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Ashoka Bearing will achieve 25% growth this year
The rising demand for bearings across various end-user segments like automotive, machine tools, precision engineering, advanced medical equipment as also different types of bearings for use in extreme conditions, is expected to drive the growth of this industry. Read more
Budget 2022 shows commitment to energy transition, climate action
Proper implementation of action plans and policies (announced in the budget 2022-23) will open doors for the localisation of many green technologies and create a new green technology market in India, says Rudranil Roy Sharma.Read more
Budget 2022 announces additional credit of Rs 2 trn for MSMEs
Budget 2022 announces additional credit of Rs 2 trn for MSMEs Credit will be available through revamped Credit Guarantee Trust for Micro and Small Enterprises Scheme (CGTMSE). The government will roll out “Raising and Accelerating MSME Performance†(RAMP) programme with outlay of Rs 60 billionRead more
Important tips for operating a forklift safely
Companies should be proactive in investing time and resources in staff training. Often, senior management is so target-driven that deadlines become all-important and health and safety tend to get overlooked, writes Hemant Sethi. Regular monitoring of safety compliance should be part of a line manager's job description.Read more
Balu Forge acquires Mercedes Benz’s precision machining unit in Germany
This acquisition will enable BFIL to produce crankshafts and other precision machined components for Original Equipment Manufacturers in the Class 7 and Class 8 trucks and heavy-duty vehicle category.Read more
Budget 2022 - ACMA: Ensure uniform 18% GST on all auto components
Automotive Component Manufacturers Association (ACMA) has recommended enhancement of RoDEPT rates and measures to encourage capital investment in auto component industryRead more
Continental achieves production milestone of 1 mn airbag control units
Continental’s Bengaluru plant reached a milestone for producing one million Airbag Control Units (ACUs), a landmark achieved in a single calendar year. Read more
Havells opens Industry 4.0 compliant manufacturing plant in Rajasthan
New facility – opened at Ghiloth will manufacture washing machines with an annual production capacity of 3 lakh units - will have high level of automation and robotic touch-points; thus, providing superior product quality in the segment.Read more
Alstrut displays industrial cobots for automation at ACMEE 2021
Alstrut India showcased its products and solutions at ACMEE - an international machine tools exhibition that was held at the Chennai Trade Centre from December 9-13, 2021. Read more
Gleason releases new LINE account in Japan
The global gear technology leader Gleason Corporation has released its new LINE account, designed to enhance communications with customers in Japan.Read more