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Indian Chamber of Commerce hosts the 2nd Rail India Forum

The forum explored strategies to enhance the passenger experience while prioritising safety and sustainability.Read more

India to boost sensor manufacturing with IESA-ELCIA collaboration

The Indian sensor module market is set to reach Rs 310 billion by 2027.Read more

SIAM holds Automotive Sourcing Conclave 2024

The sessions explored innovative solutions to enhance supply chains for EVs, adopt emerging technologies in sourcing, and harmonise regulatory compliance with operational resilience for a competitive edge.Read more

Lava Cast exports flywheels and covers to US market

The shipment includes flywheels tailored for leading auto and auto ancillary players in the USA and covers designed for aftermarket distributors and remanufacturers. Read more

Rajoo Engineers installs Coordinate Measuring Machine (CMM)

With its detailed measuring capabilities, high-speed drive, and scanning accuracy, the MACH-V9106 can measure various components weighing up to 2500kg. Read more

India among world's top 10 exporters of high-value products

The country continues to lead the world in exporting precious and semi-precious stones, with its global market share soaring from 2.64% in 2014 to 36.53% in 2023. Read more

Electronics component manufacturers seek government support in Budget 2025

In addition to potential PLI incentives, the government is reportedly preparing a plan to encourage electronics manufacturing in Tier II towns. Read more

India's manufacturing PMI slips to 56.5 in November amid rising competition

Input cost inflation reached its highest level since July, with items like chemicals, cotton, leather, and rubber seeing price hikes. Read more

Phillips Machine Tools to bring titanium and hi-tech materials to India

To facilitate the initiative, PMT plans to obtain an import license within six months, a process requiring demonstrable R&D capabilities and specialised equipment. Read more

Slowing demand to curb auto component revenue growth to 6-8%

Exports are vital, currently constituting 15% of total revenue, down from about 17% in fiscal 2022. Although export growth is slowing, India's increasing share of high-margin, critical components— accounting for around 60% of export revenue in fiscal 2024 — will support profitability. Read more

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