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PLI scheme: Need for a course correction

The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more

GBA will facilitate access to technology, policy interventions in global south

…opines Dr Pramod Chaudhari, Executive Chairman, Praj Industries in this interview on the declaration of Global Biofuel Alliance at G20 Summit 2023.Read more

India's largest cellulose plant by Nitika Pharma to open

On September 16, 2023, Nitika Pharmaceuticals Specialties is poised to introduce India's most extensive Microcrystalline Cellulose manufacturing facility.Read more

FDI in manufacturing increases by 76% due to PLI Schemes

PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.Read more

Production Linked Incentive: Boon for the Medical Devices Industry in India

India is the fourth largest medical device market in Asia. The Production Linked Incentives Scheme (PLI) Scheme for Medical Devices manufacturing proposes a financial incentive to boost domestic manufacturing boosting ‘Atma Nirbhar’ Bharat mission.Read more

Rising hygiene need drives demand for sanitary pumps

APAC region (driven by food and beverage industry) is expected to witness high growth in demand for sanitary pumps due to its large population and increasing urbanisation, says Technavio report.Read more

Avcon Controls aims to be among top 5 valve manufacturers

Fifty-four-year-old Avcon Controls has been producing automated valves for process control. In this interview, Manisha Dabholkar, Joint Managing Director, Avcon Controls, sheds light on changes taking place in industries, use of AI and IoT in manufacturing and Avcon’s strategy to align with the government's goal to make India a $5 trillion economy.Read more

Making it smartly in India

India’s manufacturing has been taking a steady stride towards Industry 4.0 in the last few years. As per NASSCOM study report, Industry 4.0 is at an inflection point in Indian manufacturing, with more than two-thirds of Indian manufacturers embracing the digital transformation by 2025Read more

Scaling up MSME exports

With all the policy stimulus and rapidly changing geo-political scenario, the share of MSMEs in India's export kitty is expected to scale up manifold in the coming years.Read more

India’s $1-trillion manufacturing export opportunity

India is on the cusp of structural shifts in the manufacturing sector. Driven by growth in priority sectors and propelled by favourable megatrends in manufacturing, India is expected to scale up its manufacturing exports to $1 trillion by FY28, says a Bain & Company report.Read more

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