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LESER expands Aurangabad manufacturing facility with Rs 500 million+ investment
The new facility will incorporate segmentation, automation, and advanced manufacturing processes designed to improve transparency and efficiency.Read more
Dormer Pramet appoints Shib Banerjee as global head of sustainability
In this new role, Banerjee will collaborate with cross-functional teams to implement sustainable practices and QEHS initiatives into business operations, products, and services to inspire the business towards a more sustainable and responsible future. Read more
Policies to increase e-buses sales to 75-80% this fiscal; CRISIL Ratings
These schemes include Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME) (1 and 2), National Electric Bus Programme (NEBP) under Convergence Energy Service Ltd (CESL) (1 and 2), and PM-eBus Sewa Scheme.Read more
Altair and LG Electronics develop multi use solution to extend product lifespans
This collaboration allows users to identify and rectify potential issues at the design stage, significantly extending product lifespans.Read more
MoD and NSE ink agreement to push MSMEs and developing firms in defence sector
The Memorandum of Understanding (MoU) is designed to facilitate capital market access for MSMEs in the defence sector. Read more
Policy push and new technologies to drive electrical vehicles sales in India
Though the electric vehicle (EV) penetration in India is only 6.8 per cent (in FY24), the growth opportunity in the EV sector is only going to go up in the future driven by shifting consumer preferences, strong governmental support and technological progress, says Rakesh Rao.Read more
Budget FY25 Decoded!
With emphasis on infrastructure, skill development, MSMEs, and manufacturing, the FY25 budget aims to drive India’s manufacturing-led expansion and exports. However, there are some missed opportunities as well. SME deciphers the short and long term impact of the budget with industry experts.Read more
Manoj Mittal appointed as Chairman and Managing Director of Sidbi
Mittal brings over 33 years of experience in the financial services sector to this role. Read more
Budget 2024 to boost India’s manufacturing industry
The Budget has strategically prioritised the manufacturing sector along with the infrastructure, employment and skilling development. Read more
The Emergence of Industry 5.0
While many businesses are still in the process of incorporating the concepts of Industry 4.0, Industry 5.0 - which operates basically on strategies of human centric approach, improved resilience and focussed sustainability - is only catalysing the advances with more traction towards achieving the goals.Read more