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AIFI appoints Yash Munot as President & S. Ravishankar as Vice President

Beyond his industrial achievements, Munot is recognised for his diversified business ventures in sectors such as lifestyle products, health food, hospitality and philanthropy, including the adoption of an orphanage and medical aid distribution during the pandemic.Read more

GST Council introduces Reverse Charge Mechanism on metal scraps

Typically the seller charges the buyer for GST, but under the newly introduced RCM provision, the buyer will be responsible for paying the tax directly to the government. Read more

Shyam Metalics shares rise 3% post expansion announcement in steel and aluminium

Shyam Metalics operates a unique business model in the metals industry, sourcing around 80% of its power from captive plants.Read more

India's auto comp industry to triple to $200 billion by 2030

By 2030, sales to original equipment manufacturers (OEMs) could grow to $89 billion, while exports may soar to $100 billion, representing a CAGR of 30%.Read more

Rising costs and weak demand may force steel companies to cut output

In July alone, steel exports dropped by 14% to 0.30 million tonnes, while imports surged by 18% to 0.75 million tonnes.Read more

How will Indian manufacturing industry promote sustainable practices?

Modern day factories are much larger in size, automated, and far more efficient, writes R Jayaraman. But, are they all tuned up to operate in a sustainable way?Read more

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

Honeywell introduces quality management review application for life sciences industry

With HQMR, users can also consolidate and summarise data from different sites in order to create a high-level overview that helps executives assess overall QMS performance across multiple facilities.Read more

New scheme to strengthen India’s medical device industry to launch soon

Additionally, the Union Cabinet's approval of the National Medical Devices Policy last April is expected to further drive growth in the sector.Read more

Rohde & Schwarz develops industry’s first ASIC-based zone triggering oscilloscope

Rohde & Schwarz further strengthens its oscilloscope portfolio by introducing the industry’s first ASIC-based zone triggering. It is up to 10,000 faster than competitive zone triggering offerings. Read more

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