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New safety regulations for machinery to impact MSMEs; GTRI
The regulations will impact around 90% of the estimated 150,000 manufacturers, affecting over 50,000 types of machinery, including critical industrial equipment such as pumps, compressors, cranes, and transformers.Read more
India’s Top 100 Engineering Companies
Despite a slowdown in some of the major global markets amid geo-political tensions, India's engineering exports edged up to $ 109 billion in 2023-24 (2.13 per cent more than $ 107.04 billion in 2022-23). In this edition, Smart Manufacturing & Enterprises (SME) presents India's Top 100 Engineering Companies who have out-performed their peers in FY24 and have emerged as the winners in 2024 list.Read more
Nearly 2,000 drug manufacturing plants overdue for FDA inspections post-COVID
These overdue inspections affect about 42% of the 4,700 registered drug manufacturing plants that were reviewed by the FDA before May 2019.Read more
ZETWERK gets ARAI certification for Made in India 60kW & 120kW DC fast chargers
ZETWERK is currently engaged in R&D to expand its product offerings and is currently working on next-generation Super DC Chargers with capacities of 240kW and 360kW.Read more
Minda Corp signs TLA with Sanco to offer EDS solutions for EVs
Under this agreement, Minda Corp & Sanco will locally develop EV connecting systems, charging gun assemblies with sockets and accessories, bus bars, cell contact systems, Power Distribution Units (PDU) and Battery Distribution Units (BDU).Read more
Over 1,300 units operational under PLI scheme; to generate jobs
Preliminary calculations suggest that the production of Rs 10 trillion under the PLI scheme should translate to incentives worth Rs 500 billion.Read more
Chinese imports of umbrellas and musical instruments are hurting MSMEs; GTRI
The report details that China supplies 95.8% of India’s umbrellas and sun umbrellas, 91.9% of artificial flowers and human hair products, 59.7% of glassware, 54.3% of leather goods, and 52.5% of toys. Read more
AIIMS to establish medical device centre in collaboration with Osaka University
The AIIMS administration has now requested a budget of Rs 3 billion from the Union Health Ministry, with the land for the centre already finalised and the government providing in-principle approval.Read more
BPCL plans major refining and petrochemical expansion in next 5-7 years
The petrochemical projects at Kochi and Bina are expected to be operational by 2027 and 2028, respectively.Read more
Lube Automatic Systems inaugurates new corporate office
Lube Automatic Systems is the sole distributor in India of centralised lubrication systems for machine tools and plastic injection moulding machines and consumables.Read more