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Global disruptions offer chance to enhance defence manufacturing capabilities
The CDS called for collaboration among the services, defence industries, and scientists, including academia, to further the nation’s self-reliance objectives. Read more
Dixon advances joint venture talks with several electronics component firms
The initiative aligns with the government’s efforts to incentivise domestic manufacturing across 12-15 component categories to enhance local value addition.Read more
India needs to strengthen ammunition sector to become defence manufacturing hub
In 2023, the global ammunition market was valued at approximately Rs 1.293 trillion, with heavy-calibre ammunition making up 53.48% of the demand. Read more
Axitec unveils 300 MW solar module manufacturing plant in Tiruvallur, Tamil Nadu
This expansion is part of Axitec’s ongoing efforts to meet growing market demands and enhance its ability to deliver high-quality solar solutions swiftly. Read more
IIM Sirmaur launches PG programme in leadership for smart manufacturing
Developed in collaboration with RWTH Aachen University in Germany, this programme aims to prepare senior professionals to excel in the era of Industry 4.0.Read more
No PLI proposals for shipping container manufacturing; GOI
The PLI scheme, which was introduced in 2021, supports 14 sectors, including telecommunications, textiles, medical devices, automobiles, and more, with a total budget of Rs 1.97 trillion.Read more
Tyre manufacturer Continental might spin off automotive-electronics division
The potential move is aimed at enhancing flexibility and allowing the company to adapt more effectively to dynamic market conditions and the evolving software-driven technology landscape.Read more
Bangladesh crisis causes major losses to Indian auto manufacturers
Data from the Ministry of Commerce and Industry shows that Indian two-wheeler exports to Bangladesh were 3.6% by value in FY24, down from 3.69% in FY23 and 3.72% in FY22.Read more
India's composite PMI falls to 60.7; depicts healthy economy
While global manufacturing faces headwinds, India’s economic sectors, particularly manufacturing and services, continue to demonstrate significant growth and resilience.Read more
Hyundai Transys enhances quality control with proprietary AI technology
Hyundai Transys is also leveraging AI for worker safety and environmental monitoring. Read more