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US-Based GS Precision & Jeh Aerospace to make aero-engine parts in Hyderabad
This partnership also capitalises on India's robust talent pool and reinforces the concept of ‘friendshoring’ critical components within the United States aerospace industry.Read more
Wipro 3D and ISRO pave the way for sustainable space exploration
Dr V Narayanan, Director of Liquid Propulsion Systems Centre (LPSC), ISRO, lauds Wipro 3D for achieving phenomenal milestone in rocket engine manufacturingRead more
Nonconventional routes to MSME financing
Despite playing a vital role in the economy, micro, small and medium enterprises (MSMEs) often struggle to access affordable financing necessary for their growth. In this article, Rakesh Rao explores some non-traditional routes to ease funding pressure on MSMEs.Read more
KONE has the largest and fastest elevators in the tallest building in India.”
In this interview with Pratap Padode, Editor-in-Chief, Smart Manufacturing & Enterprises (SME), Amit Gossain, MD, KONE Elevator India, highlights the importance of safety and sustainability in the elevators and escalators industry, along with new growth opportunities.Read more
Honeywell Forge launches AI-enabled software to accelerate digital transformation
Honeywell Forge Performance+ for Utilities delivers near real-time insight to help utilities improve grid operation and address variability associated with new energy sources. Read more
RHI Magnesita India reports 8% Y-o-Y rise in Q4 FY 23-24 revenue
The total income of the company stands at Rs 37.92 billion; up 38% Y-o-Y.Read more
Global cobot market exceeds $1bn in 2023; strong growth forecast 2024-28
There has been a clear shift from individual to holistic solutions.Read more
Madan Sabnavis: The major problem for SMEs is their low credit worthiness
In this interview with Pratap Padode, Editor-in-Chief, Smart Manufacturing & Enterprises (SME), Madan Sabnavis, Chief Economist, Bank of Baroda, discusses the status of the private investment cycle, key pain points of SMEs, and some probable solutions.Read more
Gandhi Automations launches self-repairing clean room high speed doors
Manufacturing facilities across various sectors now rely on cleanroom environments to minimise dust and contamination during production.Read more
Why MSMEs want a review of Section 43B(h)?
Section 43B(h) of Income Tax Act - mandating payment to micro and small enterprises (MSEs) within 45 days of supply - was welcomed when announced in Budget 2023-24. However, MSEs are now facing a peculiar problem of losing orders from large firms because of it. Rakesh Rao explores more on this issue and the road ahead.Read more