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DPIIT grants PLI upgrade to Calcom under scheme for white goods

Following upgraded approval, Calcom has raised its investment pledge from Rs 100 million to Rs 250 million for expanding LED manufacturing capabilities.Read more

Lumax Auto Tech to fully acquire IAC India, boosting auto interiors presence

IAC India operates five manufacturing plants across India, with two located in Chakan, Pune, and one each in Manesar, Nashik, and Bangalore. It also houses a state-of-the-art engineering centre in Pune.Read more

The importance of project management to the Indian economy

Projects create assets, which are then used to produce goods and services, which then generate wealth. Time delays in projects not only lead to cost escalations, but also to delayed outputs, says R Jayaraman.Read more

Shyam Metalics forays into wagon manufacturing with new Kharagpur plant

In phase 1, the new Kharagpur manufacturing facility will have a production capacity of 2,400 wagons per annum, while phase II will double the output to 4,800 wagons annually.Read more

IMTMA to host Symposium on Automation & Robotics 2025 on June 4-5 in Pune

The symposium aims to address the real-time benefits and applications of automation in smart manufacturing.Read more

Renesas boosts India presence with R&D hubs and chip startup partnerships

MOUs with Indian Government and New Offices Mark Growth in Key Semiconductor HubsRead more

Analysing India’s clean energy goals: Kumar Shivam

India's clean energy ambitions are among the most aggressive globally and success in this arena is not only crucial for the country’s own sustainable development but also pivotal for global climate change mitigation, says Kumar Shivam, Area Sales Manager, Axitec Energy India.Read more

India eyes $3 trillion industrial opportunity by 2035

Omniscience Capital emphasised that higher domestic consumption—fuelled by rising per capita income—and India’s target of $1 trillion in merchandise exports by 2030 will be major growth drivers. Achieving this will require a 12% annual growth in exports, up from the current $450 billion. Notably, India’s merchandise exports have shown strong momentum, growing at an 18.8% CAGR over the past three years.Read more

PLI schemes have had a major impact on several Indian sectors: Abhishek Malik

By encouraging domestic manufacturing, these programs have raised output, created jobs, and increased exports. Additionally, they have drawn large investments from both domestic and international firms, comments Abhishek Malik, Executive Director, Calcom Limited.Read more

Enhancing safety in high-risk industries: Suresh Tanwar

Similarly, it is crucial to invest in the training of the workforce and safety awareness. Safety must commence on the first day of employment, irrespective of the type of job or contract, remarks Suresh Tanwar, Senior Head- Audit and Consultancy, British Safety Council, India.Read more

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