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Govt extends Automotive PLI Scheme, aims for accelerated implementation

While delivering the keynote address at the review meeting, Mahendra Nath Pandey, Union Heavy Industries Minister urged the industry to provide feedback and engage in collaborative efforts to shape the policies, procedures, and overall effectiveness of the PLI scheme.Read more

Godrej Aerospace aims to invest Rs 250 cr in a state-of-the-art facility at Khalapur

The business supplied critical components for ISRO's Chandrayaan 3 mission and has honed its expertise in manufacturing critical components for space projects, including liquid propulsion engines, satellite thrusters, and control module components.Read more

Bobba Logistics aims to set standard and replicate them in India

Chandrakala Bobba and Balajee Bobba, Directors of Bobba Group have developed a warehousing and micro fulfilment solutions brand named Bobba Logistics. It addresses the supply chain demands in and around Bangalore. The company is looking to expand its operations pan India in coming years to deliver end-to-end supply chain needs to their clients, tells Bobba siblings in this interview. Read more

RINL aims to manufacture 55,000 forged wheels, sets up a new factory in UP

Rashtriya Ispat Nigam also known as Vizag Steel, aims to produce 55,000 wheels this fiscal year. With the capacity to produce one lakh forged wheels annually, the company also sets up a factory in Lalganj, Uttar Pradesh to manufacture forged wheels. Read more

India’s new Foreign Trade Policy 2023 aims to take exports to $ 2 trn by 2030

Four pillars of FTP 2023 are incentive to remission, export promotion through collaboration, ease of doing business and emerging areas. India's overall export - including services and merchandise exports - is expected to cross $ 760 billion this year (FY23).Read more

Addverb aims to be a billion-dollar company in the next 5 years

In this interview with Rakesh Rao, Sangeet Kumar, Co-founder & CEO, Addverb Technologies, highlights changes taking place in the manufacturing sector and intralogistics operations, and Addverb is gearing up to tap emerging opportunitiesRead more

Avcon Controls aims to be among top 5 valve manufacturers

Fifty-four-year-old Avcon Controls has been producing automated valves for process control. In this interview, Manisha Dabholkar, Joint Managing Director, Avcon Controls, sheds light on changes taking place in industries, use of AI and IoT in manufacturing and Avcon’s strategy to align with the government's goal to make India a $5 trillion economy.Read more

CERATIZIT aims to be ‘net zero’ by 2040

In this interview with Rakesh Rao, Thierry Wolter, Member of the Executive Board of CERATIZIT S.A, elaborates on the group's green initiatives, and emerging trends in the hard metal & cutting tool industry.Read more

Danfoss India to focus on localization as it aims for Rs 5,000 cr turnover

To support the digital transformation in the country, the company has added over 1,400 engineers and invested over $300 million in India to capitalise on the rising green opportunities.Read more

Schmalz India aims for Rs 100 cr turnover; opens new plant in Pune

The new plant will manufacture the handling systems which it has been providing till date from Germany. The products will now be assembled in India and also certain parts will be localised.Read more

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