Light combat helicopters inducted into IAF, commissioning of INS Vikrant, HAL & BEL sign contract for indigenous IRST… these and several more opportunities are opening up for manufacturers in the Indian defence industry. News reports highlight that India is extensively focusing on indigenous production and is attracting investments from companies across the globe....

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Since the beginning of the Industrial Revolution, manufacturing processes have undergone several changes. One of the most significant changes was the introduction of computer-aided design and manufacturing (CAD/CAM) software...

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From a commercial tool room to support the engineering sectors to venturing into toy manufacturing, the journey of Bengaluru-based Micro Plastics Pvt. Ltd. has been commendable. In this facility visit, Mr. Vijendra Babu, the company’s owner, tells Nishant Kashyap how by toying with the idea of manufacturing toys, Micro Plastics has today become India’s largest toy manufacturer.

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India’s FDI could touch US$475 bln: CII-EY
71% of Multi-National Companies (MNCs) working in India consider the country as an important destination for their global expansion. The optimism is driven by both short-term as well as long-term prospects. A majority of MNCs feel that the Indian economy will perform significantly better in 3-5 years backed by 96% of respondents being positive about overall India’s potential...

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According to a survey commissioned by Continental, 60 percent of Germans regard the recognition for skilled occupations as inadequate. Better pay and more flexible working conditions are seen as the most effective means to increase appreciation. The causes of unfilled training positions include poor pay and lack of recognition. The survey also revealed a clear trend – young people favour a college education over vocational training.

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• Apple asks suppliers to shift some AirPods, Beats production to India – Nikkei
• Purohit Steel expands South India operations; inaugurates new facility in Bengaluru
• Garuda Aerospace partners with Lockheed Martin for new drone deal
• Motherson inaugurates new facility in Morocco
• India-Russia JV hopes for $5 bn in supersonic missile exports by 2025
• HANNOVER MESSE shows the way to a climate-neutral industry
• Tech Mahindra Partners with Foxconn-initiated MIH Consortium to offer sustainable automotive engineering solutions
• Triton EV issues INR 8,060 crore LoI to BEL for purchase of battery packs

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