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Why MSMEs want a review of Section 43B(h)?
Section 43B(h) of Income Tax Act - mandating payment to micro and small enterprises (MSEs) within 45 days of supply - was welcomed when announced in Budget 2023-24. However, MSEs are now facing a peculiar problem of losing orders from large firms because of it. Rakesh Rao explores more on this issue and the road ahead.Read more
Esbee Electrotech Banks on Innovation and Sustainability for Grow
In this interaction with Rakesh Rao during Hannover Messe 2024, Vijay Chordiya, Designated Partner, Esbee Electrotech LLP, highlights growth opportunities and importance of sustainability.Read more
Rising digitalisation energising growth for Harting in India
With plans to expand production in India, Harting is all set to actively contribute to the country's digitalisation drive, says Rakesh Rao. Read more
Hannover Messe 2024: Powering Sustainable Manufacturing
At Hannover Messe 2024, 4,000 exhibitors from all over the world presented their innovative, futuristic solutions to more than 130,000 visitors from 150 countries. The event offered a comprehensive picture of technologies that are crucial to drive the agenda of sustainable manufacturing, reports Rakesh RaoRead more
Frank Notz: Festo sees India very positively and continues to invest in it
In this interview with Rakesh Rao during Hannover Messe 2024, Frank Notz, Member of the Management Board - Sales, Festo SE & Co KG, emphasised on the importance of investing in AI, circular economy, hydrogen, etc and also shares Festo’s India plans.Read more
"Dormer Pramet has ambitious growth plans in Asia, with a focus on India"
In this interview with Rakesh Rao, Amit Raina, Country Manager for India, Dormer Pramet (a leading global supplier of metal cutting tools and related services), shares his views on the industry trends and the company’s future plans in India.Read more
“India is aiming for $ 300 bn in engineering goods exports by 2030”
In this interview with Rakesh Rao, Arun Kumar Garodia, Chairman, EEPC India, analyses the performance of India’s engineering goods exports and factors driving the global demand for Indian engineering goods.Read more
Exports account for more than 50% of Sphoorti Machine Tools' turnover
In this interview with Rakesh Rao, R K Purohit, Managing Director, Sphoorti Machine Tools Pvt Ltd, elaborates on advantages offered by India to manufacturers and the company's growth plans.Read more
CEAT excelling manufacturing with IR4 technologies
The company, the only tyre manufacturer in the world to receive Lighthouse certification for its plant, embarked on Industry 4.0 journey in 2020. Here Rakesh Rao explains how CEAT has been able to improve operational efficiencies through digital technologies.Read more
Skilled labour: The missing link
It is paradoxical that inspite of having the world’s largest employable population, Indian manufacturers are struggling to find skill labour. India needs to fix the skill set gap fast, if it wants to become to a $1 trillion manufacturing economy and emerge as the world's manufacturing powerhouse, says Rakesh Rao.Read more
