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MeitY considers independent PLI for electronics components manufacturing
It is anticipated that the ministry will engage in discussions regarding this proposal with the Ministry of Commerce and Industry, as well as NITI Aayog, to explore the potential and framework of the scheme.Read more
Hexagon connects shop floor processes with real-time information
Hexagon?s Manufacturing Intelligence division released Nexus Connected Worker, a suite of manufacturing software solutions that connects workers to real-time data for actionable insights and reporting on operations, maintenance, quality, and audits.Read more
Global energy demand soars despite non-fossil fuel growth: EIA Report
The EIA outlined various scenarios indicating a rise in global carbon dioxide emissions from energy sources by 2050.Read more
Pricol partners with China's Heilongjiang Tianyouwei Electronics
Pricol has entered into a Co-operation Agreement for Technology and Supply of Parts and Systems with TYW for advanced technologies in Driver Information System Solutions including e-cockpit, Heads up Display (HUD), etc.Read more
Maritronics India dives into defence equipment manufacturing
To strengthen its manufacturing capabilities, the company has signed an initial pact with Goa Shipyard Ltd (GSL) to jointly develop and market navigation, communication, and automation equipment for marine vessels for the domestic defence market.Read more
Chips are up!
Over the past decade, the Indian electronics hardware industry has witnessed significant growth and transformation with rising manufacturing and export volumes. India's share in the global electronics industry has increased significantly, rising from 1.3 per cent in FY12 to 3.75 per cent in FY22. Read more
Import, Export trends signify positive shift Indian electronic industry's dynamics
An S&P Global company, CRISIL is a global analytics company driven by its mission of making markets function better. Sharing some qualitative insights on Indian electronics market in India Pushan Sharma, Director – Research, CRISIL Market Intelligence and Analytics says that India is experiencing robust growth in electronics. He also shares some current merits and flaws in the industry.Read more
How to use BIM to upgrade the world’s ports
Building information modeling (BIM) is an invaluable tool for optimising port operations and maintenance as well as traffic flow, construction costs, safety and sustainability, says Emily Newton.Read more
Festo continues on course for growth and innovation
The Festo Group achieved double-digit growth for another year in a row with a rise in sales by 13.4 per cent to €3.81 billion in 2022 (previous year €3.36 billion). Innovative automation is the enabler for the industrial transformation towards renewable energies, sustainable production, hydrogen and circular economy.Read more
Dixon Technologies arm to receive Rs 53 cr under PLI scheme for electronics
The Empowered Committee (EC) has approved the first disbursement of Rs 53.28 crore under PLI (Production Linked Incentive) Scheme for Large Scale Electronics Manufacturing to Padget Electronics Pvt Ltd - a 100% subsidiary of Dixon Technologies India Pvt LtdRead more
