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MR Components banks on EMAG machines for quality and efficiency
MR Components relies on intelligent automation with EMAG machines and benefits from unmanned production in the evening hoursRead more
IMS and its significance
With the implementation of the IMS, changes in GSTR-3B format can be expected. Read more
ZF Lifetec opens €5 million global competency centre in Hyderabad
The current team of 220 engineers in Hyderabad is set to grow to over 500 in the next five years, as the company expands its capabilities in line with increasing demand.Read more
India's electronics manufacturing to quadruple by 2030; Says Nomura
Exports are projected to grow at a robust 35% CAGR, potentially reaching $210 billion by FY30, while domestic consumption is expected to increase at a 15% CAGR.Read more
Amazon to export $5 billion in small-ticket items from India in 2024
Companies such as Walmart are also scaling up their imports from India while decreasing their Chinese procurement.Read more
India’s window to curb its carbon emissions looks increasingly hard to achieve
Over $12 trillion in investment and spending is required for BNEF’s Net Zero Scenario, 34% more than the baseline Economic Transition Scenario. Read more
Intel may split chip design and manufacturing businesses due to loss
The company reported a net loss of $1.61 billion in the second quarter of 2024, leading to a 26% drop in its stock price—the worst single-day performance in over 50 years.Read more
93% of big companies see AI equal to success, yet struggle with talent shortages
Diversity within AI teams also emerged as a concern, with 80% of respondents emphasising its importance. Read more
Andhra Pradesh offers Foxconn with proposal for 'manufacturing city' and subsidies
The IT minister also promised to develop a new electronics policy to further incentivise the sector.Read more
India is redefining its defence manufacturing identity
This trend underscores India’s strengthening role in the global manufacturing landscape, with the defence sector playing a pivotal role.Read more