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Why India is the next big thing in manufacturing
With record exports last year and consistent high GDP growth, India has emerged as a leading investment option for international investors offering a big domestic market with potential to become a major global manufacturing hub. Clearly, India is a market to be in – currently and in the future, says Rakesh Rao.Read more
Fuji Electric wants to provide made-in-India products with Japanese technology
Fuji Electric India is a subsidiary of Japanese electrical equipment company, Fuji Electric Group. The group works on energy management problems, through advanced Japanese technological innovations. Yosuke Ishizaka, Managing Director at Fuji Electric India shares that after the acquisition of Indian UPS Company, Consul Neowatt in 2019, Fuji Electric India is planning to aim at 1500 crore turnover in 2024. Read more
IPF’s 3i Expo webinar: Aatmanirbharta through manufacturing excellence
Industrial Products Finder (IPF) hosted a virtual panel discussion on the topic of 'Aatmanirbharta Through Manufacturing Excellence' as part of the 3i EXPO 2023 webinar series. The session discussed the challenges and potential of the Indian manufacturing sector to be self-reliant in coming years. Read more
Bilateral trade between India & Germany was € 23.5 bn in FY21–22
German Engineering Federation, VDMA is one of the largest network organisations for the machinery and equipment manufacturing industry in Germany and Europe. With its establishment in India, VDMA India Services Pvt Ltd is acting as a bridgehead between German and Indian industries. In this interview Rajesh Nath, Managing Director, VDMA India shares the significance of Indo-German economic relations and forthcoming alliances between the countries to grow trade opportunities.Read more
Alleima inaugurates a new production facility at Mehsana Mill in Gujarat
Alleima inaugurated a new hydraulic and instrumentation tubing manufacturing facility at Mehsana Mill in Gujarat on March 15. Another investment made by the company in Heat Exchanger (HX) cold finish Tube Capacity, will be fully completed and operational in 2023.Read more
Godrej & Boyce, Renmakch together to develop a 'Make-in-India’ value chain for railways
Godrej Tooling signed a Memorandum of Understanding (MoU) with Renmakch to leverages global technology from Europe and Japan to promote indigenous development in Indian Rail sector. Read more
Indian manufacturing at the crossroads: Global or local?
Indian manufacturing is trying to rediscover itself. The slogans that have been driving this trend are ‘Make in India’, ‘India as a Global Manufacturing Hub’, ‘China Plus India’ policies of many importing countries, etc. The next five to ten years will see the rise of the manufacturing industry in India, says R Jayaraman.Read more
Make in India 2.0 Vision to empower manufacturing industry
The Atmanirbhar Bharat Abhiyaan (self-reliant India movement) is the vision of new India envisaged by the Prime Minister. A successful and robust manufacturing industry ecosystem can spell economic success and development in the coming times, says Ashish Dhakan.Read more
Godrej Tooling increases 10% investment YoY on R&D focusing EVs
In this interview with Rakesh Rao, Pankaj Abhyankar, Senior Vice President and Business Head, Godrej Tooling, explains new opportunities for component makers in automotives, especially in electric vehicles, and how his company is supporting the growth of this industry.Read more
Brakes India unveils a self designed motor on drum brakes at Auto Expo 2023
The TSF Group company showcased high-end braking systems completely designed, developed & manufactured in the country. Alongside the motor on drum brakes, the new air braking product line, aftermarket, iron castings & polymer products were also witnessedRead more
