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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
Silicone: A versatile polymer for industrial applications
Vinay Pandey says silicones, due to their unique molecular structure, are used in a broad range of products, including electrical insulation, consumer electronics, home appliances, automobiles, aerospace, medicine, clothing, and much more.Read more
