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IoT in welding is playing important role
It is said that the growth of manufacturing sector is closely linked to the developments in welding technology. Demand for high-performance welding for improving productivity is growing. To fulfil the requirement, vendors are focusing on manufacturing intelligent welding machines with Industry 4.0 compatibility. Read more
Video Roundtable: Emerging trends in warehousing & importance of MHE
Industrial Products Finder (IPF) and Equipment India (EI), along with Kelley Material Handling Equipment India as the Associate Partner, hosted a video roundtable – titled “Emerging trends in warehousing and importance of MHEâ€Â.Read more
Ministry of Commerce & Industry unveils Trade Facilitation Mobile App
The app is first-of-its-kind initiative to boost small exporters to obtain faster clearances, certifications and approvals.Read more
Government mulls on making Scrap Recycling an organised sector
This framework is also seen to be prepared in the backdrop of the upcoming Vehicle Scrappage Policy for automobiles, which will ensure sufficient availability of domestic scrap in the countryRead more
Raise basic custom duty on aluminum scrap to curb imports: Industry
As part of its Budget 2021 suggestions, the Indian aluminium industry has sought Government intervention to curb imports by raising the basic custom duty on primary aluminum and scrap imports to 10 per cent from current 7.5 per cent and 2.5 per cent respectively.Read more
Stainless steel industry seeks to reduce import duty on key raw materials
This move is expected to catalyse Make in India and also will spur the domestic market. Read more
For the first time India’s auto component exports exceed imports
The industry clocks turnover of Rs 1.19 trillion ($ 15.9 billion) in the first half of 2020-21 (April-September 2020) registering a de-growth of 34%, as per the data released by Automotive Component Manufacturers Association of India (ACMA).Read more
FIEO welcomes govt. approval on PLI Scheme to attract FDI
Apart from boosting MSME sector, the Scheme will further help in enhancing the skill sets generating employment opportunities across the country during such challenging and tiring times.Read more
Loophole closed: DGFT disallows tyre imports via DFIA route
The DFIA was the only remaining loophole which allowed the import of tyres, rest were curbed in June by DGFT.Read more
Energising power sector
Indian electrical & electronics industry has been going through a rough patch even before COVID 19 struck the country.Read more