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Bharat Forge scouts for clients in EU
NEW DELHI : Bharat Forge's export sales are expected to top their domestic sales by next financial year. At present, exports account for 36% of its sales revenue. ...More>>    

 

CURRENT NEWS

India. Inc,'s plugged in and raring to go

Finolex in water management JV
BHEL gets Rs 2,700 cr worth NTPC contracts
Import duty on plantation equipment reduced from
50.8% to 5%
Power tools sector grows 10% in H1, cos' stocks soar
Castings industry set to clock 20% growth
Sterlite to invest $400m to hike HZL capacity M
ICCL to merge arm in debt recast
Indian Metals set to merge with group co
   
  Cover Story  
 

Passage to India
With a slew of multinationals queuing up to make India their global manufacturing hub, the industry expects better support from the Government,
India has emerged as one of the most preferred destinations for MNCs to outsource their manufacturing activities. Significantly, the country wasranked as the sixth most attractive FDI destination worldwide in the year 2003 in the FDI Confidence Index brought out by global management consulting firm AT Kearney, ahead of more developed nations such as the UK, Indonesia, Italy, Brazil, Canada and Japan.. ..More>>      

 
  Best Practices  
 

Tracking tools
Sophisticated commercial tool rooms could make India the tooling destination of the world.
The current situation in Indian tooling is not quitesound and the industry needs to consolidate its position to become a forerunner in tool design and manufacture. According to the global competitiveness report 2001-02 covering 75 countries, India has slipped to 57 as against 48 in 2000. India’s technology index rank in 2001 was 66 as compared to 53 for China and 9 for Korea. This places India in a peculiar situation since it is considered to be a country with the largest technically qualified manpower......More>>

 
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