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MSMEs: Backbone or Bottleneck?

Finance remains the most pressing of these challenges. As noted by the Lok Sabha Standing Committee on Finance, India’s MSMEs face a staggering credit gap of Rs 20–25 trillion.Read more

Igus switches to recycled material for energy chain series E2.1

Compared to the standard material, the recycled material has an 80% lower carbon dioxide (CO2) footprint. Sustainable material igumid CG LW offers comparable mechanical specifications at the same price as the previous E2.1 series.Read more

Calderys sets sustainability benchmark at Odisha refractories plant

Calderys advances its green goals with the CAPES project in Odisha, integrating solar power, water recycling, and emission controls to set a new benchmark in the refractories sector.Read more

Turning the tide on emissions: Engineering sustainable materials with simulation

Turning the tide on emissions must begin with the materials that we choose. Simulation and materials intelligence allow engineers to ensure sustainability early in the product lifecycle. This approach prevents costly rework and compliance failures later while accelerating innovation, says Vinay Carpenter, Manager Professional Services, Ansys India.Read more

The importance of project management to the Indian economy

Projects create assets, which are then used to produce goods and services, which then generate wealth. Time delays in projects not only lead to cost escalations, but also to delayed outputs, says R Jayaraman.Read more

US tariffs on China boost India’s manufacturing prospects: V Anantha Nageswaran

On India’s broader economic outlook, Nageswaran estimated a growth rate of 6.5% for FY2024-25, supported by improving exports and strong momentum into the first quarter of FY2025-26. Read more

Will revised MSME classification solve their funding puzzle?

Only 14 per cent of credit needs of Micro, Small and Medium Enterprises (MSMEs) - the backbone of India's economy - are met through formal channels. The revised MSME classification may mark a pivotal shift in how India supports and enables its small business ecosystem, says Rakesh RaoRead more

India’s composite PMI hits 8-month peak in April on strong demand

Manufacturing led the momentum, with its PMI reaching a one-year high of 58.4, up from 58.1. Read more

US auto tariffs to limit impact on Indian industry: Crisil

While the direct financial impact is small, Indian auto component manufacturers may face a decline in competitiveness due to increased costs for US buyers. Read more

Embracing Digital Transformation

India’s SME manufacturing sector is at a crossroads, poised to embrace digital transformation, sustainable practices, and innovation. However, challenges like legacy systems and skilled labour shortages remain as barriers to growth.Read more

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