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ONDC will democratise and revolutionise digital commerce in India

In this interview with Rakesh Rao, T Koshy, MD & CEO, Open Network for Digital Commerce (ONDC), elaborates on the roadmap for ONDC and how it will change the digital commerce landscape in India (and probably globally).Read more

Indian construction equipment industry up 23% in Q3 FY23

Indian Construction Equipment Manufacturers’ Association (ICEMA), apex association for Construction Equipment (CE) manufacturers in India announced its Q3 FY23 results with shows sales grew by 23 percent YoY growth with 27,817 units of Construction Equipment being sold.Read more

Budget 2023: Revving up manufacturing with duty revisions and capex boost

By allocating Rs 10 lakh crores for capital expenditure (which would be 3.3 per cent of GDP) and making minor changes in the basic custom duties, cesses and surcharges on some components, the budget aims to provide more opportunities for local manufacturing.Read more

Five factors that stand critical while upgrading air compressor

Compressor manufacturers upgrade air compressors every 3-4 years to enhance energy efficiency, reliability, and add new features, says Karthik Srinivasan.Read more

Sterlite Power bags orders worth Rs 3,800 cr, growth up 90% in FY23

Sterlite Power won new orders for Rs. 3,800 crores in first three quarters of FY23. The company made a growth of 90 per cent as compared to FY22 with multiple projects of uprating existing power transmission lines and product orders for conductors and optical ground wire (OPGW).Read more

Gearing up for Kumbha Mela of machine tools, IMTEX 2023

The year 2022 saw a balanced growth for the industry starting on a high at the start and tapering down a bit in the second half of the year. Read more

Indian auto component industry up by 34.8% in H1 FY23: ACMA

While exports grew by 8.6% to $ 10.1 billion, imports were up by 17.2% to $ 10.1 billion. Read more

Drone maker Anadrone Systems to set up R&D centre in Odisha

The centre will focus on providing end-to-end drone solutions for the domestic armed forces and export requirementsRead more

Siemens Limited sets up facility for bogies in Maharashtra

Siemens Limited has set up a state-of-the-art factory for bogies in Aurangabad (Maharashtra) to address the increasing demand from railways in India and across the world. Read more

HEG to invest Rs 1000 cr to set up graphite anode plant

When graphite anodes are made available in India, the cost of Li-ion cell production will decrease. It will also help in advancing India’s green energy goals and achieve net zero emissions by 2070.Read more

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