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Make in India 2.0 Vision to empower manufacturing industry
The Atmanirbhar Bharat Abhiyaan (self-reliant India movement) is the vision of new India envisaged by the Prime Minister. A successful and robust manufacturing industry ecosystem can spell economic success and development in the coming times, says Ashish Dhakan.Read more
Budget 2023: The manufacturing fine print
Global commodity supply continued to be disrupted due to intensified Russia-Ukraine war and re-emergence of Covid-19 in China. Read more
Budget proposes Rs 90 bn for revamped credit guarantee scheme to MSMEs
The announcement that the Government will bring another dispute resolution scheme under Vivad Se Vishwas-II to settle commercial disputes will help MSME and trade resolve their issue urgently.Read more
Is TQM totally practiced in Indian industry?
It is a matter of concern that many of MSME units are not able to participate in the Total Quality Management (TQM) and business excellence movements, says R Jayaraman.Read more
Collaborative robots are doing wonders for manufacturers
In this interview with Rakesh Rao, Sougandh K M, Country Manager of India, Universal Robots, elaborates on how cobots can make small & medium enterprises (SMEs) competitive in a global landscape without taking on undesirable risks.Read more
Adopting the right technology can make India self-reliant
In this interview with Rakesh Rao, Suprakash Chaudhuri, Head - Digital Industries, Siemens Ltd, highlights importance of Industry 4.0 or digitalization in furthering India’s manufacturing growth.Read more
Bohmen Industries is focusing on developing new products
From its humble beginning in 1979, Bohmen Industries today offers a wide variety of position switching devices catering to various industries. Post-Covid, the company is seeing a good demand due to a reduction in competition from the unorganised sector as well as a definite aversion for cheap imported alternatives, reveals Abhishek Bohra, Partner, Bohmen Industries.Read more
AIMP: The voice of MP industries
Association of Industries Madhya Pradesh (AIMP) not only facilitates the working conditions for its members, but also provides them with a balanced learning and developing platformRead more
Bank GNPAs may touch low of 4% by FY24; MSMEs remain a concern area
Gross non-performing assets (GNPAs) of corporate segment is likely to fall below 2% next fiscal from a peak of 16% as on March 31, 2018; GNPAs of MSME (micro, small and medium enterprises) segment may rise to 10-11% by FY24 from approximately 9.3% as on March 31, 2022, says CRISIL Ratings.Read more
Union Cabinet gives nod to India's National Logistics Policy
The policy aims to reduce logistics costs and help in increasing India's share in the global trade. Policy to ensure technologically-enabled, integrated, cost-efficient, resilient and sustainable logistics ecosystem for accelerated and inclusive growth.Read more