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TVS SCS reports Q2 loss, eyes operational enhancements
The company's revenue from operations shrank to Rs 2,263 crore from Rs 2,681 crore, while total expenditure decreased from Rs 2,684 crore to Rs 2,277 crore.Read more
Shopfloors are becoming more agile, efficient, and competitive
In this interaction with Rakesh Rao, Shubhankar Chatterji and Manish Jha of Cummins India highlight how automation and digital solutions are elevating efficiency and productivity in the manufacturing industry.Read more
How AI is aiding production planning and control
Artificial intelligence (AI) solutions are already being used successfully in various areas of the company to achieve these goals and continue to be intensively researched. An important area of application for AI solutions is production planning and control (PPC).Read more
India emerges as key global supply chain player despite challenges: BofA report
India's potential as a manufacturing powerhouse and export hub is hindered primarily by high logistics costs and a significant infrastructure gap, states the report.Read more
China imposes export permits on graphite amid global supply chain concerns
This move is part of China's strategy to regulate the supply of critical minerals, particularly in the face of challenges to its manufacturing dominance.Read more
India positioned as global leader in clean energy supply chain diversification
Nirmala Sitharaman highlighted India's robust climate initiatives outlined in its Nationally Determined Contributions (NDCs) speaking at the launch of the 'Partnership for Resilient and Inclusive Supply-chain Enhancement' during the World Bank-IMF Annual Read more
Taiwan, India strengthen economic ties and supply chain cooperation
In stark contrast to the modest $2 billion recorded in 2006, the current trade volume between the two nations has surged to over $7 billion.Read more
NBC Bearings soars into Aerospace industry with strategic investments
As part of this strategic initiative, Lokesh Agrawal, the Chief Technology Officer (CTO) of NBC Bearings, revealed that the company has established a specialised business vertical exclusively designed for the aerospace industry.Read more
Inox Air Products invests Rs 300-500 cr in Semiconductor Gas Infrastructure Expansion
Managing Director Siddharth Jain revealed that these investments will commence on a small scale this year, with plans for substantial expansion aligned with the demand generated by semiconductor fabrication companies.Read more
How ESG is catalysing India's SMEs for global competitiveness
A new mandate emphasising environmental, social, and governance (ESG) compliance has surfaced, demanding India's attention if it wishes to secure its place in the international marketplace.Read more