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The “Top 100 Performers” of engineering sector

According to the International Monetary Fund (IMF), India is poised to remain a significant contributor to the global economy, accounting for approximately 15 per of global economic growth in CY 2023.Read more

The vision of EV manufacturing industry by 2025

The road to success of electric vehicles will be flawless if the industry is able to eliminate the existing roadblocks and make these vehicles more efficient. By 2025, the electric vehicle (EV) manufacturing industry will have undergone a radical transformation, says Tushar Chhabhaya.Read more

Parson Adhesives offers two-part PU structural adhesive PARBOND

Parson Adhesives has developed PARBOND - a high-performance two-part polyurethane structural adhesive. Read more

Business Environment Set for Growth

The share of manufacturing in India's GVA (Gross Value Added) has seen a gradual fall in the last one decade despite a surge in private consumption demandRead 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 2021's focus on economic revival to increase demand for automobiles

While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more

Govt extends PLI Scheme to 10 new sectors with incentives of Rs 1460 bn

10 sectors eligible for Production-Linked Incentive (PLI) Scheme are ACC batteries, electronics/technology products, automobiles & auto components, pharmaceutical drugs, telecom & networking products, textile products, food products, solar PV modules, ACs & LED, and speciality steelRead more

Manufacturing and automobiles drive gear & bearing industry

As per Euromonitor International findings, Indian bearing, gear and driving elements industry grew by around 10 per cent in 2018 and is set to sustain strong growth over the upcoming years as well.Read more

TDK launches miniaturised thin-film metal power inductors

With industry-leading rated voltage of 40 V, these inductors can be coupled to a 12 V car battery.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

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