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Indian pharmaceutical industry to expand by 9%; surpass $70 billion by FY27

Between FY13 and FY18, Indian pharma companies faced severe regulatory challenges that adversely impacted their operations and ability to launch new products in regulated markets. Read more

Increased scrutiny by US FDA: A boon or bane Indian pharmaceutical sector

Even with the surge in USFDA-approved manufacturing sites in India, the proportion of Official Action Initiated (OAI) observations by the USFDA has stayed consistent at 10% of total inspections in CY23. Read more

JK Tyre receives ISCC Plus Certification; first Indian tyre manufacturer

The company received this certification for their sustainable operations at their Chennai based production plant. Read more

Ansys & IIT Bombay’s SINE Collaborate to support tech startups

Ansys will provide an evaluation or trial license for three months to the startups associated with SINE and will support them for the same.Read more

Aegeus Technologies raises undisclosed amount from Caspian Debt

Aegeus Technologies has raised venture debt for its working capital and expansion requirements.Read more

Skoda-VW hits 1.5 million production mark in India

In addition to its vehicle manufacturing success, SAVWIPL's Engine Shop produced over 380,000 engines to date in the last ten years. These engines rely heavily on components sourced within India.Read more

Astute Synergies Pvt Ltd aims to disrupt CBG market with solutions; cut costs by 40%

The company is targeting to achieve 40% reduction in the installation costs of CBG plants.Read more

Why MSMEs want a review of Section 43B(h)?

Section 43B(h) of Income Tax Act - mandating payment to micro and small enterprises (MSEs) within 45 days of supply - was welcomed when announced in Budget 2023-24. However, MSEs are now facing a peculiar problem of losing orders from large firms because of it. Rakesh Rao explores more on this issue and the road ahead.Read more

United Grinding unveils automation solution at GrindingHub

At GrindingHub 2024, the United Grinding Group unveiled a mobile transport robot that effortlessly maneuvered between the Helitronic Vision 400 L high-end tool grinding machine and the fully automatic Helicheck Plus measuring machine.Read more

Hannover Messe 2024: Powering Sustainable Manufacturing

At Hannover Messe 2024, 4,000 exhibitors from all over the world presented their innovative, futuristic solutions to more than 130,000 visitors from 150 countries. The event offered a comprehensive picture of technologies that are crucial to drive the agenda of sustainable manufacturing, reports Rakesh RaoRead more

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