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Machine tool industry’s flagship event IMTEX 2025 draws record business visitors
IMTEX 2025, during which orders worth Rs 35 billion were booked, reinforces its status as the leading global machine tool and manufacturing technology exhibition. The expo sets the stage for collaboration and growth in manufacturing industry. Read more
Industry-Academia-Government Transforms MSMEs: Saravanam J
Geographically, MSMEs are instrumental in promoting industrialisation in rural and semi-urban areas, thereby reducing regional disparities. These enterprises are fostering entrepreneurship, driving innovation, and contributing to the socio-economic development of communities, opines Saravanam J, Chief Marketing and Communications Officer, Elfonze Technologies.Read more
Madhya Pradesh aims to become drone manufacturing hub with new policy
Officials estimate the policy will attract Rs 3.7 billion in investments over the next five years, creating 8,000 jobs (2,200 direct and 6,600 indirect).Read more
Mitsubishi Electric plans capex investment in India’s CNC market
Additionally, rising demand in general engineering, medical, agriculture, and consumer products is contributing to the market’s expansion.Read more
Make-in-India Revolutionised India: Ashish P Dhakan
The Indian security industry continues to face regulatory challenges. Complex regulations and bureaucratic processes can hinder the ease of doing business, affecting both domestic and foreign investments, comments Ashish P Dhakan, MD & CEO, Prama Hikvision India Private Limited.Read more
The Green Manufacturing Revolution
Making the switch to green production is not without its difficulties. High upfront costs for cutting-edge infrastructure and technologies can put off sectors, particularly small and medium-sized businesses, says Anmol Khandelwal, Executive Director, Chakr Innovation.Read more
India: A Manufacturing Perspective: Kamlesh Panchal
Sustainability is no longer optional; it is a necessity for modern manufacturing. Companies must integrate eco-friendly practices that align with the company’s science-based targets and low-carbon economy goals, opines Kamlesh Panchal, General Manager, Product Company (Dapodi), Compressor Technique, Atlas Copco (India) Pvt. Ltd.Read more
Budget 2025: Energy sector highlights and reactions
The government will incentivise electricity distribution reforms, support intra-state transmission expansion, and offer states an additional 0.5% of their GSDP in borrowing, contingent on implementing these reforms. Read more
Budget 2025: Manufacturing sector highlights and reactions
The Budget has also introduced a Focus Product Scheme for the footwear and leather industry, aiming to create 2.2 million jobs and generate Rs 4 trillion in turnover. Read more
Budget 2025: Auto industry highlights and reactions
MSMEs in the auto supply chain will benefit from easier credit access, enabling component manufacturers and dealerships to scale operations and invest in new technology. Read more