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Govt extends PLI Scheme to 10 new sectors with incentives of Rs 1460 bn
10 sectors eligible for Production-Linked Incentive (PLI) Scheme are ACC batteries, electronics/technology products, automobiles & auto components, pharmaceutical drugs, telecom & networking products, textile products, food products, solar PV modules, ACs & LED, and speciality steelRead more
COVID will lead to increase in mechanisation of material handling: Anil Lingayat
In this interview with Rakesh Rao, Anil Lingayat, Executive VP & Business Head of Godrej Material Handling explains how warehouse operations are growing in scale and complexity resulting in the need of modern MHE technologies.Read more
PLI Scheme to herald a new era in electronic manufacturing: Ravi Shankar Prasad
Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing, notified on April 1, 2020, has evoked good response from global as well as domestic mobile phone manufacturing companies and electronic components makers. Production of Rs. 10.5 lakh crore and Exports of Rs. 6.5 lakh crore expected over next 5 years.Read more
Intech’s metal 3D printers will serve entire spectrum of industry: Sridhar Balaram
In conversation with Rakesh Rao, Sridhar Balaram, MD and Founder of Intech Additive Solutions, shares the advantages of additive manufacturing and the roadmap to make 3D printers a part of the industrial production line. Read more
HP partners with Redington in India to produce ventilator parts using 3D printing
Two companies partnered to produce 3D printed 120,000 parts for AgVa Ventilators used in the treatment of COVID 19 patients. HP 3D printing technology reduces manufacturing time from 4-5 months to 24 daysRead more
ACMA welcomes new MSME definition and infusion of liquidity
The new package is expected to give a big boost to the MSME sector, which has been under severe stress.Read more
Ministry suggest increase in credit guarantee for MSMEs to Rs 5000 bn
MSME Minister Nitin Gadkari urge industry to look upon the present crisis as opportunity especially as some countries are looking to move away their investments from China.Read more
IIT Madras joins hand with US-based Altair to foster start-ups
Through this MoU, select start-ups from IIT-M Incubation Cell can apply simulation technology early in the product design process will help them launch a robust product earlier Read more
HP launches new digital printing solutions
HP Inc. has recently introduced its new photo printing solutions such as HP Indigo printed premium-quality photo products along with silver inks for the first time in India, at Consumer Electronic Imaging Fair (CEIF), 2020.Read more
Siemens acquires C&S Electric for Rs 2100 cr to meet increasing electrification
In order to meet the increasing demand for electrification across industry, infrastructure and buildings in India, Siemens Ltd. has signed an agreement to acquire New Delhi-based C&S Electric Limited.Read more