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Schaeffler to lay off 4,700 jobs amid challenges in Europe’s auto sector

Overall, the job cuts will affect around 3.1% of Schaeffler's workforce of 120,000, which increased after its merger with electric powertrain specialist Vitesco.Read more

Six industries drive over half of India’s formal manufacturing GVA: NSO

In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.Read more

The Rise of India’s Construction Equipment Industry

Driven by increased government spending, rapid urbanization, technological advancements, and the 'Make in India' initiative, the RAHSTA (road) ahead for the construction equipment (CE) industry is bright with full of possibilities and opportunitiesRead more

Half of the cyberattacks target government and industry: Positive Technologies

In 2024, the share of incidents involving malware in the country increased by 11%, while the use of ransomware rose by 22%.Read more

Logistics blockchain and IoT revolutionising the industry

The integration of blockchain and IoT holds significant promise for overcoming challenges like inefficiencies, lack of transparency, security concerns, and complex supply chains. IoT devices enable real-time tracking of shipments, allowing companies to monitor their products from the point of origin to their final destination.Read more

BYD shifts to import-only strategy in India amid FDI challenges

BYD currently imports three models from China and believes this strategy will sustain its operations in the near term.Read more

Five ways advanced robots are solving construction industry challenges

From cobots to computer vision, robotics professionals and construction managers have forged a lifelong bond. Advanced construction robotics are the single best contributor to industrial progress in the modern era, says Emily Newton.Read more

India is emerging as a global manufacturing hotspot; CBRE

The total warehousing demand from manufacturing-related sectors has substantially increased, growing from 15% in 2019 to 25% in H1 2024.Read more

Eplan Network 2024 and Eplan Design Challenge to be held in Bangalore and Pune

Eplan Network 2024, along with Eplan Design Challenge, will be held at Bangalore on 23 October 2024 and Pune on 21 November 2024. The last date for project submission for Eplan Design Challenge is 14 October 2024. Read more

Harnessing the sun: How solar panels revolutionise energy in India

One of the most remarkable aspects of solar power in India is how vast tracts of barren, unproductive land are being transformed into green, energy-producing hubs.Read more

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