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Sohinder Gill: A lot more needs to be done to achieve FAME II target
Timely intervention by the government in a form of policy change is required to fuel the growth, believes Gill. Read more
National Engineering Industries & Amsted Seals JV to manufacture railway spares
The JV will be a big step towards supporting the vision of self-reliant India to set up best-in-class manufacturing infrastructure in the country.Read more
Bharat Forge and Paramount Group to manufacture armoured vehicles in India
Both the companies signed an agreement during the International Defence Expo (IDEX 2021), Abu Dhabi.Read more
Pump manufacturers in Coimbatore hike prices by 15 per cent
The price hike is due to the rise of raw material and spare parts prices which government was unable to control. Given that the demand is high in the industry for material supplies the industry is experiencing a tough time. Read more
Schmersal India decides to move towards railway and defence
While industries are battling to equalise their business to pre-Covid levels, companies are working out strategy to open more avenues to expand their business. In this Video Interaction with Pushkar Oak, Sagar Bhosale, MD, Schmersal India delves into safety gaining prominence in switchgears using new age technologies and Schmersal’s coping mechanism to sustain Covid impact.Read more
Reconsider Haryana’s rule of 75% reservation for locals in pvt sector: ACMA
The Automotive Component Manufacturers Association of India (ACMA) believes that such a move would not only adversely impact the ‘ease of doing business’ in the state, but also be detrimental to Haryana’s image of an industry friendly state and in attracting future investments.Read more
Pharma MSMEs demands to expedite implementation of PTUAS
The recently announced PLI scheme is a good move towards making Indian pharma industry self-reliant. However, PTUAS does not have any investment restriction therefore it will benefit all the players. MSMEs through various bodies have recommended changes in the existing criteria of PTUAS.Read more
India to establish supercomputing capacity to manufacture critical components
NSM aims to provide necessary computational power to the academia, industry, scientific and research community, MSME and the Start-ups to solve India specific challenges.Read more
IEEMA to host virtual expo Digielec Bharat for electrical industry in Sept
Indian Electrical & Electronics Manufacturers’ & Association (IEEMA) wants to promote exports and position India’s indigenous electrical industry as an alternative to China through Digielec Bharat, which will be held virtually from Sept 24-27, 2020Read more
Ramp up R&D to reduce auto component imports: Amitabh Kant
Niti Aayog CEO added that there is need for new synergies such as with IT industry in the areas of power electronics. India must look at using the first mover advantage for producing all components for electric vehicles, thus driving towards the path of being a future global leader.Read more