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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

Incentivise manufacturing services in SEZs to boost exports

About 90% of the manufacturing units in global supply chain are manufacturing service providers. Manufacturing services can be incentivised by providing them with SEIS benefits as they are WTO compliant, says Tamil Nadu Association of SEZ Infrastructure DevelopersRead more

Getac’s launches 5G-Compatible B360 laptop for manufacturing & defence sectors

B360 runs on the 10th Generation Intel Core Processor, making it the fastest fully rugged laptop on the market, capable of running large numbers of applications simultaneously Read more

Finolex Cables reports Rs 123.1 crore profits despite slowdown

Net sales for quarter ended September 30, 2019 stood at Rs 715.7 crore, against Rs 714.0 crore in September 2018Read more

“Automation and aerospace are growing sectors for NTN”

The Japanese firm NTN is one of the world’s leading manufacturers of bearings for industries like automobile, steel, power, cement, aerospace, railways, etc.Read more

Machine tool industry is considered the mother of all industry sectors: AP Pandey

New emerging sectors such as defence and aerospace, consumer durable, green investment in auto sectors are likely to bolster the demand for metal cutting machines, explains AP Pandey, Managing Director, Brugarolas IndiaRead more

Today customers are looking for energy efficient products

India is emerging as one of the fastest growing material handling equipment markets globally with pick-up in industrial activity and favourable government policies.Read more

“Automotive and Defence to observe major scope for vacuum impregnation”

Teknoseal Engineering solution Pvt Ltd, is one of the vacuum impregnation sealant supplying corporation worldwide. The Directors/Partners of the company, Saibal Sen and Probal Sen called Sen Brothers have been active in the field of vacuum impregnation technology for past three decades. Read more

JobBuzz workplace index identifies sectors which offer best work culture in India

Research shows that if the culture of an organization is good, it helps reduce the stress of the work-at-hand. Employees of such companies look forward to going to their jobs.Read more

Pumps And Valves: Growing At a Steady Clip

Assurance about growth is like music to the ears. So is the case with the Indian pumps and valves industry. According to Frost and Sullivan, the compounded annual growth rate (CAGR) for the pumps and valves industry would be between 15-17% for the next five years. The pump industry is growing at the rate of 15% per year. The organised sector size is around Rs 2,500 crore and the unorganised is around Rs 2,500 crore.Read more

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