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How is Industry 4.0 building on its predecessors?

Telecom plus sensors plus electronics devices kicked off the Industry 4.0. Prof R Jayaraman explains how Industry 4.0 has changed the global business scenario. Read more

Global manufacturing growth to slow down, CAGR of 3% to 2027

A report by market intelligence authority, Interact Analysis says that the manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labour shortages continue to hamper US manufacturers whereas the Chinese manufacturing economy gets back on its feet after a turbulent periodRead more

Schneider Electric inaugurates new factory at Prospace Industrial Park, Kolkata

Schneider Electric organized the ground breaking ceremony for its new factory Prospace Industrial Park in Kolkata. With the investment of Rs 140 crore the state-of-the-art factory aims strengthen the capacity in producing products such as Vacuum Interrupters (VI).Read more

8.56 bn cubic meters of wastewater needs to be treated yearly to meet UN goals, says ABB report

To reach UN water targets by 2030, global wastewater treatment capacity needs to increase by 8.56 billion cubic meters each year with additional investment in 469 wastewater treatment facilities, reveals ABB’s Energy Transition Equation for Wastewater.Read more

Industries, government & society, Hannover Messe - an opportune stage for all

The Hannover Messe, one of the largest trade shows in the world, will held from April 17 to 21 this year. The trade fair has been a key occasion for industrial developments for years. The event will be held at the Hanover Fairground in Hanover with over 4,000 companies from different industries signed up to exhibit their products and solutions. Germany will serve as the host country with Indonesia being the partner country for the event.Read more

India shows promising figures, forecasts predict solid economic growth

German family-owned group of companies, Freudenberg is one of the leading international manufacturers of brand cleaning articles and systems, and laundry care products. Georg Graf, Regional Representative for Freudenberg in India says that world is looking at India as a preferred partner to work with. Sharing about company’s intend to invest in long-term projects in India, in this interview, he suggests a strategies and plans to operate into Indian market.Read more

India should prioritise safety to be global manufacturing hub

Good health and safety management is also good business. If an organisation looks after the health, safety, and welfare of its workers, it will be more productive, and this will help the business to be more successful and sustainable, says Suresh Tanwar.Read more

Budget 2023: The manufacturing fine print

Global commodity supply continued to be disrupted due to intensified Russia-Ukraine war and re-emergence of Covid-19 in China. Read more

Despite slowdown, global manufacturing industry grew 3.8% in 2022

According to Interact Analysis, machinery sector growth outperformed manufacturing in 2022. The US manufacturing industry performed strongly and the Americas growth rate hit 6.9% in 2022, compared to 3.3% for Asia Pacific and 2.6% for Europe.Read more

Industrial sector GVA rose by 3.7% in H1 FY23: Economic Survey 2022-23

The survey says, Industry 4.0 is India’s way forward in achieving the goals of Aatmanirbharta and ambitions of becoming a key player in global value chains. Private final consumption expenditure (PFCE) as a share of GDP in H1 of FY23 was highest among all half years since FY15. Read more

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