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Forging is a crucial element for success in industries
Forging is considered to be an indispensable process in the manufacturing industry due to its ability to offer precision & versatility, meet the stringent demands of various applications, and enhance material properties. These attributes collectively position forging as a crucial element for success in industries that demand high-performance, reliable components, states Vikas Bajaj, President, Association of Indian Forging Industry (AIFI) and MD & CEO, Bajaj Motors. In this interveiew with RakesRead more
Belagavi Aerospace Cluster manufactures components with least carbon footprint
Founded in 2006 and nurtured as a unique, diversified contract manufacturing company, Aequs, provides vertically integrated product solutions across the Aerospace, Toys, and Consumer Durable Goods industries. Rohit Hegde, President, Consumer Verticals, Aequs in this interview provides insights on company’s sustainable manufacturing practices.Read more
Odisha approves procurement policy to boost small manufacturing enterprises
This new policy aims to enhance the business activities of 'Odisha Small Manufacturing Enterprises' by favoring the procurement of their manufactured goods by State Government establishments.Read more
Kirloskar Oil Engines advocates strengthening India's Manufacturing IP for Global Edge
The company achieved revenues of Rs 4,073 crore in FY23, and Gauri, the fifth-generation Kirloskar involved in the business, emphasised the pivotal role of intellectual capital in India's growth trajectory.Read more
Jeh aerospace unveils aerospace manufacturing hub in Hyderabad
Spanning an impressive 160,000 square feet, this facility is geared towards providing advanced manufacturing solutions to the aerospace and defence sector.Read more
JSW's $4.81 bn investment powers up India's EV Manufacturing Hub in Odisha
JSW Group plans to allocate 250 billion rupees for an EV battery manufacturing plant and an EV components plant in the initial two phases of its investment strategy.Read more
Indian Oil Corp, Panasonic forge partnership for Li-ion battery manufacturing
The Indian government has taken steps to promote battery manufacturing by approving the PLI Scheme 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage,' with a budgetary outlay of Rs 18,100 crore.Read more
Govt set to extend 15% tax rate for new manufacturing units until 2025
This potential announcement is anticipated in the upcoming Interim Budget on February 1, with the aim of stimulating the manufacturing sector, attracting fresh investments, and simplifying compliance procedures.Read more
Delta Electronics, Ceres Power join forces to advance hydrogen energy solutions
As part of the agreement, Delta will gain access to Ceres' Hydrogen energy stack technology portfolio through technology transfer and licensing, involving an investment of approximately GBP43 million.Read more
India's electronics exports soar over 22%, fuelled by iPhone Surge and Production Incentives
Between April and December 2023, mobile phone exports constituted 52% of the total electronics exports, reaching $10.5 billion.Read more