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Indian auto industry is coming of age
Indian auto industry has come a long way; from the “permit” raj era to becoming the world's third largest automobile market today. R Jayaraman examines the key drivers behind this success.Read more
Belagavi Aerospace Cluster manufactures components with least carbon footprint
Founded in 2006 and nurtured as a unique, diversified contract manufacturing company, Aequs, provides vertically integrated product solutions across the Aerospace, Toys, and Consumer Durable Goods industries. Rohit Hegde, President, Consumer Verticals, Aequs in this interview provides insights on company’s sustainable manufacturing practices.Read more
Green manufacturing using ‘Circular Replenishment Chains’ model
Circular Replenishment Chains’ (CRC) are chains of industries which consume each others wastes, to produce finished products and services for consumption. Operating under the CRC framework will lead to greater transparency, lower costs, speedier deliveries, more milk runs, and a higher safety level, says R Jayaraman.Read more
Aequs expands into ODM with Marvel Toy Collection, overcoming India's Toy Market challenges
Under the terms of this agreement, Aequs will produce a series of 36 pullback cars, each featuring popular Marvel characters.Read more
Indian govt considers exempting key EV components from localisation norms
However, this new consideration is met with opposition from local players such as Mahindra & Mahindra and Tata Motors, as well as foreign companies with decades-long operations in India.Read more
Musashi India, Delta Electronics, Toyota Tsusho enter into JV for 2W EV drive units
Under this JV, Musashi and Delta will jointly develop the EV drive unit and Toyota Tsusho will handle the distribution through its global logistics network.Read more
India to offer $2.2 bn incentives for manufacturing growth in six sectors
This initiative forms part of India's 1.97-trillion-rupee production-linked incentive scheme (PLI), which was inaugurated in 2020. Among the six sectors poised to join the PLI scheme are toys, bicycles, leather, and footwearRead more
Indian Auto sees surge in apprentice recruitment with PLI expansion
The report, courtesy of TeamLease Degree Apprenticeship, anticipates a noteworthy increase of 70-80% in apprentice hiring.Read more
Nitin Gadkari lauds MP's Green Hydrogen Potential and Agriculture Success
Gadkari credited Chief Minister Shivraj Singh Chouhan for the substantial increase in irrigation capabilities and agricultural production in the state.Read more
August sets new record for domestic passenger vehicle sales in India
Utility vehicles like Brezza, Grand Vitara, Jimny, Ertiga, and XL6 experienced a substantial two-fold increase with sales surging from 26,932 units in August of the previous year to 58,746 units.Read more