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Moulding the future of manufacturing
Despite the global turmoil, the Indian tooling industry performed exceptionally well in 2023. With emerging segments (like electric vehicles, railways, aerospace, etc) opening up new avenues of growth, Indian tool makers are expecting an even more successful 2024, says Rakesh Rao. Read more
Dies & moulds are the heart of the manufacturing industry
In this interview with Rakesh Rao, Vivek Nanivadekar, Executive Director, FIBRO India Precision Products Pvt Ltd, elaborates on the importance of moulds and dies for the manufacturing sector and the company’s future growth plansRead more
Foxconn partners with HCL Group for Chip Venture in India
This venture, referred to in the industry as OSAT (Outsourced Semiconductor Assembly and Test), follows Foxconn's withdrawal from a previous joint venture with India's Vedanta in July.Read more
PTC Industries, Nasmyth forge strategic partnership for Global Aerospace Solutions
PTC Industries seeks to enhance its capabilities to better serve the specific requirements of Indian customers and execute projects more efficiently.Read more
Cyient DLM inaugurates new precision machining facility in Bangalore
The facility currently has a capacity of 60,000 hours per annum, and has been designed for 3x expansion, to elevate the capacity to 180,000 hours per annum with the addition of 20 cutting-edge machines.Read more
Gujarat's IT/ITeS sector gears up for transformative growth and global collaboration
In the fiscal year 2021-22, Gujarat achieved a remarkable 14% annual growth in IT/ITeS exports. As part of its strategic plan, the state aims to boost these exports to Rs 25,000 crore over the next five years.Read more
Catamaran ventures into precision manufacturing start-ups
The firm aims to invest in companies involved in deep tech and automobile manufacturing, particularly those capable of exporting products and creating components.Read more
Tube Investments of India to invest Rs 211 cr in Greenfield Steel Tube Facility near Pune
The project, slated for completion in the fiscal year 2025, will be primarily financed through internal funds.Read more
Raymond expands engineering portfolio with MPPL stake acquisition for Rs 682 cr
MPPL operates in high-growth sectors such as Aerospace, Electric Vehicles (EV), and Defense. The acquisition will be executed through Ring Plus Aqua Limited (RPAL).Read more
Nitiraj Engineers? drone innovation soars high
Nitiraj Engineers Ltd brings in the drone revolution with four groundbreaking drone models: Precision Farming Drone, GIS Mapping and Aerial Survey Drone, Remote Cargo Transportation Drone and Defence High-Altitude Unmanned Aerial Vehicle (UAV)Read more