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PM Modi inaugurates Boeing’s largest campus outside USA in Bengaluru, India
Prime Minister Modi advocates for building an aircraft manufacturing ecosystem in India during the inauguration of Boeing's new campus in Bengaluru, highlighting the nation's potential and government's support for the industry.Read more
IIT Madras raises Rs 5.13 billion for technology R&D in FY 2023-24
IIT Madras raised a record-breaking Rs 5.13 billion in funding during FY 2023-24 from alumni, industry, and individual donors, with an additional Rs 7.17 billion in pledges. The funds will be utilized for technology research, student scholarships, and infrastructural development.Read more
India to commence T100 carbon fibre manufacturing in 2.5 years
India aims to produce T100 carbon fibre domestically within 2.5 years to circumvent import restrictions, facilitating its use in strategic applications such as aerospace, defense, and civil engineering.Read more
Wipro Hydraulics signs agreement to acquire Novacap company Mailhot Industries
Wipro Hydraulics, a division of Wipro Infrastructure Engineering, has inked a deal to acquire Mailhot Industries, a Novacap company based in Quebec, Canada, known for its expertise in hydraulic cylinder manufacturing, particularly in refuse trucks and snow removal equipment. Read more
Lam Research expands semiconductor fabrication equipment supply chain in India
The Ministry of Electronics and IT is in pursuit of developing a downstream ecosystem with industries that utilise output to manufacture finished products, including equipment manufacturing.Read more
IIT-Madras bred start-up, Mindgrove develops India’s first secure IoT
It will allow Indian Original Equipment Manufacturers to use an Indian SoC in their products and help reduce the cost of their feature-rich devices.Read more
IIT Bhilai partners with TeamLease EdTech to launch advanced eMasters programs
The move is developed in collaboration with TeamLease EdTech, is designed to equip working professionals with advanced skills to lead innovation in these rapidly evolving fields.Read more
HP India to start laptop assembly in India with Dixon & VVDN Technologies
In India, HP India is the largest PC player across all segments, holding a 31.5 per cent market share in 2023, according to IDC Research.Read more
Growth, despite global constraints
India’s manufacturing activity (with Purchasing Managers' Index at 58.8) witnessed a dip in April 2024 from the 16-year high in March 2024 (PMI at 59.1).Read more
ARTPARK: Transforming India's tech landscape with AI and robotics
Established in 2020 at the Indian Institute of Science (IISc) campus in Bengaluru, ARTPARK serves as a convergence point for startups, industry leaders, researchers, governmental bodies, and non-profits, nurturing innovation and fostering skill development for future professionals in advanced manufacturing by 2025.Read more