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Automation to drive female workforce into male-dominated manufacturing sector
Currently, women make up only 15-20% of the manufacturing workforce in India.Read more
India’s API industry expected to grow 7-8% in FY25
The operating profit margin (OPM) is forecasted to rise to 12-14%, up from 11-13% in the previous fiscal year.Read more
Indian Railways cancels tender for 100 Vande Bharat trains
Despite being the lowest bidder when the tender was opened on May 30, 2023, Alstom's bid did not meet the revised price expectations.Read more
FDI in manufacturing reaches $165 billion; 69% growth over last decade
This sector surge is largely driven by production-linked incentive (PLI) schemes.Read more
Scientists create solar cell coating that can turn objects into solar panels
Unlike traditional silicon-based solar panels, this innovative material can be applied to everyday items like backpacks, cars, and buildings. Read more
Sluggish growth in automation market; machine-integrated robots gain momentum
Partnerships are increasingly being announced between robot vendors and automation providers to develop new products and solutions.Read more
State oil companies are investing in petrochemical; despite facing oversupply
The aim is to boost the production of essential chemicals used in plastics, paints, and other industrial applications, which have historically been imported from countries like China.Read more
BEML to expand Vande Bharat and metro trains; boost export revenue to 10%
The company is exploring potential markets in the Middle East, South America, and the ASEAN region.Read more
Yamuna Authority to develop Noida’s first electronics manufacturing cluster
Havells India will play a pivotal role in the project, committing Rs 8 billion to establish a manufacturing unit on 50 acres within the EMC. Read more
GOI tightens disclosure norms for domestic solar manufacturers
This directive, issued via a notification on August 7, requires companies to self-certify as producers of indigenous solar components.Read more