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Shift to green energy is a huge engineering opportunity for India
In this interview with Rakesh Rao, Ravichandran Purushothaman, President, Danfoss India, elaborates on how Danfoss is supporting India's growth engine with its energy-efficient systems and solutions.Read more
PLI schemes: Making India a global manufacturing hub?
The Production Linked Incentive (PLI) schemes have come at an opportune time when investors are been looking to diversify their manufacturing operations across the globe as part of their China Plus One strategy. The scheme is a testament to the vision of the Government for providing long-term industrial support, writes Bhavesh Thakkar.Read more
At ELECRAMA 2023, APAR will highlight its focus on sustainability
In this conversation with Rakesh Rao, Shashi Amin, CEO, Cables Solutions, APAR Industries Ltd, elaborates on demand trends in the industry and steps taken by the company to propel the cause of sustainabilityRead more
Budget 2023: The manufacturing fine print
Global commodity supply continued to be disrupted due to intensified Russia-Ukraine war and re-emergence of Covid-19 in China. Read more
Industrial sector GVA rose by 3.7% in H1 FY23: Economic Survey 2022-23
The survey says, Industry 4.0 is India’s way forward in achieving the goals of Aatmanirbharta and ambitions of becoming a key player in global value chains. Private final consumption expenditure (PFCE) as a share of GDP in H1 of FY23 was highest among all half years since FY15. Read more
Removal of export duties to strengthen steel sector: Jyotiraditya Scindia
PLI Scheme for specialty steel will result in an investment of close to Rs 46,020 crore and increase in capacity of almost 26 million tonnes, said Union Minister Jyotiraditya Scindia at the Indian Steel Association (ISA) conclave in New Delhi.Read more
Bohmen Industries is focusing on developing new products
From its humble beginning in 1979, Bohmen Industries today offers a wide variety of position switching devices catering to various industries. Post-Covid, the company is seeing a good demand due to a reduction in competition from the unorganised sector as well as a definite aversion for cheap imported alternatives, reveals Abhishek Bohra, Partner, Bohmen Industries.Read more
Is this good news for the Indian auto industry?
It appears that the Indian auto industry has deftly handled the covid related adversities, and has come out a winner. It remains to be seen how this will be continued into the future years, says R Jayaraman.Read more
Govt modifies PLI scheme for semiconductors manufacturing in India
Post changes, the scheme to offer 50% incentives for semiconductor fabs across the technology nodes as well as for compound semiconductors, packaging and other semiconductor facilities.Read more
Govt approves additional Rs 19,500 cr for PLI scheme for solar PV modules
The Government expects the scheme to bring direct investment of around Rs 94,000 crore and help in import substitution of approximately Rs 1.37 trillion.Read more