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Iris Global supplies 1700 Lenovo tabs to RKS Corporation for UNDP, Cambodia
the tender was floated by the UNDP for the supply of 1700 tablets to Cambodia and the tender was won by a partner of Iris GlobalRead more
SCHUNK develops quick change pallet system for AM applications
The module can also be used for works in an inert gas atmosphere and it can be operated with this gas. The VERO-S NSE AM mini 78-20 can be fully integrated into the machine table and can be combined with further modules.Read more
HARTING joins MIT’s Industrial Liaison Program
This participation will support company endevours to offer better solutions to their partners worldwide.Read more
Budget 2021's focus on economic revival to increase demand for automobiles
While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more
Intech Additive launches large format metal 3D printers iFusion LF series
Poeir Jets, India's first manufacturer of micro-Jet engines, selects Intech's LF machines to make parts for its heavy-lift drones. The iFusion LF series has a range that starts with a single 500W laser printer and is upgradeable to a quad laser configuration with 700W and 1000W lasersRead more
Budget 2021: Infra push to generate demand for manufacturing sector & MSMEs
By allocating Rs 5.54 trillion for infrastructure development, budget 2021-22 aims to generate demand for the manufacturing sector, especially MSMEs. Read, how companies are reacting to the budget. Read more
Budget 2021-22: On reform and rationalisation path
Fiscal deficit in RE 2020-21 is pegged at 9.5% of GDP, while fiscal deficit in BE 2021-2022 is estimated to be 6.8% of GDP. Intends to reach a fiscal deficit level below 4.5% of GDP by 2025-2026 with a fairly steady decline over the period.Read more
Budget 2021 aims to rationalise duties; proposes changes to benefit MSMEs
To benefit MSMEs, budget proposes to increase duty on steel screws, plastic builder wares and on certain auto parts. The budget 2021 proposes to review 400 old exemptions in the custom duty structure this year.Read more
Budget 2021 to boost public transport; Railways to spend Rs 1.07 trn in capex
The government plans to deploy two new technologies i.e. MetroLite and MetroNeo to provide metro rail systems at much lesser cost with same experience, convenience and safety in Tier-2 cities and peripheral areas of Tier-1 cities. Read more
FM increases capex by 34.5% in Budget 2021-22 to Rs 5.54 trillion
In addition, more than Rs 2 trillion will be provided to states and autonomous bodies for their capital expenditure during the year. Indian Railways to spend Rs 1.07 trillion for capital expenditure in 2021-22.Read more