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Bharat Forge Class-8 truck orders in North America fall to 14-month low

The defence-to-auto component-supplier Bharat Forge has presence in the class 8 trucks market in North America. Bharat Forge late last month had announced an additional investment of $40 million in Bharat Forge America.Read more

Critical EV components to be localised by 2030

Achieving 100% localisation in India is not feasible due to the scarcity of certain rare earth materials, limited lithium-ion mining, and low levels of electronics manufacturing.Read 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

Manufacturing Agenda for Modi 3.0

As Prime Minister Narendra Modi assumes office for the third term, his immediate priority will be to step up GDP growth and job creation. While the coalition government may not be able to take progressive reforms, the industry expects continuity in the policy process, says Rakesh Rao. But, will it be enough to change the manufacturing sector’s fortunes?Read more

Minda Corporation forms JV with Taiwan’s HCMF for sunroof and closure technology

The JV aims to provide cutting edge technology backed by the state-of-the-art manufacturing of sunroof and closure technology products for passenger cars by localisation in India.Read more

Greaves Cotton ropes in Tsuyo to make components for low-speed 3-wheelers

This collaboration underscores Greaves Cotton's endeavour to leverage Tsuyo's expertise in electric vehicle technology and manufacturing machinery to enhance its capabilities in the electric L3 vehicle domain.Read more

Moulding the future of manufacturing

Despite the global turmoil, the Indian tooling industry performed exceptionally well in 2023. With emerging segments (like electric vehicles, railways, aerospace, etc) opening up new avenues of growth, Indian tool makers are expecting an even more successful 2024, says Rakesh Rao. Read more

At Dana, sustainability is a guiding vision and not just a goal

In this interview with Rakesh Rao, Gajanan Gandhe, Country Head and Vice President of Dana India, explains how the auto component manufacturer is helping auto makers in achieving their Net Zero goals.Read more

PLI scheme: Need for a course correction

The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more

India triumphs in Global Manufacturing, BCG Study Reveals

A BCG study titled 'Navigating the Transformative Shifts in Global Manufacturing’ revealed a remarkable surge of $23 billion in exports to the US, a staggering 44% increase from 2018 to 2022.Read more

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