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Sluggish growth in automation market; machine-integrated robots gain momentum

Partnerships are increasingly being announced between robot vendors and automation providers to develop new products and solutions.Read more

GOI tightens disclosure norms for domestic solar manufacturers

This directive, issued via a notification on August 7, requires companies to self-certify as producers of indigenous solar components.Read more

SIAM hosts 10th automotive logistics conclave on enhancing automotive logistics

The conclave explored the most recent advancements and strategies that are expected to influence the future of the automotive logistics sector in India.Read more

Bangladesh crisis causes major losses to Indian auto manufacturers

Data from the Ministry of Commerce and Industry shows that Indian two-wheeler exports to Bangladesh were 3.6% by value in FY24, down from 3.69% in FY23 and 3.72% in FY22.Read more

India's construction equipment sector to touch $25 billion by 2030; ICEMA

Currently the world’s third-largest market for construction equipment, India’s CE industry is valued at approximately $10 billion (FY24).Read more

FAME -II to focus on consumer aid than direct incentives to EV manufacturers

Launched in 2019 with an initial budget of Rs 100 billion, and later supplemented with an additional Rs 15 billion, the FAME II scheme aims to accelerate electric vehicle adoption in India. Read more

A rundown of the global battery recycling market

As the capacity of li-ion batteries increases, the amount of scrap batteries in production are also piling up fast, making battery recycling a focal point for the market.Read more

61% global manufacturers expect AI to drive growth by 2029; ZT report

While digital transformation is a priority for manufacturers, around 30% to 40% of global and APAC, including India, respondents recognise achieving it is fraught with obstacles, including the cost and availability of labour, scaling technology solutions, and the convergence of information technology and operational technology (IT/OT).Read more

Vizhinjam Port to lessen time and costs by 40% for Indian manufacturers

The port, equipped with advanced facilities, including automated operations and modern infrastructure, aims to efficiently handle large ships. Read more

Temico Motor to make powertrains for Indian EV manufacturers

It is expected to start mass production after gaining certification from the Bureau of Indian Standards next month.Read more

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