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The market has definitely revived post-Covid

From its humble beginning in 1979, Bohmen Industries today offers a wide variety of position switching devices catering to various industries. Post-Covid, the company is seeing a good demand due to a reduction in competition from the unorganised sector as well as a definite aversion for cheap imported alternatives, reveals Abhishek Bohra, Partner, Bohmen Industries.Read more

Mallcom is growing its PPE business with new products

Today, Mallcom is a well-known player in the field of personal safety sector as it produces numerous products for head-to-toe protection such as helmets, face masks, garments, rainwear, leather gloves, nitrile gloves, shoes, etc. Being a fully integrated manufacturer and brand owner gives Mallcom an edge over the others. They not only sell but manufacture most of the products that help them command price and quality as stated by Giriraj Kumar Mall, Executive Director, Mallcom India Ltd.Read more

Budget 2022 - Customs duties rejigged to promote Make in India & exports

Concessional rates on capital goods to be gradually phased out and attract a moderate tariff of 7.5%. More than 350 entries to be phased out from customs duty exemption to promote Make in India and Aatmanirbhar Bharat. Graded duty rate structure to boost domestic electronics manufacturingRead more

3i EXPO Webinar - “Automation: The key tool to gain competitive edge”

The first virtual discussion panel - as a part of the webinar series for 3i Expo 2022 - focused on opportunities for India in the post Covid world and importance of modern manufacturing technologies to achieve the goals of Aatmanirbhar Bharat mission, writes Rakesh Rao.Read more

New govt incentives to boost semiconductor manufacturing

The proposed incentives are worth Rs 760 billion over the next six years and provides 25% incentives on capital expenditure for establishing unit of Compound Semiconductor Wafer Fabrication (FAB), assembly, testing, and packaging facility in the country.Read more

BUDGET 2022 - Alain SPOHR: Support companies investing in India and R&D

Introducing production linked incentives for railway manufacturers and exporters promoting Make-in-India would be encouraging, says Alain SPOHR, Managing Director, Alstom India & South Asia.Read more

Syrma SGS Technology receives MeitY award

The Ministry of Electronics and Information Technology (MeitY) recognised Syrma SGS Technology Limited with an appreciation award for its outstanding contribution in IoT products manufacturing in IndiaRead more

Schneider Electric kicks off Innovation Summit India 2021

Brings together policy makers and key industry leaders to discover digital solutions towards ‘building a sustainable and resilient future with AatmaNirbhar Bharat’ Read more

Govt extends Credit Guarantee Scheme for Subordinate Debt till March 2022

The scheme - launched on June 24, 2020 to provide credit facility through lending institutions to the promoters of stressed MSMEs - was to end on September 30, 2021. Read more

Alstom begins production of trains for Delhi-Ghaziabad-Meerut RRTS

210 advanced modular regional commuter and transit train cars are getting manufactured at Alstom’s factory in Savli, Gujarat. The RRTS trains are 100% indigenously manufactured with over 80% localisation.Read more

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