AgenciesThe $100 billon Indian automotive industry still imports auto components worth $25 billion. Never in my long career have I been so amazed to see the remarkably enabling environment being provided by policymakers to the Indian industry with a view to enhance manufacturing value-add in the country. The government is investing in the long-term growth of our manufacturing sector by providing a strong financial booster shot in the form of the Production Linked Incentive Scheme. The intent is very clear – to make our manufacturing sector globally competitive and thereby making India Atamanirbhar. The Automotive PLI scheme more than proves the point. Given the importance of the automotive sector for the economic growth, for employment generation, and for leading R&D efforts in the country, it was no surprise that the government identified it as one of champion sectors. Yet, what was startling and certainly admirable is the quantum of support the industry is being provided...

Agency Amara Raja is engaged in the field of Lead Acid Batteries (AMARON), Power Conversion Products, Sheet Metal Products, Plastic Molding, Precision Components, Electronics Manufacturing. Amara Raja Group On Monday, he said he has been working with Blaze Automation collaborated to form a Joint Venture (JV) to develop and manufacture IoT devices for the global market. The two companies agreed to set up a joint venture entity, Amara Raja Blaze Technologies Pvt Ltd (ARBT). pAmara Raja in a statement, the joint venture will utilize the combined strengths and accumulated experience of both the companies to innovate, develop and manufacture IoT devices. The joint venture will start offering products made in India. In addition, the service is expected to be offered as early as 2020 Year 9 Monthly to customers. “We will leverage our expertise and capabilities in manufacturing, and Blaze The organization’s Vice Chairman Jayadev Galla Lala, to provide turnkey solutions for Make i...