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Budget is a mixture of incremental and path breaking steps: IEEMA
With plans to give further impetus to infrastructure sector, the budget 2019-20 is expected to give a boost to the electrical equipment industryRead more
Budget 2019 is significant for India’s machine tools industry: IMTMA
It is a positive step towards development of MSME sector and aims to position India as an elite manufacturing hub, says Indian Machine Tool Manufacturers' Association (IMTMA)Read more
Budget 2019-20 proposes PPP model for faster development of railways
It is estimated that Rs 50 lakh crores will be needed for railway infrastructure between 2018 and 2030, while capex outlays of Indian Railways are around 1.5 to 1.6 lakh crores per annumRead more
Budget announces changes in customs duty for some products
Import of defence equipment, currently not manufactured in India, are being exempted from the basic customs duty, said Finance Minister Nirmala SitharamanRead more
Budget 2019-20 allocates Rs 350 cr under Interest Subvention Scheme for MSMEs
To provide domestic industry a level playing field, basic customs duty has been increased on items such as PVC, metal fitting, auto parts, optical fibre cable, CCTV camera, IP camera, etcRead more
IEEMA expects measures to boost electrical equipment industry growth in budget
The apex association has recommended favourable tax structure to reduce manufacturing cost, zero basic customs duty on imports of CRGO Steel and amorphous alloy ribbon, etc.Read more
Kemppi India offers tough and reliable X3 MIG Welder
X3 MIG Welder is a tough and reliable inverter-based MIG/MAG welding machine from Kemppi, the Finnish manufacturer of quality welding equipment. Kemppi’s IGBT inverter technology reduces energy costs and brings profitability. It delivers outstanding arc stability and weld quality with a gain in productivity by bringing down spatter levels which write off the post weld grinding operationRead more
Lodha and ESR JV to develop state-of-the-art Industrial Park in Palava City
ESR-Lodha Industrial Park at Palava City will be developed in three phases, with completion expected in 30-36 months.Read more
Auto part makers bank on robots for enhancing efficiency
Automotive industry has been an early adopter of robotics for application such as welding, painting, glue dispensing, etc.Read more
Total CNC milling solution at a highly affordable price
We live in a world which constantly keeps updating itself. New models of phones and cars hit the market frequently. Nothing lasts forever. Batch production size keeps shrinking, causing the demand for custom-built SPMS also to shrink.Read more