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Sweden’s Munters acquires ZECO to strengthens its market position in India

ZECO will provide Munters with a strong platform to expand its dehumidification offering in the Indian market. Read more

Schaeffler India acquires fast-growing B2B e-commerce platform Koovers

Koovers is a brand of KRSV Innovative Auto Solutions Private Limited. Schaeffler has acquired 100 per cent of the company’s shares via a share purchase agreement.Read more

Southco introduces new high strength rotary latches with electronic actuation

Southco continues to expand its rotary latch portfolio with new versions that can enable electronic actuation and provide an electronic door status signal. These new products offer increased security and access control in rugged environments.Read more

Universal Robots Academy has empowered over 200,000 people to use collaborative robotics

With customers ranging from big global companies to small, family-owned businesses, Universal Robots helps automate anything from bin picking to heavy-load palletizing and ship welding.Read more

Coal India achieves impressive 13.2% output surge in August 2023

From April to August 2023, the total coal off-take had increased by 8%, reaching 305.5 MT, in comparison to the 283.1 MT in the corresponding period of the previous year.Read more

Govt extends Automotive PLI Scheme, aims for accelerated implementation

While delivering the keynote address at the review meeting, Mahendra Nath Pandey, Union Heavy Industries Minister urged the industry to provide feedback and engage in collaborative efforts to shape the policies, procedures, and overall effectiveness of the PLI scheme.Read more

India's IT hardware PLI Scheme sees strong industry interest

The government anticipates a cumulative investment of Rs 5,010 crore from the pool of 40 applicants, which includes prominent global IT hardware firms like Dell and HP participating directly in the revised production-linked incentive scheme.Read more

Actalent, CMTI forge partnership to advance smart manufacturing

Actalent and CMTI will also embark on joint research endeavours encompassing a diverse array of focus areas.Read more

US allocates $15.5 bn to boost electric vehicle transition

The United States Department of Energy is allocating $15.5 billion to facilitate the shift towards electric vehicles (EVs).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

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