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India’s GDP rises by 7.6% in Q2 FY24, manufacturing, construction led the growth

The growth was much higher than expected, mainly driven by investments and government consumption. However, private consumption growth was muted due to weak rural demand and some moderation in urban demand amid elevated inflationary pressures in Q2.Read more

NIFCO invests Rs 288 cr in automotive plastic components plant in Karnataka

The company intends to create job opportunities for approximately 400 individuals, with 65% of them being women. The project is slated to be completed over a span of five years, commencing from 2023-24.Read more

DPIIT, Ministries & FIRST Construction Council to discuss sustainability with cement industry captains at Cement EXPO 2023 on Dec 14-15

Join DPIIT, Ministries & industry leaders at Cement EXPO 2023 on Dec 14-15 for sustainability talksRead more

Circular economy for sustainability

For the circular economy to succeed there must be some value addition. While it is clear that most, if not all, companies will have to practice elements of CE in the near future, if not already doing so, says R Jayaraman.Read more

Epigral opens its first R&D centre in Ahmedabad

Located at Changodar in Ahmedabad, the R&D centre is built over 14,374 square metre and has the latest, state-of-the-art technologies installed.Read more

PLI scheme: Need for a course correction

The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more

Bonfiglioli Transmissions inaugurates 100 cr assembly facility in Pune

Spanning 42,500 square meters, the facility, which became operational on November 29, boasts advanced technology and real-time smart assembly processes within an environmentally sustainable and employee-friendly setting.Read more

SMEs should opt for step-by-step implementation of automation, says Smita Gadade

Precise Industrial Solutions technology-driven specialist in the design, manufacture and commissioning of integrated solutions. They are channel partners for Siemens and provide automations and digital solution. Smita Gadade, Director, Precise Industrial Solutions in this interview which Ayushi Khandelwal shares insights on company’s digital solution and significance on its implementations.Read more

GTL is focusing on developing applications for zero-emission platforms: Pavan Chavali

Goldstone Technologies Ltd (GTL) specialises in full-stack business intelligence (BI), data analytics, and IT services consulting. GTL is helping Indian companies to comprehending and harnessing their data effectively in order to stride towards becoming a digital economy, says Pavan Chavali, Whole Time Director of the company in this interview with Ayushi Khandelwal. He also shares company’s plans on future technological adoption and business expansion.Read more

Siemens to invest Rs 416 crore for expanding manufacturing capacity in India

The company will expand manufacturing capacity of power transformers and vacuum interrupters for medium voltage switchgear. Siemens Ltd has also registered 21% increase in revenue and 53% increase in PAT in FY 2023 (October 2022 to September 2023).Read more

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