Blog

A Journey of Optimism

India’s consistent growth, as reflected in the manufacturing PMI of 58.5 in June 2024, depicts a story of optimism and promise. Consumerism in India is being boosted by the Union Government’s efforts in infrastructure development, manufacturing, and economy. The rise in middle to high-income bracket households depicts our acceleration toward becoming a consumer-driven economy.

Only the Fittest Survive – Let’s Keep Innovating

The recently released 2023-2024 Economic Survey reflects a strong growth curve of an innovation-driven industrial ecosystem. The DPIIT-recognized startups in India crossed 1.25 lakh in March 2024 from a mere 300 in 2016. As per the report, Indian startups have filed more than 12,000 patents from 2016 to March 2024.

Sandvik Coromant Embraces Diversity, Empowers Women Engineers on Women in Engineering Day

Sandvik Coromant, the metal cutting tools expert, has reflected on the achievements and contributions of its female engineers, who continue to drive excellence in the industry on the occasion of Women in Engineering Day on June 23.

Sandvik Coromant Forecasts 2024: Industry Trends and Innovations for Resilience

Despite 2023 being a challenging year for manufacturers, global manufacturing output is set to achieve a compound annual growth rate of three percent between now and 2027, according to technology insight business Interact Analysis. Here, Helen Blomqvist, President, Sandvik Coromant, the metal cutting tools and manufacturing solutions expert, explores how manufacturers can embrace current industry trends to tackle challenges and remain resilient in 2024 and beyond.

INDIA SET TO MAKE RAPID STRIDES IN MANUFACTURING

India began the financial year 2024-25 on an encouraging note with leading institutions including the International Monetary Fund (IMF) projecting a strong 6.8 percent growth despite the ongoing geopolitical scenario. Also, the Reserve Bank of India (RBI) projects a GDP growth of 7 percent for the current fiscal year that started from April 1, attributing it to consumption demand and private capex spending.

PUBLISHER’S NOTE

Dear Readers, With many industries shifting their base to India in recent years, the country has become a center point for manufacturing. Global giants like Apple (phone manufacturing), Tesla (automobile manufacturing), and Foxconn (electronics manufacturing) are prime examples

BEING UNSTOPPABLE…

A couple of decades ago, it was almost unthinkable for the Indian Manufacturing sector to rise as a global hub of production activities. Cut to the chase, today the sector is redefining the country’s economic landscape. The nation's steadfast commitment to industrial growth is drawing global investments.

AI and Industrial Automation: The Ultimate Solution to Manufacturers’ Challenges in 2024

The manufacturing industry faces a confluence of challenges: rising material costs, supply chain disruptions, and ever-evolving customer demands. In this turbulent environment, manufacturers are actively seeking technological solutions to bolster their resilience, efficiency, and competitive edge. The synergistic combination of artificial intelligence (AI) and automation represents the ‘ultimate antidote’ for manufacturers seeking to unlock peak efficiency, performance, and productivity.

Breaking The Barriers Between Art and Engineering

The German car company BMW ran an ad featuring the Dutch Engineer and Kinetic Artist Theo Janson, a few years back. In the ad Janson says, "The walls between Art and Engineering exist only in our minds. And only a few have the imagination to see beyond them".

AI IN THE MACHINE TOOL INDUSTRY

The Machine Tool industry, a pivotal player in global manufacturing, stands on the brink of a revolutionary transformation driven by Artificial Intelligence (AI). This integration marks a significant departure from traditional manufacturing practices, heralding an era of smart manufacturing that surpasses the realms of mere automation.

<< < 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 > >>

Recent Edition

E-MAGAZINE