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Government approves new EV policy to attract big investment in manufacturing
As per the policy, electric vehicle maker will have to make minimum investment of Rs 4150 crore to set up manufacturing facilities in India, and 50 per cent domestic value addition to be reached within 5 years at the maximumRead more
Female Apprenticeship surges 20X, driving diversity in manufacturing & services
This surge in female apprenticeship enrollment not only reflects the growing momentum towards gender equality but also signifies a paradigm shift in the roles women are undertakingRead more
JLL expects manufacturing space leasing to reach 16 million sq ft by 2024
According to JLL the total leasing of manufacturing space has increased 4.5 times, from 3.2 million sq. ft in 2020 to 13.8 million sq. ft in 2023Read more
Revent along with ECS Mobility opens manufacturing facility in Haryana
The new facility, which will cater to the needs of automotive and non-automotive segments, will manufacture ring gear on flex plates, ring gears on flywheels, independent ring gears, and ring gears assembled with flywheels and flex plates.Read more
Axalta reveals Starry Night as 2024 Global Automotive Color of Year
Dynamic black shade evokes depths of our universe and space exploration. Latest edition marks decade since Axalta launched its first automotive color of the year Read more
Rajeev Chandrasekhar launches FutureLABS at C-DAC Thiruvananthapuram
“Centre for Semiconductor Chips & Systems for Strategic Electronics”, will be playing a crucial role in catalysing an ecosystem for next generation chip design, manufacturing, and researchRead more
JSW Group, MG Motor India to launch JV on March 20, Eye Rs 5000 cr investment
The aim of the joint venture is to increase its manufacturing and retail footprint in India. JSW Group is a domestic multinational conglomerate while MG Motor India is owned by Chinese automotive manufacturer SAIC MotorRead more
Evolving Manufacturing Trends: A Glimpse into 2024
Traditional manufacturing methods are being redefined by the rise of smart factories. By 2024, these establishments will have integrated systems, artificial intelligence (AI), and the Internet of Things (IoT) in place to coordinate smooth, self-sufficient operations, says Frans Van NiekerkRead more
Tata Motors achieves 1 millionth car roll-out from Sanand facility in Gujarat
The Sanand plant was established in 2010 spread across 1100 acre – 741 acre (TML) and 359 acre (Vendor Park) with over 6000 direct and indirect employees, has been instrumental in Tata Motors’ growth and successRead more
Govt approves Rs 10,037 crore UNNATI scheme for North East industrial development
The UNNATI scheme aims to generate gainful employment, leading to the overall socio-economic development of the North East regionRead more