) and other customary closing conditions. Read more