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Godrej Lawkim Motors eyes 10% YoY growth from Hermetic Compressor Motors

Leading compressor manufacturers who need increased capacity have agreed to tie up with Godrej Lawkim Motors to grow and meet additional demandRead more

NORD on a growth drive with innovative products

Thanks to innovative new products and comprehensive investments – the largest in the company’s history so far – the drive specialist NORD DRIVESYSTEMS increased its sales by almost 18% in 2021, compared to 2020. In 2022, customers can look forward to innovative and advanced drive solutions.Read more

Lubricant market delivering smooth growth

Continuous industrialisation and growing manufacturing sector are driving the consumption of lubricants in industrial applications. In India, demand for industrial engine oils is accelerating as there is a rising concern about the upkeep of machinery for delivering better quality output. Read more

Ashoka Bearing will achieve 25% growth this year

The rising demand for bearings across various end-user segments like automotive, machine tools, precision engineering, advanced medical equipment as also different types of bearings for use in extreme conditions, is expected to drive the growth of this industry. Read more

Business Environment Set for Growth

The share of manufacturing in India's GVA (Gross Value Added) has seen a gradual fall in the last one decade despite a surge in private consumption demandRead more

Budget 2022 - Economic Survey: Industrial sector to expand 11.8% in 2021-22

According to the Survey, investment, as measured by Gross Fixed Capital Formation (GFCF) is expected to see strong growth of 15% in 2021-22 and achieve full recovery of pre-pandemic level.Read more

Budget 2022 - IMTMA: Cohesive efforts are need to resuscitate growth

Budget 2022 should provide a higher depreciation of 25% on procurement of new indigenous capital goods besides mandatory registration under TReDS for all companies with a turnover beyond Rs 250 croresRead more

IMTEX 2022: An enabler of machine tools industry growth

After 2020, IMTMA is back with its yearly exhibition – this time in-person - as IMTEX and IMTEX Forming 2022. The event is scheduled from January 20-26, 2022 at Bangalore International Exhibition Center (BIEC).Read more

Strong global orders lead to 43% rise in India’s exports in Oct 2021

Owing to strong global orders, India's merchandise exports rose by 43% in October this year as compared to same period previous year.Read more

Heat exchangers: Efficiency drives growth

Burgeoning chemical and power sectors, along with the upgradation of conventional heat exchangers with efficient and innovative variants, are driving the market.Read more

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