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Pro-faceo is revolutionising the concept of HMI with Futuristic Products

Pro-face is a pioneer in Human-Machine Interfaces (HMI) Technology providing a range of cutting-edge products bridging the gap between Humans and Machines. It was founded in 1972 in Japan as a subsidiary of Digital Electronics Corporation.Read more

Exporters call for enhanced benefits and expansion of RoDTEP Scheme

The Federation of Indian Export Organisations (FIEO), representing exporters, highlights disparities in refund rates. For instance, while aluminum bars and rods receive a RoDTEP refund rate of 2.2%, their value-added counterparts only get 1.2%.Read more

United Grinding Group announces partnership with Transaction-Network at EMO Hannover

The slogan of the United Grinding Group was also its motto at this year's EMO Hannover: ‘UNITED FOR YOUR SUCCESS’. The group celebrated its 30th anniversary and announced its partnership with Transaction-Network. It also presented three product innovations in grinding and measuring technology on 1,000 sq m at EMO Hannover 2023.Read more

Samsung receives Rs 500 cr incentives under PLI Scheme for increased production

The South Korean electronics manufacturer had submitted a claim under the PLI scheme for large-scale electronics manufacturing, which was introduced in 2020.Read more

Volvo to phase out diesel models by early 2024 in pursuit of electrification by 2030

Although a significant proportion of Volvo's European sales comprised diesel vehicles as recently as 2019, this figure dropped to a mere 8.9% of the company's sales in 2022.Read more

India to offer $2.2 bn incentives for manufacturing growth in six sectors

This initiative forms part of India's 1.97-trillion-rupee production-linked incentive scheme (PLI), which was inaugurated in 2020. Among the six sectors poised to join the PLI scheme are toys, bicycles, leather, and footwearRead more

Asus boosts Make-In-India with key manufacturing shift from China to India

With a market valuation of $15 billion, Asus is aggressively expanding its production operations in India, leveraging the government's PLI scheme.Read more

Govt plans PLI Scheme updates, boosting sectors like pharma, drones, textiles

Additionally, the official disclosed that the disbursement of PLI incentives for white goods, including air conditioners and LED lights, is set to commence this month.Read more

Indian govt mulls wearable production incentives to boost local manufacturing

The Indian government is considering the implementation of a Production-Linked Incentive (PLI) program aimed at wearable technology, which includes hearing devices, in order to stimulate local production by both domestic and international companies.Read more

TotalEnergies to invest $300 mn in Adani Green Energy JV for 1 GW RE facility

The focus of the JV will be on the development of infrastructure related to renewable energy, particularly in the domains of solar and wind energy.Read more

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