Author: em@pi-india

With UE6 & RE6, Walter is introducing two new Groov-tec™ GD26 grooving geometries With the UE6 and RE6, Walter is expanding its GD26 portfolio with two new Indexable insert geometries for medium machining. The Tübingen-based company now offers a total of 12 geometries in 7 highly wear-resistant Tiger-tec® Gold grades for parting off, grooving, Groove turning and Copy turning. The UE6 geometry is characterized by low Cutting forces and effective chip constriction when grooving and Grooveturning. RE6 full radius inserts are designed for excellent Surface quality and optimum chip control, especially in dynamic turning. Thanks to its large Chip breaking…

Building on its rapid growth in electronics manufacturing and exports, Tamil Nadu has launched India’s first state-level Electronics Components Manufacturing Scheme. The initiative, unveiled by Chief Minister M. K. Stalin, aims to attract ₹30,000 crore in investments and create over 60,000 jobs. The scheme offers matching grants to supplement incentives under the Union government’s recently introduced components program. It targets eligible manufacturers and aims to strengthen the state’s position in the electronics value chain. With electronics exports surging from \$1.66 billion in FY21 to \$14.6 billion in FY25, Tamil Nadu has become India’s leading electronics export hub, accounting for over…

India’s manufacturing sector gained renewed strength in April, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI) rising slightly to 58.2 from 58.1 in March — the highest level in ten months. The uptick reflects a strong boost in production and resilient global demand. According to HSBC Chief India Economist Pranjul Bhandari, the sharp rise in new export orders suggests that global supply chains may be shifting toward India in response to evolving trade dynamics and recent US tariff moves. She noted that output growth surged to a ten-month high, supported by strong order books. Although input costs rose modestly,…

The Plastics Export Promotion Council (PLEXCONCIL), established on July 15, 1955, by the Ministry of Commerce & Industry, Government of India, proudly continues its upward growth trajectory. It has recorded an impressive 8% increase in exports during the financial year 2024–25, with total exports reaching USD 12.5 billion, up from USD 11.5 billion in 2023–24. This sustained performance underscores the sector’s rising global competitiveness, strong international demand, and expanding footprint across key markets, reinforcing India’s position as a leading global supplier of high-quality plastic products. The growth in India’s plastics exports during FY 2024–25 was driven by strong performances across…

Mahindra & Mahindra Ltd (“M&M”) today announced that it has entered into an agreement to acquire 58.96% stake in SML Isuzu Ltd. (“SML”) at INR 650 per share, which is an outlay of INR 555 crore. In addition, M&M will make an open offer in accordance with SEBI Takeover Regulations. The proposed acquisition is a step towards establishing a strong presence in the >3.5T CV segment, where M&M has a 3% market share today, as compared to a 52% market share in the 3.5T LCV segment. M&M’s Trucks and Buses Division has made meaningful progress over the past few years.…

India is set to become a major manufacturing hub for Apple, with the tech giant planning to shift the entire assembly of iPhones meant for the US market to India by next year. This move is part of Apple’s broader strategy to reduce its reliance on China amid ongoing geopolitical tensions and trade uncertainties. Initial efforts are already underway, with Foxconn, Apple’s key contract manufacturer, leading the way from its plant near Bengaluru. The facility is expected to begin full-scale operations soon, with projections of producing up to 20 million iPhones annually. Foxconn’s plant in Tamil Nadu has already accounted…

Abu Dhabi is on an ambitious path to transform its economy, with a goal of having 80% of its GDP come from non-oil sectors by 2040. This shift is powered by the Falcon Economy initiative, which focuses on expanding key industries such as tourism, manufacturing, emerging industries, financial services, and ICT. The Abu Dhabi Industrial Strategy is particularly focused on more than doubling the emirate’s manufacturing sector to $46 billion by 2031. India plays a crucial role in this transformation. As the UAE’s second-largest trade partner, with non-oil trade exceeding $50 billion, the country has partnered with Indian businesses through…

As India moves toward finalizing its bilateral trade agreement with the US, American tech giant HP is ramping up its manufacturing operations in the country. HP has announced plans to increase the production of desktops and laptops, leveraging the Rs 17,000-crore Production-Linked Incentive (PLI) scheme aimed at boosting IT hardware manufacturing in India. HP India’s Managing Director, Ipsita Dasgupta, revealed that the company plans to double its manufacturing output in India this year compared to the previous one. “We are growing our manufacturing through PLI with Dixon, and you’ll see a proportional rise in the percentage of manufacturing here over…

Tata Motors and Tata Power Renewable Energy Limited (TPREL) have signed a power purchase agreement (PPA) to develop a 131 MW wind-solar hybrid renewable energy facility. The project is expected to generate around 300 million units of clean energy annually, helping to reduce over two lakh tonnes of CO₂ emissions each year. Driving Green Manufacturing Forward The renewable energy produced will power Tata Motors’ manufacturing plants in Gujarat and Maharashtra, reinforcing the company’s commitment to sustainable vehicle production. The hybrid energy system will supply reliable and cost-effective green energy to six industrial plants, supporting a major shift toward eco-friendly manufacturing.…

Located in Gurugram, Haryana, EcoGram is a biogas plant and material recovery facility developed to promote circular economy practices. Supported by the Municipal Corporation of Gurugram (MCG), the facility collects wet and dry waste from 20 bulk generators, including residential welfare associations (RWAs), corporate offices, and commercial complexes. Inside EcoGram: How Waste Becomes Power At the facility, wet waste is processed to produce biogas, which is then used to generate electricity, while dry waste is segregated and sent for recycling. Since its inception in 2022, EcoGram has recycled over 1,115,370 kilograms of waste, reduced carbon dioxide emissions by more than…