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First IPF Industrial Excellence Forum (IIEF) lauds innovations in 5 categories
The first IIEF hosted conferences for discussing relevant topics like strategies to move ahead in the new normal and deliberated on SME readiness as manufacturing is growing in India due to the global move from China to India. While during the IPF Awards, the IIEF recognised new product innovations to upholding ‘Make In India’. The IIEF was hosted virtually and received favourable industry responseRead more
India’s GDP to grow 11% in 2021-22: Economic Survey
V-Shaped economic recovery to be driven by mega vaccination drive, robust recovery in the services sector, robust growth in consumption and investment. Agriculture to clock 3.4% growth in 2020-21, while industry and services to contract by 9.6% and 8.8% respectively.Read more
Budget 2021 needs to take steps to improve skilling in India: Sumit Kumar
According to Sumit Kumar, Vice President – NETAP, TeamLease, budget 2021 needs to focus on fast tracking NEP implementation, introduction of National Apprenticeship Promotion Scheme (NAPS) 2.0 and easing of license raj to achieve the ambition of 50 per cent GER by 2035Read more
MSMEs must grow their appetite for new technology: Ravichandran Purushothaman
Ravichandran Purushothaman, President, Danfoss India, expects more budgetary provisions for this bourgeoning sector, to build an institutional mechanism to implement the technological transformation process pan India and enable the industry to build skill and capacity.Read more
Welcome to IIEF 2021: The industry extravaganza
From January 1, 2021, nearly every major automobile company in India has announced a price hike due to an increase in various input costsRead more
Mahindra Logistics partners with 1Bridge for last-mile delivery
The new partnership aims to explore rural IndiaRead more
L&T bags mega EPCC contract from HPCL Rajasthan Refinery for new cracker unit
The Dual Feed Cracker Unit (DFCU) is the biggest EPCC contract awarded in the country to date in the refinery and petrochemical sector. L&T Hydrocarbon Engineering will be responsible for setting up a DFCU having capacity of 890 KTPA for Rajasthan Refinery Project at Barmer.Read more
High steel prices hammering growth of Indian forging industry: AIFI
Steel is the basic raw material for the forging industry and typically constitutes 60-65% of the ex-factory value of forgings. Association of Indian Forging Industry (AIFI) urges government to ban exports of steel and iron ore for the next six to eight months.Read more
SCHUNK offers clamping stations with compact dimensions
The mini clamping stations lock in a self-retaining and form-fit manner via spring package. They do not consume any energy when actuated.Read more
What Are the Advantages of Progressive Die Stamping?
With a range of benefits  from more durability to cost-savings  progressive die stamping is the best way to produce countless geometries from a sheet of metal, says Megan Ray Nichols.Read more