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A motor that reduces dependence on Chinese raw materials
The ferrite magnets used in these motors are supplied by Mahindra group’s CIE Automotive.Read more
India must emerge as an innovation-driven economy: Baba Kalyani
In this message, on the occasion of India's 78th Independence Day, Baba Kalyani, Chairman & MD of Bharat Forge Ltd, emphasises on India's journey towards becoming a global leader and the manufacturing sector's role in Viksit Bharat 2047.Read more
Amazon India partners with Gentari to deploy 10,000 EVs by 2025
By the end of 2023, Amazon India had already deployed over 7,200 EVs and is on track to meet its target of 10,000 EVs by 2025.Read more
India targets key sectors to reduce import dependence under IPEF
The sectors under scrutiny include chemicals, automobiles, pharmaceuticals, advanced technology, electronics, and critical minerals, all deemed vital for national security and economic resilience.Read more
India's composite PMI falls to 60.7; depicts healthy economy
While global manufacturing faces headwinds, India’s economic sectors, particularly manufacturing and services, continue to demonstrate significant growth and resilience.Read more
Deputy Air Chief inducts chaff manufacturing plant to cut import dependence
Established under the Make in India initiative, this facility will produce various chaff sizes for aircraft such as the Mirage 2000 and MiG 29.Read more
DPIIT raises $1.4 billion in tyre investments from global players
The DPIIT has also urged other ministries to take similar steps to promote domestic manufacturing in sectors under their purview, as has been done with toys and tyres.Read more
Lava to detach manufacturing arm into independent entity
Lava, which has struggled to meet its PLI targets since the scheme's inception in 2020-21, is optimistic about a turnaround with the new incentive package for component production.Read more
ABB’s PixelPaint chosen by Mahindra to deploy services at EV paint facility
M&M will be the first OEM in India to use PixelPaint technology for the painting of contrasting roofs and pillars. Read more
GMDC and GUVNL to boost Gujarat’s energy security amidst growing power demand
The State of Gujarat has been witnessing a huge surge in the power demand which has been growing at a CAGR of more than 6 % since last 5 years. Read more