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India needs to strengthen ammunition sector to become defence manufacturing hub
In 2023, the global ammunition market was valued at approximately Rs 1.293 trillion, with heavy-calibre ammunition making up 53.48% of the demand. Read more
Government is making concerted efforts to grow defence exports
In this interview with Rakesh Rao, Cdr Gautam Nanda, Associate Partner - Aerospace & Defence, KPMG India, gives a brief of overview of the Indian Defence & Aerospace (D&A) industry and also highlights key challenges that the industry need to address.Read more
Railway modernisation presents big opportunity for SMEs
During a virtual discussion forum on railways, organised by the FIRST Construction Council (FCC), an infrastructure think-tank, industry experts highlighted business opportunities for industry (especially for SMEs) in the developing rail infrastructure segmentRead more
Service is the new growth engine for industrial manufacturers: KPMG report
KPMG International report - titled ‘The future of smart industrials’ - discusses the challenges manufacturers are experiencing with their current efforts and the capabilities that are needed for success, among other key insights on the sector.Read more
Sweden’s Munters acquires ZECO to strengthens its market position in India
ZECO will provide Munters with a strong platform to expand its dehumidification offering in the Indian market. Read more
India needs more renewable energy equipment manufacturers
India has added 9,327 MW of utility scale wind and solar capacity in last 12 months. The total renewable energy capacity is estimated at 66,650 MW as on September 30, 2019.Read more
