• Posted On Friday, August 27, 2010

    Apart from addressing the concerns of the domestic LED industry, the LED Products Manufacturers Association also seeks to attract governments attention towards providing subsidy to manufacturers of LED lighting products A report on the Indian light emitting diode (LED) market released by global research and consulting firm Frost Sullivan estimated the aforementioned market to be pegged at US$399.....

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  • Posted On Friday, August 13, 2010

    Wider distribution network, high-end features and cost-effective price point are making handsets manufactured by domestic firms popular among Indian consumers While it is a well-known fact that themobile handset manufacturing marketin the country is booming, an important factor to be attributed to this growth is the step-up in handsets manufacturing activities by domestic manufacturers such as....

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  • Posted On Friday, July 23, 2010

    Improved road infrastructure, coupled with high disposable income is making super-bikes popular among highlanders The Indian superbike market that till date has been fuelled by sales mostly in metros, has found a new lucrative market, which has even taken manufacturers of these premium bikes by surprise. These high engine bikes are now attracting customers from mountains and high land areas, where....

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  • Posted On Friday, July 09, 2010

    High fuel efficiency, coupled with easy maintenance and smooth driving experience are bolstering the demand for radial tyres in the country The burgeoning demand for vehicles in the country has fuelled the demand for tyres, particularly in the radial segment, with tyre majors such as Michelin, Ceat, Bridgestone etc eyeing massive investment to set up plants for manufacturing radial tyres. Accordin....

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  • Posted On Friday, June 25, 2010

    Implementation of GST and low penetration of electronic products in the country will fuel the growth of domestic electrical equipment market The domestic electrical equipment market is poised for growth mainly driven by completion of several power and electrical projects as well as growth in domestic electric appliance and IT industry despite global economic recession, which impeded growth of vi....

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  • Posted On Friday, June 11, 2010

    Large engineering base, coupled with flexible business model are expected to propel the engineering RD services market in the country The Indian engineering RD (ERD) services market is set for a gigantic leap with India poised to become a global hub for engineering services within the next decade, thanks to the growth in sectors such as automobile, telecom, semiconductor etc. According to a survey....

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  • Posted On Monday, May 31, 2010

    With a price tag of Rs1.1 lakh, Bajajs ultra low-cost car in alliance with Renault and Nissan is set to pose stiff competition to Tata Nano Ratan Tatas dream car Nano, marked as the worlds cheapest car may soon lose the tag, thanks to the announcement made by Bajaj Auto, which aims to roll out an ultra low-cost car (ULC) worth Rs 1.1 lakh in alliance with Renault and Nissan. The launch of the ULC ....

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  • Posted On Thursday, May 13, 2010

    With most foreign auto companies looking forward to source automotive components from India, domestic vendors are scaling up production to meet the escalated demand In a recent development that augurs well for the domestic auto component industry, foreign auto majors are planning to source more components from India owing to cheap costs. Buoyed by the trend, most auto component suppliers are rampi....

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  • Posted On Thursday, April 15, 2010

    Low manufacturing costs, coupled with availability of cheap labour are luring UK majors to venture into Indias manufacturing segment Indias manufacturing sector that has witnessed a significant growth in the last few months is set to receive further fillip, with major UK-based companies engaged in the manufacturing sector eyeing to venture the Indian market via collaboration with Indian firms. Acc....

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  • Posted On Thursday, April 01, 2010

    Over the last few months, Index of Industrial Production and Purchasing Managers Index have shown higher growth rate, thereby signalling a spur in manufacturing activities across the nation The Indian manufacturing sector is surely on a revival mode after witnessing contraction in its activities during the global economic meltdown. According to a survey conducted by Machinist360.com, a whopping 10....

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  • Posted On Friday, March 19, 2010

    Experts are of the opinion that a slew of tax initiatives announced in Union Budget 2010-11 augurs well for Indias electronic hardware manufacturing sector Indias electronic hardware manufacturing sector that was looking forward to Union Budget 2010-11 with great expectations is set to get a facelift thanks to a slew of tax initiatives announced to boost products manufactured in the country. Accor....

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  • Posted On Thursday, March 04, 2010

    Power equipment manufacturers in India have urged the government to hike import duty in order to curb the threat posed by cheap power equipment imported from foreign countries, thereby protecting the interests of the domestic players Domestic power equipment manufacturers have for long been voicing their concerns about cheap power equipment being procured from foreign countries, which is having an....

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  • Posted On Friday, February 19, 2010

    With surging consumer demand for vehicles, auto component makers are finding it extremely difficult to supply components to vehicle manufacturers, thereby crippling the latters delivery schedule While the last few months have witnessed a rise in the profit margins of major auto makers in the country, with most of them reporting an increase in sales, dearth in supply of auto components has severel....

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