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India needs strong machine tools industry to become a global manufacturing hub

For the Indian manufacturing sector to reach $ 1 trillion, the machine tools industry needs to fire on all cylinders as it enables the production of other machines, parts and equipment for a wide range of sectors, says Rakesh RaoRead more

IMTEX 2025: The showstopper for machine tool builders

With more than 1,000 exhibitors from over 20 countries, IMTEX 2025 will bring together global leaders and foster innovation in the machine tool industryRead more

Smart factories are revolutionising the machine tools industry: Ravi Prem

In this interview with Rakesh Rao, Ravi Prem, Executive Director of Forbes & Company Ltd and President of the Indian Cutting Tool Manufacturers' Association (ICTMA), discusses the impact of the latest technologies on the metalworking industry.Read more

Renishaw enables manufacturers to adopt data driven manufacturing: Sanjay Sangam

Renishaw at IMTEX 2025 is coming with a theme ‘Automation for Everyone’, which aims to make advanced automation technologies accessible to a wide range of manufacturers, from small job shops to large production line. Read more

Electronics component manufacturers seek government support in Budget 2025

In addition to potential PLI incentives, the government is reportedly preparing a plan to encourage electronics manufacturing in Tier II towns. Read more

Trump victory may boost prospects for Indian manufacturers and exporters

Market experts suggest Trump’s return could indirectly benefit Indian businesses in manufacturing and exports, particularly through factors like increased tariff restrictions on China and continued global supply chain shifts.Read more

Karnataka's Kannada labelling mandate stirs concerns among export manufacturers

An anonymous FMCG executive told the source that industry standards usually support a uniform packaging design across markets. Read more

Indian manufacturers target 2-3x profit growth with Industry 5.0: PwC

Industry 5.0 signifies a shift from prioritising economic value to generating societal value, emphasising overall well-being rather than just welfare.Read more

India-France enhance aerospace partnership with MoU for bilateral cooperation

Currently, over 60 GIFAS member companies operate in India, with more than 30 industrial sites established across the country. Read more

Wagon makers set for 20% revenue growth this fiscal: CRISIL

With order books standing at 2.3 times the revenue of wagon makers, the sector is expected to operate at 90% capacity this fiscal, up from less than 50% in fiscal 2021. Read more

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