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Critical EV components to be localised by 2030
Achieving 100% localisation in India is not feasible due to the scarcity of certain rare earth materials, limited lithium-ion mining, and low levels of electronics manufacturing.Read more
How to build India’s global manufacturing capabilities?
The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.Read more
Manufacturing Agenda for Modi 3.0
As Prime Minister Narendra Modi assumes office for the third term, his immediate priority will be to step up GDP growth and job creation. While the coalition government may not be able to take progressive reforms, the industry expects continuity in the policy process, says Rakesh Rao. But, will it be enough to change the manufacturing sector’s fortunes?Read more
Waaree Energies sends banned Chinese components in solar panels to US
Indian products accounted for 9.3% of US solar imports in the first 11 months of last year, up from 1.9% in all of 2022. Read more
Minda Corporation forms JV with Taiwan’s HCMF for sunroof and closure technology
The JV aims to provide cutting edge technology backed by the state-of-the-art manufacturing of sunroof and closure technology products for passenger cars by localisation in India.Read more
Godrej & Boyce announces motor components operations; eyes EV sector
Godrej & Boyce aims to double the revenue from the motor components business in the next three years.Read more
A real "hothead": Igus launches new SLS printing material
Igus offers iglidur i230, its first 3D printing material for polymer components that withstands temperatures of up to 110°C.Read more
Greaves Cotton ropes in Tsuyo to make components for low-speed 3-wheelers
This collaboration underscores Greaves Cotton's endeavour to leverage Tsuyo's expertise in electric vehicle technology and manufacturing machinery to enhance its capabilities in the electric L3 vehicle domain.Read more
Industrial growth drives hydraulics demand
Being a reliable option for various industrial applications, hydraulic equipment or components are witnessing robust demand due to the rise in industrialisation in developing countries, says a Straits Research report.Read more
Government allows 100 per cent FDI for manufacturing of components for satellites
Government allows 100 per cent FDI for manufacturing of components for satellitesRead more