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Electronica India, productronica India shine spotlight on Indian electronics industry
Trade fairs electronica India and productronica India, held from September 13 to 15, 2023, witnessed 39,133 visitors and over 1,800 buyer-seller meetings. Events shaped the future of electronics manufacturing with special focus on emerging segments such as semiconductor manufacturing, display manufacturing and electric vehicles.Read more
MOLDEX, FASTNEX India 2024 shapes future of moulding, fastener excellence
Messe Stuttgart India unveil MOLDEX India 2024 and FASTNEX India 2024, from January 19 to 22, 2024 at the Bangalore International Exhibition Centre (BIEC). It co-locates with IMTEX Forming, Tooltech, Digital Manufacturing, and WELDEXPO 2024.Read more
Investments push spurring growth in railway segment
With rail infrastructure expecting an investment of Rs 50 trillion by 2030, players in this sector will have abundance of opportunities to scale new heights.Read more
Remswegs Marketing aims for 25% growth in FY24
The company is into hydraulics, welding, bearings and lubricants which are needed in all industriesRead more
Volvo to phase out diesel models by early 2024 in pursuit of electrification by 2030
Although a significant proportion of Volvo's European sales comprised diesel vehicles as recently as 2019, this figure dropped to a mere 8.9% of the company's sales in 2022.Read more
India to offer $2.2 bn incentives for manufacturing growth in six sectors
This initiative forms part of India's 1.97-trillion-rupee production-linked incentive scheme (PLI), which was inaugurated in 2020. Among the six sectors poised to join the PLI scheme are toys, bicycles, leather, and footwearRead more
Honeywell’s digitalisation technologies to support American Battery Factory’s new gigafactory
Honeywell will provide the largest lithium iron phosphate battery gigafactory in the US with central controls and digital visualisation to increase operational efficiency, enhance safety and drive more energy-efficient production.Read more
Naveen Jindal eyes African Venture, Steel Mill in Nigeria, Power Plant in Botswana
In this endeavour, Vulcan Steel, a privately held entity under the Jindal family's purview, has committed to constructing a steel plant with an annual production capacity of 3 million metric tonnes (mtpa).Read more
Indian auto component exports at risk amid UAW Strike in the US
Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.Read more
Sterlite invests $56 million in US fiber facility, targets 10-12% market share
This facility will also serve as the company's North American headquarters, marking a significant milestone for Sterlite.Read more