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Cyient and Micware sign Mou to deliver innovative mobility solutions

By leveraging Cyient’s engineering excellence and Micware Navigations’ expertise in mobility software, the collaboration will develop integrated solutions that cater to the evolving needs of modern transportation ecosystems.Read more

Seco’s new helical milling cutter delivers three times longer tool life

Seco LN4-11 Helical Milling Cutter provides shops several avenues to cut costs and improve profitability. Its adaptability to a variety of applications enables shops to reduce tooling inventories and costs.Read more

LAPP FY24-25: Slight decline in sales, but strong investments

LAPP Group has not been spared from the weak global economy. Read more

Budget 2025: Energy sector highlights and reactions

The government will incentivise electricity distribution reforms, support intra-state transmission expansion, and offer states an additional 0.5% of their GSDP in borrowing, contingent on implementing these reforms. Read more

Budget 2025: Manufacturing sector highlights and reactions

The Budget has also introduced a Focus Product Scheme for the footwear and leather industry, aiming to create 2.2 million jobs and generate Rs 4 trillion in turnover. Read more

Budget 2025: Auto industry highlights and reactions

MSMEs in the auto supply chain will benefit from easier credit access, enabling component manufacturers and dealerships to scale operations and invest in new technology. Read more

Budget aims to integrate India with global supply chains, boost manufacturing

Through the budget, the Union Government will support the domestic electronic equipment industry to leverage the opportunity of Industry 4.0. National framework for states to be formulated for promoting global capability centres in emerging tier 2 cities.Read more

Budget launches National Manufacturing Mission, revises MSMEs classifications

To boost exports, an Export Promotion Mission will be established with sector-specific and ministerial targets, says budget 2025-26.Read more

Budget 2025 aims to boost economy by propping up consumption, rejigs duties

FM Nirmala Sitharaman mentions agriculture, MSMEs, investments and exports as four crucial engines to propel the country's growth.Read more

Economic Survey expects India’s industrial sector to grow by 6.2% in FY25

Consumer-focused sectors like automobiles, electronics, and pharmaceuticals have emerged as growth drivers. Domestic production of electronic goods shows remarkable growth of CAGR of 17.5 per cent from FY15 to FY24.Read more

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