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India’s Top 100 Engineering Companies

Despite a slowdown in some of the major global markets amid geo-political tensions, India's engineering exports edged up to $ 109 billion in 2023-24 (2.13 per cent more than $ 107.04 billion in 2022-23). In this edition, Smart Manufacturing & Enterprises (SME) presents India's Top 100 Engineering Companies who have out-performed their peers in FY24 and have emerged as the winners in 2024 list.Read more

Indian tyre exports surge 17% in Q1 FY25; reach Rs 62.19 billion

In terms of export volumes, Passenger Car Radial (PCR) tyres led the category, followed by Motorcycle and Farm/Agri tyres in Q1 FY25. Read more

India is redefining its defence manufacturing identity

This trend underscores India’s strengthening role in the global manufacturing landscape, with the defence sector playing a pivotal role.Read more

PM Modi encourages boosting Indian manufacturing

Prime Minister Modi emphasised the importance of enhancing the quality of Indian products to ensure they meet global standards.Read more

Global disruptions offer chance to enhance defence manufacturing capabilities

The CDS called for collaboration among the services, defence industries, and scientists, including academia, to further the nation’s self-reliance objectives. Read more

Rangarajan alerts against inefficient ‘Import substitution’ in Atmanirbhar boost

India aims for an average annual real growth rate of 6-7% to achieve a per capita income exceeding $13,000 by 2024. Read more

DDP launches 5th positive indigenisation list of 346 defence items

DPSUs such as Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Bharat Dynamics Limited (BDL) will lead the indigenisation of these items through various routes, including the 'Make' procedure and in-house development, involving industry players and MSMEs.Read more

TDF schemes to encourage 'Aatmanirbharta' in public & private defence industries

So far, 77 projects have been sanctioned to various industries, with a commitment of over Rs 3 billion.Read more

Tata Hitachi to invest Rs 2 billion in manufacturing plants for FY25

The company, a 40:60 joint venture between Tata and Hitachi of Japan, aims at ramping up localisation levels to 70% over the next 2-3 yearsRead more

How to build India’s global manufacturing capabilities?

The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.Read more

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