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India set to capture 8-10% of CDMO outsourcing by 2033: McKinsey Report
The global CDMO market, currently valued at $224 billion, is forecasted to reach $465 billion by 2032, McKinsey’s analysis revealed.Read more
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By 2030, sales to original equipment manufacturers (OEMs) could grow to $89 billion, while exports may soar to $100 billion, representing a CAGR of 30%.Read more
Danfoss plans Rs 500 Crore Investment in India for localization, expansion
The company, which helps its customers to decarbonise their businesses, has identified 4-5 areas for localisation in order to take advantage of opportunities in the energy transition spaceRead more
ACG's Pithampur facility joins Global Lighthouse Network by WEF
The GLN, initiated by WEF in collaboration with McKinsey & Company, is a community of manufacturers demonstrating leadership in leveraging Fourth Industrial Revolution technologies to revolutionise factories.Read more
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The automotive industry is facing several challenges as it moves towards a future of autonomous driving. Advanced technologies, such as virtualisation, and automotive OS, can help to address these challenges and pave the path to a safer future of mobility, says Kollu Nandakumar.Read more
Liquidity risk would also need urgent attention: McKinsey
Covid-19 has triggered a deep economic crisis globally. The global economic impact could be broader than any that we have seen since the Great Depression, observes McKinsey & Company in a report.Read more
Top Winning Strategies for Manufacturing Sector
According to the World Economic Forum (WEF), India's manufacturing sector has grown by over seven percent annually on average in the past three decades and accounts for 16-20 per cent of India's GDP at present. Read more