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Manjushree Technopack, Ganesha Ecosphere to co-develop recycled solutions for packaging

The collaboration is the first of its kind in the country and will provide a one stop solution to brands for their rigid plastic packaging needs, in compliance with the impending Plastic Waste Management (Amendment) Rules, 2022 (PWM Rules).Read more

India has moved up with two spots in machine tool production worldwide

Indian Machine Tool Manufacturers' Association (IMTMA) is the apex industry body for the machine tool sector in India. Rajendra S Rajamane, Vice President, IMTMA in this interview talks about the production growth and export achievements of Indian Machine tool industry. Indian machine tool production has reached around Rs 11,956 crore in FY23, he mentioned during the interview.Read more

Servotech has signed MoU with GoUP for EV charger manufacturing unit

… shares Raman Bhatia, Founder & Managing Director, Servotech Power Systems in this interview adding that the company has also established a subsidiary, Techbec Green Energy to enhance production operations.Read more

Indian Automobile Industry valued at $108 bn in 2022-23: Primus Partners

The automobile industry produced value of Rs 8.7 lakh crore in 2022-23 and India produced 2.7 crore vehicles and is 3rd in passenger vehicles and 1st in 2 wheelers globally. Read more

Cummins wins Excellence in Environment Management CII-ITC Sustainability Awards

Cummins India Limited (CIL) received Excellence in Environment Management award for the Manufacturing Sector at the prestigious CII-ITC Sustainability Awards 2022. The award recognises CIL’s innovative approaches and exemplary results in employing policy and practice to reduce company' environmental impact.Read more

ICEMA annual industry results for FY 2022-23 shows 26 per cent YoY growth

Indian Construction Equipment Manufacturers' Association (ICEMA) released its industry result for the FY 2022-23. The results shows construction equipment sales grew 26 per cent to cross 1 lakh mark with 28.5 per cent growth in domestic sales YoY, and 3 per cent growth in exports.Read more

Daimler India Commercial Vehicles shows strong revenue and sales in 2022

Daimler India Commercial Vehicles achieved sales volume growth of 25 per cent in 2022 with total 29,470 vehicle sales. 200,000 cumulative vehicles produced in Oragadam plant, with highest-ever vehicle exports, parts sales and domestic sales in the year. Read more

Freudenberg shows profitability, heavy investments in 2022

Global technology group, Freudenberg presents figures for the year 2022 which shows sales of more than €11.7 billion with an increase of 17 per cent, operating profit of €941.8 million with an increase of 7 per cent and €2 billion investment in research and development with 15 per cent increase in investment on future technologies.Read more

Andhra Pradesh receives Rs 13 lakh cr investment during the Global Investor Summit

Andhra Pradesh Global Investors Summit held in Visakhapatnam on March 3 and 4, is likely to create over 6 lakh jobs in Andhra Pradesh across 20 sectors with 340 investment proposals at the event. Investments announced covers in steel, energy, cement, airport, healthcare, and manufacturing sectors to enable AP to contribute to India’s growth as fastest-growing states.Read more

Indian Cement Review Touts Decarbonisation Mantra & Awards Growth

Leaders of Indian cement industry brought together on single platformRead more

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