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Boost on the cards for auto components?

The Indian automotive industry sector has a positive outlook for the upcoming Budget, with expectations for updates on the FAME 3 scheme, PLI sops, and GST revision.

There will be a shift towards advanced synthetic and semi-synthetic grades

Ravi Chawla, MD & CEO, Gulf Oil Lubricants

Our products are designed and developed in Italy

Sanjay Kumar Agarwal, Managing Director, Filtrec Bharat

Demand for locally-manufactured bearings has been rising

Sujeeth Pai, Director, Industrial Business, SKF India, speaks on the company’s approach to innovation and product development.

Poised for growth

With the mining segment getting government support in a big way, the truck and tipper segment will witness growing demand in the days to come.

Budget 2022 and a big infra push

The union budget can be termed as a growth-oriented one, with the government focusing strongly on world-class infrastructure development.

Budget 2022: Increased capex outlay for infrastructure development to drive demand for CE

The industry also welcomed the government’s efforts to mitigate the financial challenges of the MSME sector.

Booster shot for infrastructure sector!

The Budget seems to be focused on high impact areas and accelerating the capital expenditure cycle.

We expect heavy truck market in India to grow by 60% in 2021

A healthy mix of construction activities, especially affordable housing and de-regulation of the mining sector with proactive private participation are reviving demand for the tippers segment.

Indian Steel Association welcomes approval of PLI scheme

The Production Linked Incentive (PLI) Scheme is a scheme aimed at encouraging domestic manufacturing, substituting imports and finally boosting exports.

Indian Steel Association welcomes approval of PLI scheme

The Indian Steel Association welcomes the cabinet approval of PLI Scheme

Video Roundtable: Emerging trends in warehousing & importance of MHE

Industrial Products Finder (IPF) and Equipment India (EI), along with Kelley Material Handling Equipment India as the Associate Partner, hosted a video roundtable – titled “Emerging trends in warehousing and importance of MHE”.

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