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Advancements in AI will give a boost to economic growth
With the government aiming to increase the contribution of manufacturing sector in the GDP to 25% by 2020, smart manufacturing and digitalisation are expected to play an indispensable role in changing the dynamics of industrial manufacturing. Emerging technologies such as drones, RFID (radio frequency identification), driverless vehicles, IoT and artificial intelligence will greatly transform the logistics and transport industry in the coming years, says Gautam Pande, Vice President (Operations)Read more
Trade war, rising protectionism to hurt Indian MSMEs
Export-oriented industries, particularly in sectors like iron and steel, machinery and metal products, chemicals and agricultural goods, are likely to take a hit, says FICCI's Economic Outlook SurveyRead more
Make’ to ‘Design’ in India: An emerging paradigm
As the world recognises the true potential of India in engineering and manufacturing acumen, many products across industries will soon bear the note saying ‘Designed and Manufactured in India’, says Vikas Khanvelkar.Read more
India and Taiwan to boost economic ties with 'Taiwan Expo' in New Delhi
With an objective to strengthen economic and trade ties between Taiwan and India, Taiwan External Trade Development Council (TAITRA), recently announced to host the first ever ‘Taiwan Expo’ at the Pragati Maidan, Hall No. 11 in New Delhi, India on May 17-19, 2018.Read more
Special ‘Stuttgart meets Mumbai wine festival’
Honorary Consul Andreas Lapp celebrated the international understanding and 50 years of twinning between Stuttgart and Mumbai with Mozart and Maultaschen.Read more
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Renishaw strengthens international business ties with India
At the twelfth annual meeting of the UK-India Joint Economic and Trade Committee (JETCO), Rhydian Pountney, Managing Director of Renishaw UK Sales Limited, chaired the Technological Collaboration, Advanced Manufacturing, and Engineering Working Group.Read more
Economic Survey highlights 10 new economic facts about India
The Economic Survey, tabled in the Parliament yesterday, has relied upon analysis of the new data to highlight ten new economic facts about India.Read more
Plastics industry: Spurring India’s economic growth
Novel technologies and rise in usage of polymers in new areas of applications are likely to spur the growth of plastic manufacturing sector in the coming years.Read more
Dormer Pramet has launched an economical range of high feed cutters and inserts
The versatile Pramet SBN10 cutters are suitable for copy milling, ramping, helical interpolation, slotting and plunging. Its unique pocket design can also carry inserts for shoulder and face milling, offering a complete package for, in particular, mold and die applications, from roughing to finishing.Read more