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PLI disbursements set to surge in Q4, may fall short of Rs 11,000 cr target though

Out of the total outlay of Rs 1.97 trillion for the PLI scheme initiated in 2020, Rs 2,900 crore was allocated to selected companies to meet production targets last year.Read more

India aims for $1 trillion exports by 2030, focus on electronics, RE, EVs

The surge is attributed to the export of Samsung and Apple phones, with smartphone exports reaching $10.9 billion in FY 23, marking an 88.9% increase from April to August.Read more

By Design Alpha acquisition, AREL gains expertise in industrial design

Electronic Systems Design and manufacturing company, Amara Raja Electronics Limited (AREL) sets a clear vision to become 1,000 crore company and increase export operations by FY 2028 tells Sajan Pulikottil David, Business Head, AREL in this interview. The company has recently invested in DFM Softech Solutions Pvt Ltd to expand its operations in electronics design landscape.Read more

ELCINA plays a significant role in promoting local component manufacturing

In 1967, ELCINA (Electronic Industries Association of India) established as the first industry association to support electronics hardware industry of India. Since then it has been actively working on the policy and business environment issues of the E&E Industry. In this interview Rajoo Goel, Secretary General, ELCINA shares the significant work of ELCINA giving an overview on the developments in the past years.Read more

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

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

Earthmoving Equipment Tyres: Sturdiest solutions for the world’s most demanding work environments

Demand for construction and infrastructure products is growing as a direct outcome of population explosion and global economic growth. Increasing construction and mining activities globally is a key factor driving the market for earthmoving equipment tyres, says Yash Pathak. 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

IPF’s 3i Expo webinar: Aatmanirbharta through manufacturing excellence

Industrial Products Finder (IPF) hosted a virtual panel discussion on the topic of 'Aatmanirbharta Through Manufacturing Excellence' as part of the 3i EXPO 2023 webinar series. The session discussed the challenges and potential of the Indian manufacturing sector to be self-reliant in coming years. Read more

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