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Crossing the $2 trn export barrier

The Government of India has set a target of tripling annual exports to $2 trillion within five years to boost economic growth, increase the contribution of manufacturing sector to GDP and create jobs for the country's youth.Read more

Bank GNPAs may touch low of 4% by FY24; MSMEs remain a concern area

Gross non-performing assets (GNPAs) of corporate segment is likely to fall below 2% next fiscal from a peak of 16% as on March 31, 2018; GNPAs of MSME (micro, small and medium enterprises) segment may rise to 10-11% by FY24 from approximately 9.3% as on March 31, 2022, says CRISIL Ratings.Read more

RadCAM offers economical and flexible punching machines

Users of punching machines are frequently compelled to modify their tool configuration and output in order to conform to the turret configuration provided to them.Read more

Adaptation to digitalisation has helped them to secure market position

B&R Automation offers a complete automation solution that provides maximum flexibility and economic efficiency. In an interview with Trishna Mirajkar, Himanshu Sharma, Head – Marketing & Corporate Communication, B&R Automation, elaborates on adoption of digitalisation and Industry 4.0Read more

A well-rounded affair: Low-deformation workpiece clamping

SCHUNK offers the assortment of gripping systems and clamping technology from one source, and with 2,550 SCHUNK grippers the largest product range of standard gripping components on the market. Read more

Salzgitter AG establishes "Circular Economy" as a corporate goal

Salzgitter AG is planning to establish the Group as an independent market leader for circular economy solutions with innovative products and processes. Achieving this goal can only be successful together with strong partners and networks.Read more

German machinery exports reach pre-Covid level

Despite many disruptions in the supply chains, machinery and plant manufacturers from Germany were able to significantly increase their exports last year.Read more

Business Environment Set for Growth

The share of manufacturing in India's GVA (Gross Value Added) has seen a gradual fall in the last one decade despite a surge in private consumption demandRead more

Budget 2022 - Economic Survey: Industrial sector to expand 11.8% in 2021-22

According to the Survey, investment, as measured by Gross Fixed Capital Formation (GFCF) is expected to see strong growth of 15% in 2021-22 and achieve full recovery of pre-pandemic level.Read more

Euromac punching machines: Economical yet flexible

Euromac punching machines - offered by RadCAM Technologies in India - have lowest energy consumptions in the market and these maintenance-free equipment will assure an industry best RoIRead more

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