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Production Linked Incentive: Boon for the Medical Devices Industry in India

India is the fourth largest medical device market in Asia. The Production Linked Incentives Scheme (PLI) Scheme for Medical Devices manufacturing proposes a financial incentive to boost domestic manufacturing boosting ‘Atma Nirbhar’ Bharat mission.Read more

Rising hygiene need drives demand for sanitary pumps

APAC region (driven by food and beverage industry) is expected to witness high growth in demand for sanitary pumps due to its large population and increasing urbanisation, says Technavio report.Read more

Avcon Controls aims to be among top 5 valve manufacturers

Fifty-four-year-old Avcon Controls has been producing automated valves for process control. In this interview, Manisha Dabholkar, Joint Managing Director, Avcon Controls, sheds light on changes taking place in industries, use of AI and IoT in manufacturing and Avcon’s strategy to align with the government's goal to make India a $5 trillion economy.Read more

Making it smartly in India

India’s manufacturing has been taking a steady stride towards Industry 4.0 in the last few years. As per NASSCOM study report, Industry 4.0 is at an inflection point in Indian manufacturing, with more than two-thirds of Indian manufacturers embracing the digital transformation by 2025Read more

Scaling up MSME exports

With all the policy stimulus and rapidly changing geo-political scenario, the share of MSMEs in India's export kitty is expected to scale up manifold in the coming years.Read more

India’s $1-trillion manufacturing export opportunity

India is on the cusp of structural shifts in the manufacturing sector. Driven by growth in priority sectors and propelled by favourable megatrends in manufacturing, India is expected to scale up its manufacturing exports to $1 trillion by FY28, says a Bain & Company report.Read more

Manufacturing at an inflexion point

Today, India is ranked as one of the leading exporters of pharmaceuticals supplying not just to developing countries but also to developed markets such as US, Japan, EU, etc. Read more

Use of single use technologies for making sterile dosage forms

Single use technologies (SUT) present an opportunity for process efficiencies, several significant advantages over standard reusable stainless-steel system, particularly in reducing process downtime and removing the need to clean and sterilize items, says Chandan Kumar Sah.Read more

Frost & Sullivan: Global industrial robotics market to $38.3 bn in 2024

Despite COVID 19 pandemic and uncertainty in the automotive business, robotics market to growth at 12.2% CAGR during 2020-2024 period, driven mainly by pharmaceuticals, food & beverage (F&B) and electrical & electronics sectors, says Frost & Sullivan.Read more

PLI scheme for bulk drugs and medical devices receives 243 applications

Production Linked Incentive (PLI) Scheme for bulk drugs and medical devices, which closed on 30 November 2020, received 215 and 28 applications from manufacturers of bulk drugs and medical devices respectivelyRead more

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