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Smart Manufacturing Transforms Life Sciences Sector

Life sciences manufacturers around the world, including in India, are increasingly embracing smart manufacturing technologies to navigate the growing complexity of global supply chains, evolving regulations, and workforce shortages. According to Rockwell Automation’s 10th annual “State of Smart Manufacturing: Life Sciences Edition” report, 95% of life sciences manufacturers are either using or evaluating smart technologies like AI, automation, and digital twins to scale operations...

Tata Electronics, Bosch Ink Deal for Chipmaking in India

Tata Electronics and Bosch have signed a Memorandum of Understanding (MoU) to strengthen India’s semiconductor and electronics manufacturing capabilities. The collaboration will focus on advanced chip packaging and wafer manufacturing at Tata’s upcoming facilities in Assam and Gujarat. In addition, the agreement includes plans to jointly explore local projects in Electronic Manufacturing Services (EMS), particularly for automotive electronics. This strategic partnership aims to address the...

Aimtron Raises ₹100 Cr for Greenfield Expansion

Aimtron Electronics has raised nearly ₹100 crore through a preferential allotment of convertible warrants to support its greenfield manufacturing expansion in India. The move signals the company’s aggressive growth push, aligning with national initiatives such as 'Make in India' and 'Aatmanirbhar Bharat.' The board-approved allotment includes significant participation from the promoter group, including CEO Mukesh Vasani and COO Nirmal Vasani. A total of 14,79,000 warrants...

Plug-and-Play Parks Key to India’s Manufacturing Push

Developing ready-to-use industrial parks and improving logistics infrastructure are now central to India’s strategy to strengthen its manufacturing sector. A new report by Cushman & Wakefield outlines how pre-approved plug-and-play zones, enhanced multimodal logistics, and skilling initiatives can bridge longstanding gaps and boost production capacity. Industry confidence rising, but gaps remain The report, Elevating India’s Manufacturing Resilience: Charting the Path to Self-Reliance, is based on responses...

Hindalco Acquires AluChem for $125M

Hindalco Industries, the metals flagship of the Aditya Birla Group, has announced a $125 million acquisition of US-based AluChem Companies Inc., a specialty alumina manufacturer. The deal will be executed through Aditya Holdings LLC, a wholly owned step-down subsidiary of Hindalco, and is expected to close in the upcoming quarter pending regulatory approvals. This acquisition positions Hindalco to significantly enhance its presence in the high-margin,...

Dixon Plans ₹400 Cr Display Unit with HKC

Dixon Technologies has applied for government approval to partner with Chinese firm HKC for setting up a display module manufacturing unit in Noida. The proposal is currently under review under Press Note 3 (2020), which mandates prior clearance for foreign investments from nations sharing a land border with India. HKC is one of China’s major players in display technology, and Dixon aims to bring them...

EV Scheme Offers Duty Cuts for $500M+ Investments

The Government of India has officially notified the detailed guidelines for its new “Scheme to Promote Manufacturing of Electric Passenger Cars in India” (SPMEPCI). This initiative aims to attract fresh investments from global manufacturers and establish India as a global hub for electric vehicle (EV) production. Approved by the Ministry of Heavy Industries (MHI), the scheme is aligned with India's commitment to achieving net-zero emissions...

GTRI Flags Impact of US Tariff Hike on Indian Metals

India’s metal exports to the US, valued at $4.56 billion in FY25, are set to take a hit as former US President Donald Trump moves to raise tariffs on steel and aluminium imports to 50%. The revised rates, up from 25%, will come into effect from June 4, 2025, under Section 232 of the US Trade Expansion Act of 1962. The law allows such...

Construction Equipment Industry Eyes 10% Growth

India’s construction equipment (CE) industry is set to register double-digit growth in FY26, driven by improving project execution momentum, robust exports, and a positive infrastructure outlook, according to the Indian Construction Equipment Manufacturers’ Association (ICEMA). The industry, which recorded 3% growth in FY25 with total equipment sales reaching 1,40,191 units, is now expected to grow at least 10% in the current financial year. This would...

Steel Ministry Backs Extended Met Coke Import Curbs

India may continue restricting imports of low-ash metallurgical coke beyond June 2025, as the steel ministry supports extending the current quantitative limits, Reuters reported, citing a source familiar with the internal discussions. The decision, if formalised, could reshape supply chains for major steelmakers who depend on overseas purchases. Support builds for domestic sourcing push According to the Reuters source, the ministry believes domestic producers are capable...

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Infosys Launches AI and Cybersecurity Centre in Hubballi

Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros The Hubballi centre reinforces Infosys’ strategy...

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