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China’s Hisense to set up TV manufacturing plant in India
Hisense, a leading consumer electronics and TV manufacturer, announced its plan to set up a local manufacturing plant in India with a capacity to produce two million TVs within the next two years. Read more
Niti Aayog CEO says Indian companies must become globally competitive
Amitabh Kant, CEO, Niti Aayog urged Indian companies to become globally competitive instead of promoting protectionism and complaining about imports via Free Trade Agreements (FTAs).Read more
Parason partners Zume to launch moulded-fibre manufacturing facility
Zume, the sustainability solutions company creating economically viable substitutes for single-use plastics, announced its partnership with India-based Parason, a leading global pulp and paper industry supplier.Read more
PLI scheme to place India firmly in the global manufacturing value chain
PHD Chamber of Commerce and Industry recently held a Virtual Open House Session on the Implications of Production Linked Incentive (PLI) Scheme on India’s Manufacturing and Trade Competitiveness. Read more
What to expect for auto manufacturing sector in 2021?
As auto industry starts to rebound (after witnessing a slowdown during pandemic), Nitin Lall, GM, Industrial Technique, Atlas Copco, lists down a few technology trends that will transform the automotive manufacturing industry in 2021Read more
GeM and Indian Railways integration to generate Rs 500 bn opportunity for MSMEs
According to Piyush Goyal, after the integration of Government e-Marketplace (GeM) portal with Railways, there will be Rs 500 billion worth of annual procurement from MSMEs.Read more
Majority Of MSMEs in Pune to recover within next six months: Study
According to a survey conducted by the Pune-based MCCIA, 28% of total businesses will reach the pre-covid recovery in six months. The survey was conducted on 150 businesses of which 72% were MSMEs.Read more
India’s GDP grows 1.6% in Q4 2020-21 aided by manufacturing push
For the entire financial year 2020-21, the GDP contracted 7.3 per cent  a record low. In January-March last year, the economy had grown 3 per cent.Read more
DEP’s simulation technology improves quality in manufacturing industry
DEPMeshWorks’ manufacturing simulation functions are designed to help improve the life of tooling and reduces manufacturing defects. For manufacturers, it gives real-time inputs. Read more
Ten types of robots you’ll find in a manufacturing plant
Companies consistently try to achieve high output of top-quality products with precise manufacturing processes. Industrial robots can help users achieve all those aims and others. Emily Newton lists down 10 most common industrial robots used in the manufacturing sector.Read more