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PLI Scheme to herald a new era in electronic manufacturing: Ravi Shankar Prasad

Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing, notified on April 1, 2020, has evoked good response from global as well as domestic mobile phone manufacturing companies and electronic components makers. Production of Rs. 10.5 lakh crore and Exports of Rs. 6.5 lakh crore expected over next 5 years.Read more

India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India

While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more

Enable MSMEs to fight competition

The clamour for boycott of Chinese goods in India is growing due to the heightened tension at the Galwan border in Ladakh where 20 Indian soldiers were killed in action on the night of July 15. Read more

Ramp up R&D to reduce auto component imports: Amitabh Kant

Niti Aayog CEO added that there is need for new synergies such as with IT industry in the areas of power electronics. India must look at using the first mover advantage for producing all components for electric vehicles, thus driving towards the path of being a future global leader.Read more

Indian auto component industry de-grows 11.7% in FY 2019-20, clocks Rs 3.49 lakh crore

According to ACMA, sales to OEMs declined 17 per cent, imports by 11.4 per cent and exports by 3.2 per cent. On the other hand, auto component aftermarket at Rs 69,381 crore ($ 9.8 billion) remained stable. Industry cautiously optimistic as green shoots emergeRead more

Padmini VNA, Vitesco JV to offer powertrain solutions for clean mobility

The JV - PV Clean Mobility Technologies - will offer enhanced emission reduction technologies and will focus on sensors and actuators, as well as fuel delivery modules for passenger car, commercial vehicle and two-wheeler-markets.Read more

MAHLE, Trumpf & Porsche collaborate to make 3D printed aluminium pistons

The bionic design reduces piston weight and increases maximum engine speed. It saves material and has the potential to make the 3D printed piston up to 20 percent lighter than its conventionally manufactured counterpart while increasing rigidity.Read more

TDK named in Derwent Top 100 Global Innovator 2020

This is the sixth time that company has been named in the list. Read more

Fever detection products have kept us busier than usual: Rajendra Chodankar

In conversation with Rakesh Rao, Rajendra Chodankar, Founder of RRP S4E Innovations Pvt Ltd, highlights the potential of electro optics market in India and how the company produced fever detection systems to fulfil the growing demand amid COVID 19 pandemic.Read more

Practical ways to prevent rust during major auto build-ahead programs

Due to lockdown (triggered by COVID 19 pandemic), many components or critical parts have to be stored in warehouses. During storage it is important to know how to stop rust on these components. Given here are few ways to prevent rust in auto component industry. Read more

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