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Sales of Indian MCE industry to fall by 5-7% in FY2025: ICRA

Road construction accounts for 35-45% of MCE sales in India, followed by mining (20-30%), real estate (10-20%) and other sectors (railways, water supply, power etc.).Read more

India's MCE industry set for 70-80% expansion in 5 years: ICRA

The MCE industry, driven by the country’s infrastructure-led growth, has already witnessed a compound annual growth rate (CAGR) of 12% over the past decade (FY2015-FY2024), reaching 136,000 unit sales in FY2024.Read more

RAHSTA to submit policy recommendations to NHAI

RAHSTA to submit policy recommendations to NHAI for improving highways.Read more

Morepen Labs to spin off medical devices unit into separate entity

The move aims to unlock value and enhance focus on this segment.Read more

On a fast-track growth

On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more

India to establish telecommunications equipment manufacturing zones; Scindia

The facility will produce Network Convergence System routers, generating high-quality jobs in the region. Products from the Sriperumbudur site will be exported to countries such as Mexico, Japan, Australia, the Netherlands, and the U.S.Read more

Roads & Highways Builders book RAHSTA Expo

India’s Largest Road Construction Expo has attracted exhibitors from all over India and has been sold out in Mumbai for Oct 9-10 at Jio World Convention CentreRead more

Tata Electronics signs MoU with Tokyo Electron for semiconductor equipment

These facilities will manufacture semiconductor chips for a wide range of applications, including automotive, mobile devices, and artificial intelligence (AI), serving both domestic and global markets.Read more

New safety regulations for machinery to impact MSMEs; GTRI

The regulations will impact around 90% of the estimated 150,000 manufacturers, affecting over 50,000 types of machinery, including critical industrial equipment such as pumps, compressors, cranes, and transformers.Read more

Solid-state batteries plus traditional Li-ion battery manufacturing equipment

The concept of dry electrode technology is like that of solid-state batteries, as it abandons traditional liquid solvents while adapting to current process flows. Through such technological upgrades, manufacturers can gradually adapt to new process requirements without significantly altering back-end equipment, thereby maximising economic benefits, says Maya Xiao, Reasearch Analyst, Interact Analysis.Read more

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