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As AI takes off, we expect to see even greater gains: Tim Dawson

The top 5 manufacturing regions for semiconductors in 2024 were China (43%), South Korea (13.5%), Taiwan (9%), Singapore (7.1%) and Japan (6.2%) and this split has been pretty consistent for almost the entirety of the MIO study (i.e. roughly the same split from the early 2010s onwards). Read more

GTRI urges simplified customs duty structure to boost manufacturing and exports

According to GTRI, currently, 85% of tariff revenue is generated from just 10% of tariff lines or product categories, while 60% of tariff lines account for less than 3% of total revenue. Read more

JCBL South manufactures 100th trailer

The 100th trailer was delivered to BEML Limited, a prestigious Miniratna PSU under the Ministry of Defence, Government of India.Read more

Devendra Fadnavis inaugurates advanced drone manufacturing facility in Nagpur

Building on the success of Nagastra-1, the facility is advancing the development of Nagastra-2 and Nagastra-3 under the ‘Make 2’ initiative. Read more

Surface Modification Technologies aims for global expansion: Dr Umesh Mhatre

In this interview, Dr Umesh Mhatre, MD, Surface Modification Technologies Pvt Ltd, highlights his company’s contribution to the growth of manufacturing sector and plans for IMTEX 2025 exhibition. Read more

Mahindra unveils EV manufacturing & battery assembly facility in Maharashtra

Mahindra has allocated Rs 45 billion out of the total Rs 160 billion planned in the F22–F27 investment cycle— which includes powertrain development, two product top hats including software & tech and manufacturing capacity.Read more

Jupiter International to invest Rs 65 billion in capacity expansion

Additionally, by fully integrating these processes, Jupiter International aims to establish a robust and seamless supply chain that spans every stage of solar manufacturing.Read more

Happy Forgings to invest Rs 6.5 billion in a heavy component manufacturing plant

The investment will be financed through a combination of internal accruals and partial debt, with production expected to commence by the end of FY2027. Read more

Mastercam acquires FASTech to strengthen manufacturing solutions

By incorporating FASTech's regional expertise, Mastercam enhances its ability to offer innovative solutions and exceptional service to customers in the Midwest.Read more

India poised to become the global drone hub; Says EY-FICCI report

Experts agree that India can reduce global reliance on Chinese drones, particularly as developed economies adopt the China Plus One strategy. Read more

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