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Asia's export powerhouses face manufacturing slump amidst weak demand
According to manufacturing purchasing managers' surveys released by S&P Global and au Jibun Bank, factories in North Asia witnessed declines in new orders, production, and export sales.Read more
Factories of the Future
According to the recently released “State of Smart Manufacturing” report by Rockwell Automation, India has the highest number of manufacturing organisations investing in technology. The study surveyed more than 1,350 manufacturers across 13 leading manufacturing countries including India, China, Germany, Japan, the US, and the UK.Read more
“India is a global powerhouse in process equipment industryâ€Â
Recently, Godrej Process Equipment (GPE) acquired 100 year old Yuba and Ecolaire brands from SPX Heat Transfer significantly augmenting its engineering capability to serve power sector customers.Read more
Manufacturing 2020: A smart fusion of digital & industrial world
Industry 4.0 can be considered as a ‘Fusion of online world and the world of industrial production’. By adopting Industry 4.0, Niteen Inamdar believes that India can acheive operational excellence and become a global manufacturing powerhouse by 2020.Read more
SMEs are the foundation on which industry is built
New opportunities are expected to be unleashed with the government aiming to increase the share of manufacturing in GDP from currently 15% to 25% in a five-year timeframe.Read more
