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Govt extends PLI Scheme to 10 new sectors with incentives of Rs 1460 bn
10 sectors eligible for Production-Linked Incentive (PLI) Scheme are ACC batteries, electronics/technology products, automobiles & auto components, pharmaceutical drugs, telecom & networking products, textile products, food products, solar PV modules, ACs & LED, and speciality steelRead more
All industries today use compressed air: KS Natarajan
In this interview, KS Natarajan, Managing Director, Trident Pneumatics, speaks on the rising demand for medical oxygen plants due to Covid 19 pandemic, and how they are meeting this growing demand.Read more
MAHLE Group steers steady despite Covid 19 crisis
MAHLE recorded its largest volume of orders in the history of the Group. These orders ran into billions in the field of new technologies.Read more
Manufacturing and automobiles drive gear & bearing industry
As per Euromonitor International findings, Indian bearing, gear and driving elements industry grew by around 10 per cent in 2018 and is set to sustain strong growth over the upcoming years as well.Read more
Finolex Cables reports Rs 123.1 crore profits despite slowdown
Net sales for quarter ended September 30, 2019 stood at Rs 715.7 crore, against Rs 714.0 crore in September 2018Read more
Chinese OEM ChangAn to use BorgWarner’s P2 Hybrid solution
The P2 drive module and electro-hydraulic control unit will offer improved fuel economy and emissions. This solution will be integrated in the ChangAn’s new transmission.Read more
How to bridge the engineering skill-gap in India?
From remote controlled valves to corrosion detecting software, the skills of today require a higher comprehension of instrumentation and technology-based aid. Hence, employees (new and existing) need to be skilled so that they can adjust to new processes, says Jaydev V Sanghavi.Read more
“Growth of automobile industry expected to generate demandâ€Â
Indian casting production is expected to grow at a CAGR of 12. 7 per cent from 2018 up to 2023. The foundry market is linked directly with the development of the overall automotive sector.Read more
TDK launches miniaturised thin-film metal power inductors
With industry-leading rated voltage of 40 V, these inductors can be coupled to a 12 V car battery.Read more
Hindalco’s arm Novelis to invest $ 218 mn in Chinese facility
Once construction of the new facility is completed, Novelis’ total investment to date in Changzhou National Hi-Tech District will exceed $ 400 millionRead more