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“As pace of automation improves, demand for MHEs will grow”

Goods & Services Tax (GST) has helped companies to streamline their distribution by consolidating their warehouses. Role of warehouses is primarily to handle goods and most businesses use equipment such as pallets to manage their storage and movement.Read more

Demand for pallets on lease to go up to 4 million: LEAP India

LEAP India, which has deployed Rs 400 crore of equity and debt so far in to pallets and foldable large containers (FLCs), expects current pallets deployed to grow to 4 million in the near future.Read more

Industry 4.0 can leapfrog Indian manufacturing

The government is hoping India to become the fifth largest manufacturing country in the world by the end of year 2020 through Make in India initiative. K Shankar feels that a digital push to Industry 4.0 as a policy will allow the country to achieve this highly ambitious goal. Read more

GE & Tata Group to make LEAP engine components

Global engineering major GE and Tata Group, India’s leading global enterprise, have signed an agreement to manufacture CFM International LEAP engine components in India, for the global supply chain. The two companies also announced their intention to jointly pursue military engine and aircraft system opportunities for the India market. The LEAP engine is the world’s leading jet engine known for its technological superiority, efficient fuel consumption, performance for powering siRead more

Evolution of Indian manufacturing is the key to innovation

Ashwin Dhingra, Managing Director and CEO, MACHT Technologies Pvt Ltd, says that given India’s large pool of engineering manpower, the country’s manufacturing sector has the potential to overtake IT as the primary creator of jobs and revenue by several times. The Ghaziabad (Uttar Pradesh)-based MSME, MACHT provides solutions to the automobile and precision engineering industry in design and manufacture of machines tools, modular units, automation systems, tooling, jigs and fixturesRead more

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