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India's solar manufacturing capacity set to surge, aiming for 100 GW by 2025
According to a report by rating agency ICRA, India's solar photovoltaic (PV) module manufacturing capacity is anticipated to surge to over 60 GW by 2025, up from the current 37 GW.Read more
Fragile manufacturing industry recovery in 2025 reliant on prudent fiscal policies
The US and Europe are both on the brink of a short minor recession in 2024, as green shoots of a tentative recovery are seen elsewhere in the global manufacturing economy.Read more
Dassault, Reliance forges ahead to commence Falcon Jet production by 2025
Production is slated to commence at a rate of 18 aircraft per year, with the potential to scale up to 22 aircraft.Read more
Govt imposes nationwide ban on electric detonators starting April 2025
In a notification, the Department for Promotion of Industry and Internal Trade (DPIIT) has said that the central government is of the opinion that electric detonator is of a Read more
Indian Ministry focuses on empowering MSMEs through skill development
This transformation involves incentivising skills training for micro, small, and medium enterprises and offering customized courses to meet the demand for skilled workers within small businesses.Read more
DBS Bank India targets $1 bn SME loan portfolio by 2025
DBS India's SME portfolio stands at around Rs 5,000 crore, exhibiting a robust Compound Annual Growth Rate (CAGR) of 40% over the past three years.Read more
Mitsubishi Electric to set up AC, compressor manufacturing facility in Tamil Nadu
The government of Tamil Nadu and Mitsubishi Electric Corporation signed a memorandum of understanding (MoU) to build an air conditioner (AC) and compressor manufacturing plant in India. The 52-acre site will be set up in Thiruvallur District, Tamil Nadu.Read more
Canada officially becomes the partner country at Hannover Messe 2025
Isabelle Poupart, Minister and Deputy Head of Mission at Embassy of Canada to Germany, and Dr Jochen Köckler, Chairman of the Managing Board, Deutsche Messe AG officially signed the Memo of Understanding making Canada the partner country at Hannover Messe 2025 on April 17. Read more
Way to $ 1 trillion manufacturing economy?
In 2021-22, for the first time, India’s exports crossed $ 400 billion and this year, the country has set a target of $ 470 billion (a tall ask given the prevailing external environment).Read more
Next 10 years will offer India the greatest opportunity
Started in 1958, APAR Industries Ltd over the years has grown into a diversified company supplying products and solutions to over 140 countries. Today, the company is one of the world's leading manufacturers of aluminium and alloy conductor, the third largest transformer oil manufacturer and offers a wide range of speciality and renewable cables in India. In this interview with Rakesh Rao, Kushal Desai, CMD, APAR Industries, elaborates on how the company has grown over the years by developing prRead more