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Cooper Corp sees big opportunities in aerospace & defence sector: Farrokh Cooper
In this interaction with Rakesh Rao, Farrokh Cooper, CMD of Cooper Corporation Pvt Ltd, highlights challenges and opportunities before the Indian manufacturing sector, and the company's plans to tap emerging trends in the industryRead more
MCE component localisation levels to rise 70% in 5-7 years; ICRA
The Indian mining and construction equipment (MCE) industry is the third largest in the world in terms of volumes sold, however, it imports nearly 50% of its component requirement (by value) from suppliers based out of China, Japan, and South Korea, among others.Read more
China dominates electronic components supply for 'Made in India' products
In 2023-24, India's total electronic components imports reached $34.4 billion, making them the fifth largest import category.Read more
FDI in manufacturing reaches $165 billion; 69% growth over last decade
This sector surge is largely driven by production-linked incentive (PLI) schemes.Read more
Sluggish growth in automation market; machine-integrated robots gain momentum
Partnerships are increasingly being announced between robot vendors and automation providers to develop new products and solutions.Read more
GOI tightens disclosure norms for domestic solar manufacturers
This directive, issued via a notification on August 7, requires companies to self-certify as producers of indigenous solar components.Read more
Dixon advances joint venture talks with several electronics component firms
The initiative aligns with the government’s efforts to incentivise domestic manufacturing across 12-15 component categories to enhance local value addition.Read more
IIT Madras receives biggest donation of Rs 2.28 billion from Krishna Chivukula
In recognition of his generosity, IIT Madras has named a new academic block the Krishna Chivukula Block. Read more
Sterlite Power wins Rs 15 billion worth orders in Q1 FY25
The new set of orders, won across the domestic and international market in Q1 FY25, builds on the total order book of over Rs 65.6 billion at the start of this financial year.Read more
Indian manufacturing sector sentiments improved for Q1 24-25: FICCI
The survey reveals that 78% of respondents anticipate higher or stable production levels, up from 57% in the previous year.Read more