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Festo’s patented VTEM is first digitalised pneumatics platform in the world

The Indian arm of global multinational, Festo is functioning for over two decades in the Indian market. The company has a rich experience with developing new products and solutions over the time meeting the customer demands. R Joshi, Managing Director, Festo India in this interview tells us more about such innovations in digitalisation lead. Read more

FDI in manufacturing increases by 76% due to PLI Schemes

PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.Read more

Tesla agrees to set up vendor base and start EV assembly in India

The move follows the Indian government's request for a domestic assembly plant and vendor base. Tesla aims to integrate manufacturing and the supply chain, potentially expediting vendor selection.Read more

Production Linked Incentive: Boon for the Medical Devices Industry in India

India is the fourth largest medical device market in Asia. The Production Linked Incentives Scheme (PLI) Scheme for Medical Devices manufacturing proposes a financial incentive to boost domestic manufacturing boosting ‘Atma Nirbhar’ Bharat mission.Read more

Bobba Logistics aims to set standard and replicate them in India

Chandrakala Bobba and Balajee Bobba, Directors of Bobba Group have developed a warehousing and micro fulfilment solutions brand named Bobba Logistics. It addresses the supply chain demands in and around Bangalore. The company is looking to expand its operations pan India in coming years to deliver end-to-end supply chain needs to their clients, tells Bobba siblings in this interview. Read more

EMO Hannover 2023: Megatrends supporting manufacturers in global competition

Leading firms will present their latest solutions at EMO Hannover 2023. The event will offer companies an unique globally opportunity to put themselves far ahead of the competition, says Dag Heidecker.Read more

General Motors honours Sundram Fasteners with Supplier of the Year award

Sundram Fasteners Limited (SFL) receives the recognition for the 10th time as ‘Supplier of the Year’ from General Motors (GM). SFL supplies key products to GM, including transmission shafts, radiator caps, pumps & assemblies and others. Read more

India: The beacon of growth

India’s exports - estimated at $ 767 billion - for FY 2022-23 recorded a rise of 14.5 per cent over FY22’s $ 669.65 billion.Read more

Why India is the next big thing in manufacturing

With record exports last year and consistent high GDP growth, India has emerged as a leading investment option for international investors offering a big domestic market with potential to become a major global manufacturing hub. Clearly, India is a market to be in – currently and in the future, says Rakesh Rao.Read more

IPF presents 3i EXPO and Factories of the Future conference

With India gearing up to be the production hub of the world, the country will have to opt for advanced manufacturing technologies to increase its competitiveness. To make manufacturers future-ready, Industrial Products Finder (IPF) will host 3i EXPO and "Factories of the Future” conference to bring all the key stakeholders of the industry under one roof and initiate the dialogues on the advancements in manufacturing.Read more

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