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Iris Global supplies partner with Aadhar UID kits, Lava Mobiles

IT distribution company Iris Global Services has recently delivered its partner – Instant Procurement Services Pvt Ltd - with kits for Aadhar enrollment under the UID project & Lava Mobiles under the Tripura Government Family Health Welfare scheme.Read more

Igus' QuickRobot online tool helps in quick configuration of robots

Highly flexible cables and hoses ensure that robotic applications are supplied with energy, data and media. Energy supply systems are required to protect them safely even with high dynamics and torsion.Read more

India records 54% jump in engineering goods exports in 9M 2021-22

Thanks to the Zero duty Export Promotion Capital Goods (EPCG) scheme, exports of India’s engineering goods jumped to $ 81.8 billion during April-December 2021 (Provisional) as compared to $ 52.9 billion during same period in the previous year (2020), registering a stupendous growth of 54%, said the Union Ministry of Commerce & Industry in a press release. Engineering goods sector constitutes the largest, more than 27%, share of India’s total exports basket during the period.Read more

Budget 2022 announces additional credit of Rs 2 trn for MSMEs

Budget 2022 announces additional credit of Rs 2 trn for MSMEs Credit will be available through revamped Credit Guarantee Trust for Micro and Small Enterprises Scheme (CGTMSE). The government will roll out “Raising and Accelerating MSME Performance” (RAMP) programme with outlay of Rs 60 billionRead more

Budget 2022 - Customs duties rejigged to promote Make in India & exports

Concessional rates on capital goods to be gradually phased out and attract a moderate tariff of 7.5%. More than 350 entries to be phased out from customs duty exemption to promote Make in India and Aatmanirbhar Bharat. Graded duty rate structure to boost domestic electronics manufacturingRead more

PLI schemes to empower electronic sector

The Government of India has committed nearly $ 17 billion over the next 6 years across four PLI Schemes - Semiconductor and Design, Smartphones, IT Hardware and Components. With global majors adopting ‘China Plus One’ policy, PLI schemes can help India in filling the market vacuum left by China.Read more

Budget 2022 allocates Rs 195 bn PLI incentive for solar module production

With focus on circular economy, Budget 2022 tables proposal to co-fire 5-7% biomass pellets in thermal power plants, with expected CO2 savings of 38 mmt. It also announced four pilot projects for coal gasification and conversion of coal into chemicals.Read more

Electronic hardware companies need to invest in R&D

Manufacturers' Association of Information Technology (MAIT), established in 1982, is the apex body representing India’s ICT (Information and Communication Technology) sector. MAIT is recognised by both the Government as well as the industry for its role in the growth and development of the IT hardware industry. In this interview, George Paul, CEO, MAIT, shares his views on some of the recent policy announcements and outlook for the electronics hardware industry.Read more

3i EXPO Webinar - “Automation: The key tool to gain competitive edge”

The first virtual discussion panel - as a part of the webinar series for 3i Expo 2022 - focused on opportunities for India in the post Covid world and importance of modern manufacturing technologies to achieve the goals of Aatmanirbhar Bharat mission, writes Rakesh Rao.Read more

Collaborative efforts make bin picking efficient and easy

How can collaborative handling scenarios be implemented in non-structured environments? SCHUNK pursued this issue in cooperation with KUKA and Roboception. In a technology study, the three companies show how bin picking can succeed in collaborative operation quickly, simply, and efficientlyRead more

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