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CRISIL: PLI scheme to lead to capex of Rs 2.5-3 trn

Production Linked Incentive (PLI) scheme has been announced for 15 sectors, involving government incentives to the tune Rs 1.93 trillion. The nine sectors have an export potential of Rs 11 trillion.Read more

3i EXPO Webinar: Industry 4.0 for Manufacturing Sustainably

The second panel discussion of 3i EXPO webinar series discussed ways to use Industry 4.0 and automation to reduce carbon footprint and achieve the Sustainable Development Goals.Read more

Aatmanirbharta energising capital goods manufacturing

India’s electrical equipment industry has witnessed significant growth in the last few years. Raised government spending on rural and household electrification schemes and programs will drive the demand for power generation, transmission, distribution and related equipment in India, writes Arun Mote.Read more

We will add power generation boilers in our product line

The demand for Radiant Thermal Engineers’ products is at an all-time high with generation and better distribution of energy becoming a matter of prime importance today. Here, Kamlesh Rathore and Sanjay Sharma, Directors of Radiant Thermal Engineers, provide insights into their company and the road ahead.Read more

Budget 2022 - Customs duties rejigged to promote Make in India & exports

Concessional rates on capital goods to be gradually phased out and attract a moderate tariff of 7.5%. More than 350 entries to be phased out from customs duty exemption to promote Make in India and Aatmanirbhar Bharat. Graded duty rate structure to boost domestic electronics manufacturingRead more

Industrial investments in India to rise 30% in FY22-24: CRISIL

Without PLI scheme, capex would have likely taken nearly two years to touch pre-pandemic levels, says CRISIL Research. PLI holds the potential to generate Rs 2.2 lakh crore worth of capex over the scheme period (3-4 years).Read more

Madhya Pradesh: The heart of India

Located centrally, Madhya Pradesh is a beneficiary of mega infrastructure projects, with both North-South and East-West corridor crossing the state. There has been a rapid increase in industrial investment in Madhya Pradesh in the recent months and the state expects to sustain the growth momentum in the future.Read more

Konica Minolta India launches colour and monochrome models of printers

Japanese firm Konica Minolta’s new range - comprising four colour and three monochrome models - are designed for modern printing needs in India. These cost-effective printing machines provide greater flexibility, productivity, efficiency, safety and security.Read more

Truetzschler and Voith jointly develop flushable wipes for hygienic disposal

Due to COVID 19, dry or wet wipes are widely used today. However, disposal of wipes can be difficult as they can clog sewage systems due to their failure to disintegrate in water. Voith Group and Truetzschler Nonwovens have developed flushable wipes that can disintegrate into individual fibres in agitated water.Read more

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

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