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Elektrocraft plans to launch more sustainable products

As Laboratory equipment play a major in various industries like pharma & chemical industries, food processing, healthcare, etc.Read more

The market has definitely revived post-Covid

From its humble beginning in 1979, Bohmen Industries today offers a wide variety of position switching devices catering to various industries. Post-Covid, the company is seeing a good demand due to a reduction in competition from the unorganised sector as well as a definite aversion for cheap imported alternatives, reveals Abhishek Bohra, Partner, Bohmen Industries.Read more

Mallcom is growing its PPE business with new products

Today, Mallcom is a well-known player in the field of personal safety sector as it produces numerous products for head-to-toe protection such as helmets, face masks, garments, rainwear, leather gloves, nitrile gloves, shoes, etc. Being a fully integrated manufacturer and brand owner gives Mallcom an edge over the others. They not only sell but manufacture most of the products that help them command price and quality as stated by Giriraj Kumar Mall, Executive Director, Mallcom India Ltd.Read more

Business Environment Set for Growth

The share of manufacturing in India's GVA (Gross Value Added) has seen a gradual fall in the last one decade despite a surge in private consumption demandRead more

Iris Global supplies partner with Aadhar UID kits, Lava Mobiles

IT distribution company Iris Global Services has recently delivered its partner – Instant Procurement Services Pvt Ltd - with kits for Aadhar enrollment under the UID project & Lava Mobiles under the Tripura Government Family Health Welfare scheme.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

Budget 2022 announces additional credit of Rs 2 trn for MSMEs

Budget 2022 announces additional credit of Rs 2 trn for MSMEs Credit will be available through revamped Credit Guarantee Trust for Micro and Small Enterprises Scheme (CGTMSE). The government will roll out “Raising and Accelerating MSME Performance” (RAMP) programme with outlay of Rs 60 billionRead more

PLI schemes to empower electronic sector

The Government of India has committed nearly $ 17 billion over the next 6 years across four PLI Schemes - Semiconductor and Design, Smartphones, IT Hardware and Components. With global majors adopting ‘China Plus One’ policy, PLI schemes can help India in filling the market vacuum left by China.Read more

Budget 2022 allocates Rs 195 bn PLI incentive for solar module production

With focus on circular economy, Budget 2022 tables proposal to co-fire 5-7% biomass pellets in thermal power plants, with expected CO2 savings of 38 mmt. It also announced four pilot projects for coal gasification and conversion of coal into chemicals.Read more

Electronic hardware companies need to invest in R&D

Manufacturers' Association of Information Technology (MAIT), established in 1982, is the apex body representing India’s ICT (Information and Communication Technology) sector. MAIT is recognised by both the Government as well as the industry for its role in the growth and development of the IT hardware industry. In this interview, George Paul, CEO, MAIT, shares his views on some of the recent policy announcements and outlook for the electronics hardware industry.Read more

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