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India emerges as key global supply chain player despite challenges: BofA report

India's potential as a manufacturing powerhouse and export hub is hindered primarily by high logistics costs and a significant infrastructure gap, states the report.Read more

GGR Enterprises launched Anti Covid Keys during pandemic”

“… says Kashyap Ray, Partner, GGR Enterprises, Kolkata. The company is deals in Industrial Stencil Products.Read more

Seven material handling equipment trends to watch out

The development of more environmentally-friendly machines that reduce energy consumption and increase efficiency will be a key driver of innovation, says a Freedonia Group report.Read more

RoI on a cobot is now 2-3 years, down from 5 years

Demand for collaborative robots (cobots) is increasing across the word. In this interview, Maya Xiao, Senior Analyst, Interact Analyst, discusses how the collaborative robot market is performing as we come out of COVID.Read more

German machine tool industry takes off in 2022 after the pandemic

Order intake rose by a total of 58% in 2021. The strong driver was abroad with an increase of 62%.Read more

Adding value via additive manufacturing

Additive manufacturing (AM), or 3D printing, has gained momentum in India, especially after Covid 19 pandemic when most industries faced supply chain disruptions. 3D printing allows companies to break centralised manufacturing facility into smaller production hubs that can be set up closer to the market.Read more

India records 54% jump in engineering goods exports in 9M 2021-22

Thanks to the Zero duty Export Promotion Capital Goods (EPCG) scheme, exports of India’s engineering goods jumped to $ 81.8 billion during April-December 2021 (Provisional) as compared to $ 52.9 billion during same period in the previous year (2020), registering a stupendous growth of 54%, said the Union Ministry of Commerce & Industry in a press release. Engineering goods sector constitutes the largest, more than 27%, share of India’s total exports basket during the period.Read more

Global aerospace parts market to grow at CAGR of 3.7%: Report

The global aerospace parts market - estimated at $ 900.75 billion in 2021, is expected to grow at a CAGR of 3.7% during 2021-2030 forecast period, according to Quince Market InsightsRead more

Electrifying road transportation in India to achieve net zero emission goals

With the complete Indian manufacturing ecosystem now working collaboratively, the country is all set to become a global vanguard for the electric future, says Ravichandran Purushothaman.Read more

What lies ahead post pandemic

The pandemic has shifted focus from global to local. In this situation, manufacturers are trying to bring supply chains closer to home and are creating opportunities. Manufacturers are leveraging automation and digital technologies to foster growth, says Frans Van Niekerk.Read more

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