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FANUC India expands in Tamil Nadu with new Technology Centre in Coimbatore
The new 15,000 square foot centre aims to better serve the region's industrial needs.Read more
India's electronic manufacturing services market to reach $72.2 billion by FY27
Government initiatives such as production-linked incentive (PLI) schemes and the Semicon India programme are driving this growth.Read more
Tata's Rs 60 billion Hosur facility to start iPhone production in November 24
The Hosur plant is expected to house around 20 assembly lines and aims to employ approximately 50,000 workers, predominantly women, within the next two years.Read more
German industrial orders fall sixth consecutive month amid weak foreign trade
The most affected sectors were mechanical engineering and the automotive industry, with orders down 0.9% and 0.7%, respectively, from May. Read more
Tamil Nadu faces skills gap amidst rising graduate numbers joining the workforce
The state government’s Naan Mudhalvan scheme, aimed at creating entry-level jobs, has been praised, though experts suggest expanding its scope and involving more firms. Read more
MCE component localisation levels to rise 70% in 5-7 years; ICRA
The Indian mining and construction equipment (MCE) industry is the third largest in the world in terms of volumes sold, however, it imports nearly 50% of its component requirement (by value) from suppliers based out of China, Japan, and South Korea, among others.Read more
Frugal engineering can position India as the global leader in AI cases; Nilekani
Sarvam AI, a homegrown startup, has developed a Small Language Model (SLM) with two billion parameters, designed to be voice-enabled and multilingual, supporting 10 Indian languages. Read more
Aviation Minister Naidu aims to establish aircraft manufacturing in India
Currently, Boeing and Airbus dominate the global aircraft manufacturing industry, with market shares of over 40% and 60%, respectively. Read more
BoAt surpasses 50 million 'Made in India' products despite market slowdown
BoAt retains its position as the market leader with a 26.7% share, even though its shipments fell by 9.8% year-over-year. Read more
Danfoss India launches condensing unit to transform dairy sector
It is a solution to maintain optimal milk temperatures and enhance energy efficiency. Read more