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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
India triumphs in Global Manufacturing, BCG Study Reveals
A BCG study titled 'Navigating the Transformative Shifts in Global Manufacturing’ revealed a remarkable surge of $23 billion in exports to the US, a staggering 44% increase from 2018 to 2022.Read more
The “Top 100 Performers” of engineering sector
According to the International Monetary Fund (IMF), India is poised to remain a significant contributor to the global economy, accounting for approximately 15 per of global economic growth in CY 2023.Read more
Modulus Alternatives commits Rs 1.5 bn to Shivam Autotech in debut private credit fund investment
The investment is set to originate from the resources under the management of Modulus Alternatives, which includes their second fund, the India Credit Opportunities Fund II.Read more
Amara Raja companies’ win big at ‘Great Place to Work’ Awards
The ‘Great Place To Work’ (GPTW) institute is globally recognized as an authority on workplace culture.Read more
FY 2023-24 looks very promising for Trishul Machine Tools
In this interview, C S Shivashankaraiah, Managing Director, Trishul Machine Tools Pvt Ltd, highlights importance of polygon turning machines and the company’s future plans.Read more
Godrej Tooling partners with Toyota for Innova Hycross
Godrej Tooling has supplied dies for the dash panel and main floor of the new Innova Hycross. Godrej Tooling has increased its investment by 10 per cent YoY on R&D towards a portfolio of tools and dies with a special focus on the EV industry.Read more
Top four benefits of automated tube bending
The process of bending metal tubes is historically a labour-intensive one fraught with potential errors and safety issues. Automating this task could offer many benefits, says Emily Newton.Read more
SEG Automotive unveils high voltage machines for Indian auto makers
This scalable e-machine platform will set standards in terms of smooth operation and efficiency, thus maximising vehicle range.Read more
GEF Capital invests in auto component maker Hero Motors
With a total investment of Rs 1,500 crore over the course of the coming three years, Hero Motors Ltd aims to transform itself into a global EV solutions company from India. The funds will be utilised to augment its growth and expansion, with a significant focus on serving top global OEMs in the EV sector.Read more
