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Induction furnace owners seek GST protection amid complex SC challenges

Represented by the All India Induction Furnaces Association (AIIFA), the owners highlighted that locally sold scrap often lacks the necessary GST framework requirements or compliance, making it challenging to claim input tax credits.Read more

India plans sector-specific revisions to boost utilisation of $24 bn industrial incentives

Proposed modifications are targeted at the textiles, pharmaceuticals, drones, solar, and food processing industries, constituting nearly one-third of the PLI scheme.Read more

UK-India FTA talks centered on mid-range Electric Vehicles market access

The British government is determined to gain access to India’s mid-priced EV market, particularly in the $40,000-$60,000 (Rs 33.30-49.9 lakh) range.Read more

GreenLine plans Rs 5,000 cr investment in Eco-Friendly Truck Fleet Expansion

Additionally, the company plans to invest over Rs 4,000 crore in FY25 to expand its LNG truck deployment by another 5,000 units.Read more

Spark Minda, HCMF forge innovative partnership for Sunroof Solutions in India

Under this collaboration, the two companies intend to leverage advanced technology and cutting-edge manufacturing processes to produce sunroof and closure technology products for passenger cars in India.Read more

How does trochoidal milling take your CNC machine shop to the next level?

Trochoidal milling cuts material in a series of circles instead of a direct line. While it is more complex than conventional cuts, that complexity comes with several important advantages, explains Emily Newton.Read more

Stimulus policies ‘improve outlook for China’s manufacturing output’

In order to better understand how China’s manufacturing industry is performing and its outlook for the future, this interaction with Interact Analysis Research Analyst, Samantha Mou shades light on China’s manufacturing output.Read more

Amazon launches global last mile fleet programme in India with all EVs

The programme will help more than 300 Delivery Service Partners (DSPs) to make customer deliveries with zero tailpipe emissions.Read more

Indian Construction Equipment Industry sales for Q2 FY24 record 31% YoY growth

Total equipment sales in Q2 24 increased to 30,078 units, against 22,941 units sold in Q2 of FY 2022-23. Of these, domestic sales accounted for 27,423 units while 2,655 units were exported.Read more

Govt organises 2-day Conference of Power and New & Renewable Energy Ministers

Minister said that India would not have become the fastest growing large economy of the world if we had not brought about a transformation in power sector.Read more

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