Alok Kirloskar, Director at Kirloskar Brothers Limited (KBL) and MD at SPP Pumps Limited, UK

27 Jan 2021 CW Team

Manufacturing has seen a nascent recovery in the past few months. The government could use the positive sentiment to push for bigger reforms in the sector. There is, however, a need to further strengthen India’s manufacturing sector. India should focus on building an ecosystem for manufacturing competitiveness through economies of scale, industrial parks, reducing imports, and focus on increasing exports.

India has an unique opportunity in leveraging its demographic dividend, competitive costing and positioning in the global supply chain reconfiguration race. The upcoming Budget 2021-22 should take all these aspects into account and focus on fast-tracking initiatives, policy changes and incentive packages that will help enhance the share of manufacturing in the economy.

The Centre should also consider schemes like the "patent box" programme promoted by the British government so that in the future, industries will be incentivised to register IPs in India.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..