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Greening Enterprise Eco system, SIDBIs dedicates Mission 50K-EV4ECO
Small Industries Development Bank of India (SIDBI) with the aim to strengthen the EV ecosystem, launched Mission 50K-EV4ECO which will unlock the market by providing better financing terms for electric two- wheeler, three-wheeler, and four-wheeler (2W, 3W and 4W) vehicles purchase. Read more
Brookfield making sustainable energy investment for $1 bn in Avaada Ventures
A formal agreement was signed recently between Canadian investor Brookfield and serial entrepreneur Vineet Mittal, founder of the Avaada group to invest into country biggest sustainable energy investment, told people aware on the topic demanding anonymity.Read more
US’s ExxonMobil to build lubricant manufacturing plant in India
Texas-headquartered ExxonMobil is investing nearly INR 900 crore to build a lubricant plant in Raigad, Maharashtra. Expected to start in 2025, the new plant is expected to produce 159,000 kiloliters of finished lubricants and provide 1,200 new jobs in the country.Read more
India: The beacon of growth
India’s exports - estimated at $ 767 billion - for FY 2022-23 recorded a rise of 14.5 per cent over FY22’s $ 669.65 billion.Read more
Why India is the next big thing in manufacturing
With record exports last year and consistent high GDP growth, India has emerged as a leading investment option for international investors offering a big domestic market with potential to become a major global manufacturing hub. Clearly, India is a market to be in – currently and in the future, says Rakesh Rao.Read more
IPF presents 3i EXPO and Factories of the Future conference
With India gearing up to be the production hub of the world, the country will have to opt for advanced manufacturing technologies to increase its competitiveness. To make manufacturers future-ready, Industrial Products Finder (IPF) will host 3i EXPO and "Factories of the Future” conference to bring all the key stakeholders of the industry under one roof and initiate the dialogues on the advancements in manufacturing.Read more
Factories of the Future
According to the recently released “State of Smart Manufacturing” report by Rockwell Automation, India has the highest number of manufacturing organisations investing in technology. The study surveyed more than 1,350 manufacturers across 13 leading manufacturing countries including India, China, Germany, Japan, the US, and the UK.Read more
Walvoil India opens new facility in Bangalore
Walvoil Fluid Power India Pvt Ltd (Walvoil India) - a member of the Italy-based Interpump Group - inaugurated a new plant in Bangalore on March 23, 2023.Read more
Danfoss India is looking for 90% localisation for its products
Danish multinational, Danfoss completed its 25 years in India. In this interview with Pratap Padode, Founder & Editor-in-Chief of Asapp Info Global Group (the publisher of Industrial Products Finder magazine), Ravichandran Purushothaman, President, Danfoss India, shares the company’s future plans and importance of BOCK acquisition for the company. Read more
India embedding sustainability in manufacturing to become a global hub
With India becoming the large manufacturing hub, the question of sustainability stands a big doubt on country’s capability. P Kaniappan suggests that inclusion of sustainable practices in manufacturing operations will help India reach the pinnacle of developments.Read more