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On a fast-track growth
On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more
India-Malaysia to strengthen cooperation in digitalisation, defense and AI
Currently, there are around 185,000 Indian nationals in Malaysia, including both skilled and unskilled workers. Read more
India is redefining its defence manufacturing identity
This trend underscores India’s strengthening role in the global manufacturing landscape, with the defence sector playing a pivotal role.Read more
Focus on incremental reforms
According to a recent report of DSP Mutual Fund, the manufacturing sector's contribution to India's GDP is anticipated to rise from 14 per cent in FY24 to 21 per cent by FY34, bolstered by lower logistics costs and improved infrastructure. Read more
Manufacturing Agenda for Modi 3.0
As Prime Minister Narendra Modi assumes office for the third term, his immediate priority will be to step up GDP growth and job creation. While the coalition government may not be able to take progressive reforms, the industry expects continuity in the policy process, says Rakesh Rao. But, will it be enough to change the manufacturing sector’s fortunes?Read more
Indian Warehousing developers rush for land amid shift from China
Businesses in India have traditionally relied on dingy, stuffy low-rise sheds known as godowns for their storage needs, but these are unsuited to the needs of foreign industrial giants whose investment Prime Minister Narendra Modi wants to lureRead more
Danfoss India equips leading IIM Campuses with advanced VFD
By installing their energy-efficient technologies at the respective premier campuses, Danfoss is facilitating energy efficiency, greater machine productivity, reduced emissions, lower energy consumption, empowering electrification, and supporting sustainable growthRead more
Hitachi Hi-Rel makes impactful presence at India Energy Week 2024
At the recently concluded India Energy Week 2024 exhibition in Goa, Hitachi Hi-Rel Power Electronics Pvt Ltd made a significant impact, garnered enthusiastic engagement from a diverse audience, including representatives from various sectors both within India and internationally.Read more
PM reviews India's first indigenous alkaline electrolyser by BPCL
Developed collaboratively by BPCL and the Bhabha Atomic Research Centre (BARC), the prototype was showcased to the Prime Minister by G Krishnakumar, C&MD of BPCL.Read more
Indian Oil Corp, Panasonic forge partnership for Li-ion battery manufacturing
The Indian government has taken steps to promote battery manufacturing by approving the PLI Scheme 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage,' with a budgetary outlay of Rs 18,100 crore.Read more