Skip to main content

Emerging Manufacturing Insights

Trending Insights

:

Maruti Suzuki Achieves a Historic Production Milestone of 2 Million Units in a Calendar Year

India’s only passenger vehicle manufacturer to attain this landmarkThe significant achievement highlights Maruti Suzuki’s robust manufacturing capability, customer centricity and unwavering commitment to the Government’s flagship ‘Make in India’ initiative New Delhi, 17 Dec 2024: Maruti Suzuki India Limited (MSIL), the leader in the Indian passenger vehicle industry, announced a production milestone of 2 million […]

Manufacturing Temp Workforce Sees 5.6% Annual Growth in Pay, Reflecting Industry’s Rising Demand for Skilled Talent, Finds Teamlease Staffing Report

| The expansion of the manufacturing sector is led by industries like electronics manufacturing, automotive, textiles, and chemicals. TeamLease Services, India’s leading staffing solutions company revolutionizing employment and workforce dynamics, has released its latest report, “A Staffing Perspective on Manufacturing.” The report provides an extensive analysis of the manufacturing sector’s contractual workforce, revealing key trends, challenges, […]

The Rise of Home Decor Industry Fuelling India’s Growth Story

Author: Pallav Doshi, Whole -Time Director and MD of Essen Speciality Films Limited India’s decorative industry is experiencing a transformative phase, driven by rapid urbanization, increasing disposable incomes, and a heightened demand for aesthetically appealing spaces. Globally, the decorative plastic and paper laminate market was valued at $79.75 billion in 2022 and is projected to […]

ABB India and PwC India establish Strategic Alliance to Drive Digital Transformation and Sustainability across key sectors

| Production capacity grows by 25%, creating 200 new jobs with advanced, greener technologies. ABB India, a global leader in automation and digital technologies for process industries and PwC India have announced their strategic alliance to deliver transformative solutions across sectors in digital operations, cybersecurity, and ESG (Environmental, Social, and Governance) initiatives. This collaboration reflects a […]

JML Expands Chennai Plant with Focus on Sustainability and Increased Production

| Production capacity grows by 25%, creating 200 new jobs with advanced, greener technologies. JCBL Marrel Tippers Limited (JML), a leader in the manufacturing of specialized trailers, POL tankers and bowsers, special application export-oriented containers, and components for the US & European market is pleased to announce the expansion of its state-of-the-art manufacturing facility in Oragadam, […]

Karl Schüssler GmbH & Co. KG expands in India

| Karl Schüssler GmbH & Co. KG, a global leader in precision engineering since 1970, proudly announces the establishment of its wholly-owned subsidiary, SCHUESSLER India Pvt. Ltd. This strategic expansion reflects the company’s commitment to serving the growing Indian market with enhanced efficiency and innovative solutions. Through this initiative, SCHUESSLER India will invoice customers in Indian […]

Bharat Forge Limited successfully raises Rs 1,650 Crores through QIP

| Bharat Forge Limited is pleased to inform about the successful fund raise of Rs 1,650 Crores with the closure of its qualified Institutional Placement (QIP) on 9th December 2024. The issue witnessed significant interest from Domestic & Foreign Qualified Institutional investors resulting in more than 10X demand of the issue size. More than 90% allocation was made to marquee Domestic & Foreign Long Only funds and Insurance Companies. The issue of the QIP was done at Rs 1,320 per share while the floor […]

Kennametal India showcases its innovative Earthworks solutions at bauma CONEXPO 2024

| Kennametal India Limited will showcase a comprehensive range of innovative foundation drilling, road rehabilitation, surface mining, trenching and wear protection solutions at bauma CONEXPO 2024, one of the region’s leading trade fairs for the construction machinery, building material machine and mining machine industries, from 11-14 December at the India Expo Centre, Greater Noida.  MT Swamy, […]

Apparel Industry upset with GoM’s Proposed GST Hike as it will affect Growth

| The Group of Ministers (GoM) on Rate Rationalization, led by Bihar Deputy Chief Minister Samrat Chaudhary, recently proposed significant changes to GST rates for the Apparel sector, announced on Monday, December 2, 2024. According to the new recommendations, readymade garments priced up to ₹1,500 will continue to attract 5% GST, while those in the ₹1,500 […]