Factories around the world are slowly cranking into gear again

Factories around the world are slowly cranking into gear again

Assembly lines around the world are starting to hum again, marking a turn in a years-long manufacturing slump. The nascent industrial recovery is led by the world’s two biggest economies. Chinese manufacturing has made a strong start to the year, boosting the economic outlook, and US factory activity unexpectedly expanded last month for the first … Read more

NASA Glenn Earns R&D 100 Award  – NASA

NASA Glenn Earns R&D 100 Award  – NASA

R&D Magazine and a panel of experts have chosen NASA’s Glenn Research Center’s GRX-810: A 3D Printable Alloy Designed for Extreme Environments as one of the 100 most technologically significant new products of the past year to receive the prestigious 2023 R&D 100 Award.    NASA Alloy GRX–810, an oxide dispersion strengthened (ODS) alloy, can endure … Read more

Tamil Nadu inks pact with Godrej for a manufacturing plant with ₹515 crore investment

Tamil Nadu inks pact with Godrej for a manufacturing plant with ₹515 crore investment

The MoU for setting up the manufacturing unit of Godrej Consumer Products Limited, near Tiruporur, with an investment of ₹515 crore was signed in the presence of Tamil Nadu Chief Minister M.K. Stalin, in the Secretariat, on August 10. Also seen in the picture are State Industries Minister T.R.B. Rajaa and Nisaba Godrej, GCPL’s Executive Chairperson. … Read more

No forests cut for manufacturing paper: IPPTA

No forests cut for manufacturing paper: IPPTA

Disproving misconception about the paper industry, the Indian Pulp and Paper Technical Association (IPPTA) on Wednesday clarified that the paper industry doesn’t cut forests as assumed for manufacturing paper since nearly 77-80% of the paper that is produced in the country was using recycled paper. “India produces nearly 25 million tonnes of paper annually and … Read more

India’s economy and the ‘elegant excuse for being incompetent’

India’s economy and the ‘elegant excuse for being incompetent’

The government’s all-out push to turn India into a manufacturing powerhouse started sounding credible after the world began turning away from China for geopolitical reasons and looking at options to shift supply chains. Just when it seemed it’s India’s moment to replace China as the world’s factory, a major debate has erupted whether India would … Read more

India should benefit from using new technologies like Chat GPT: Narayana Murthy

India should benefit from using new technologies like Chat GPT: Narayana Murthy

“Well I am first an Indian citizen and then a tech entrepreneur so therefore I would want India to make tremendous progress, not just in IT but in every sector,” says NR Narayana Murthy, Founder, Infosys.What about manufacturing as an industry because a lot of people are saying that manufacturing is positioned the way services … Read more

Govt’s focus on making India a manufacturing destination will pay dividends: Subhrakant Panda

Govt’s focus on making India a manufacturing destination will pay dividends: Subhrakant Panda

“I am very confident about the India growth story because I think we have to look at the medium to long term where I think our prospects are very good,” says Subhrakant Panda, President, FICCI. It is an interesting time when you takeover, one full of uncertainties. What do you think the biggest challenges are … Read more

ETMarkets Smart Talk: Amid rise in interest rates, banks are an excellent pick for an earnings upgrade in 2023: Sonam Srivastava

ETMarkets Smart Talk: Amid rise in interest rates, banks are an excellent pick for an earnings upgrade in 2023: Sonam Srivastava

“Banks are an excellent pick for an earnings upgrade in a rising interest rate environment even though the Bank Nifty is, in fact, the most heated sectoral index at the current junction,” says Sonam Srivastava, Founder at Wright Research. In an interview with ETMarkets, Srivastava said: “Domestic capital goods and manufacturing are still seeing upgrades … Read more

Automotive design concepts that support future mobility trends

Automotive design concepts that support future mobility trends

Electric mobility and autonomous driving will be shaping mobility in the upcoming years and decades. To remain competitive in the long term, manufacturers must stay one step ahead of the competition and present solutions today that meet the needs and requirements of tomorrow’s users. At the K 2022 trade fair in Düsseldorf, LEONHARD KURZ will … Read more

India PMI | S&P Global: India’s April services growth at 5-month high amid mounting price pressures

India PMI | S&P Global: India’s April services growth at 5-month high amid mounting price pressures

India’s services sector’s growth has continued to gain momentum, with a surge in incoming new work boosting business activity and supporting a renewed increase in employment amid rising price pressures, data shows. India’s S&P Global PMI in the month of April stood at 57.9, up from 53.6 in March. Similarly, the composite PMI for the … Read more