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Magellan Aerospace and Aequs to start engine MRO business in India
Air travel demand in India has surged, making it one of the fastest-growing aviation markets in the world.Read more
Tembo Global integrates two divisions to streamline operations
Tembo Global Industries Ltd. integrates the umbrella of the new divisions – Tembo Global Infra Ltd. and Tembo Defense Products Ltd.Read more
Hannover Messe 2025 to highlight the drive technology and fluid power sector
Traditionally, drive technology and fluid power has been represented at Hannover Messe by a large number of companies from Germany and abroad, especially in odd-numbered years.Read more
Electrical event ELECRAMA kicks off roadshow in Chhattisgarh
This roadshow marks the beginning of a series of events leading up to the main exhibition, highlighting the latest advancements and innovations in the electrical sector.Read more
Government to develop parks and dormitories near manufacturing clusters
Twelve industrial parks under the National Industrial Corridor Development Programme will also be sanctioned, with significant progress already in Uttar Pradesh and Tamil Nadu. Read more
Will Budget 2024-25 benefit the manufacturing industry?
The manufacturing sector is crucial for job creation, export growth, and overall economic development. Read more
Union Budget bolsters the manufacturing industry and MSMEs
MSMEs contributed 35.4% to all-India manufacturing output in FY 22, and MSME-made products accounted for 45.7% of exports in FY 24.Read more
Budget 2024-25: Analysis of Budget impact on MSMEs
The budget places special attention on MSMEs and labour-intensive manufacturing, introducing a new assessment model for MSME credit by public sector banks based on digital footprints rather than only on assets and turnover criteria. Read more
Budget 2024-25: A focus on skill development
These will be based on enrolment in the EPFO, and focus on recognition of first-time employees, and support to employees and employers. Read more
Budget 24-25: Customs duty reforms will help manufacturing and promote exports
New customs duty rates are proposed for commodities from lifesaving medicines to rare earth minerals.Read more