The impact of pandemic will be there for quite some time to stay and one can definitely expect a rise in the merger and acquisitions (M&As) numbers, says Manav Kapur, Executive Director, Steelbird International.

Many industry mavens from various sectors unanimously think that India has learned many lessons from the pandemic, and it can certainly handle the challenges if the third wave arrives shortly, says Manav Kapur, Executive Director, Steelbird International.

The machine tools manufacturing sector was one of the worst-hit sectors during the COVID-19 pandemic. IMTMA expects the industry to grow around 8-10% due to infrastructure spending and investments.

In this interview with Rakesh Rao, Dr Sreeram Srinivasan, CEO, Syrma Technology Pvt Ltd, discusses reasons behind the current chip shortage crisis and new growth opportunities for the company

Niti Aayog CEO added that there is need for new synergies such as with IT industry in the areas of power electronics. India must look at using the first mover advantage for producing all components for electric vehicles, thus driving towards the path of being a future global leader.

Some key takeaways from the recommendations are such as continuation of FAME II for two more years, higher short-term booster incentives for consumers, support for in-house R&D & more.

This association aims to provide financial flexibility to customers.

Minda Corporation had infused more than Euro 35 million in Minda KTSN Plastic Solutions, a maker of kinematic and non-kinematic plastic components for automotive industry, since it was acquired in 2007.

The Covid 19 pandemic is having enormous effects globally. The global economy has been hit hard, even worse than the Great Depression in 1930.